Investors

London-based SaaS InsurTech Hyperexponential closes $18m round

InsurTech Hyperexponential (hx) which has mathematical modelling software for the commercial insurance sector has closed an $18m funding round led by growth capital fund Highland Europe.

ELITE and Global Accelerated Ventures launch initiative to help FinTech firms in the midst...

The COVID-19 pandemic has made it harder for FinTech firms to raise capital, but now a new initiative might give them a leg up to grow despite the crisis.

Nucoro divests Exo Investing solution to wealth management firm abrdn

UK WealthTech firm abrdn has concluded a deal to acquire Exo Investing from FinTech firm Nucoro for an undisclosed fee.

Cryptobank Coinhouse bags €15m Series B

Coinhouse has closed a $15m Series B round as the company becomes Europe’s first ever cryptobank.

Financial streaming platform ShareVision reels in $2.1m in overfunded seed round

UK-based live financial streaming platform specifically for trading, economics, and finance, has raised ShareVision raised $2.1m in seed funding to scale its platform.

Extend achieves unicorn status following $260m Series C

US product protection startup Extend has raised $260m from a Series C round that has brought its overall valuation to $1.6bn.

Quona Capital closes sophomore FinTech fund on $203m

Quona Capital, a venture capital firm aiming to boost financial inclusion in emerging markets, has closed its sophomore fund on $203m.
ThetaRay

ThetaRay’s AI-powered global payment solution nets $57m funding

ThetaRay, a player in next-generation AI-driven secure global payments with a presence in diverse locations, has bagged $57m in funding.
fintech insurtech wealthtech regtech ai cybertech esg news

ING brings four startups and two internal ideas to accelerator

Dutch multinational bank ING is taking on four new external startups and two internal projects for its latest accelerator programme.

Brazilian unicorn EBANX bags $430m from Advent before planned IPO

Brazilian FinTech EBANX has captured a $430m investment from Advent International of which $30m would go toward its planned initial public offering (IPO) of stock.

News Stories

AkkenCloud and Immediate team up to revolutionise pay cycles in staffing industry

AkkenCloud and Immediate team up to revolutionise pay cycles in staffing industry

AkkenCloud, a leading innovator in the Staffing Industry known for its advanced automation and AI-driven solutions, has announced a groundbreaking partnership with Immediate, a forward-thinking provider of pay access solutions.
Marqeta powers Rain's new debit card for seamless wage access

Marqeta powers Rain’s new debit card for seamless wage access

Marqeta, a global modern card issuing platform, has partnered with Rain, a financial wellness benefits provider that assists companies in giving employees greater control over their finances.
Tiller Technologies and HSBC Expat join forces to launch digital ID verification

Tiller Technologies and HSBC Expat join forces to launch digital ID verification

Tiller Technologies, a leading RegTech company, has teamed up with HSBC Expat, a branch of HSBC Bank specialised in services for expatriates, excels in offering tailored banking solutions across the globe.
FinTech funding activity flourished this week as deals were completed on all corners of the globe, with a total of $694.5m raised over 19 tranches.

FinTech funding flourishes amid diverse week for deal activity

FinTech funding activity flourished this week as deals were completed on all corners of the globe, with a total of $694.5m raised over 19 tranches.
Klarna and Milkywire team up to expand Nature Transformation Fund for global biodiversity

Klarna and Milkywire team up to expand Nature Transformation Fund for global biodiversity

Klarna, an AI-powered global payments network and shopping assistant, and Milkywire, an environmental impact platform, have launched the Nature Transformation Fund.

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