FinTech News

International money transfer startup Azimo in integrating its service into Facebook Messenger to allow senders and receivers to connect through the social network of 1.65bn users.

Insurance platform Baozhunniu has reportedly bagged $14m for its Series B funding round, led by Marathon Venture Partners.

China-based Dianrong has closed its Series D funding round on $220m, which was led by GIC Private Limited.

French venture capital firm Breega Capital has reportedly closed its latest fund on €100m, according to various reports in the media.

New York-based Boost Payment Solutions has completed a funding round from Mosaik Partners.

R3, a consortium made up of more than 80 banks and financial services firms from around the world, has raised $107m in the largest blockchain funding deal to date.

Open banking compliance platform Token has secured a $15.7m investment from investors as the introduction of PDS2 nears.

Swiss SME lender Tradeplus24 has secured a $101m credit facility from boutique investment house Oceano One. Zurich-based Tradeplus24 is parented with AIG and Kessler & Co.

Auckland, New Zealand-based payments firm LatiPay has raised $3m in its Series A round as it looks to enter new markets.

Investment education platform Investoo.com has picked up $2m in a round of funding from Optimizer Invest, Kinetic Investments and Right Casino Sam Miranda.