Company News

Root Insurance closes Series E valuing it at $3.65bn

Root Insurance, a property casualty InsurTech, has closed its Series E funding round on $523m, valuing it at $3.65bn.

Alibaba’s e-commerce tycoon Jack Ma steps down as chairman

Jack Ma is stepping down as chairman of Alibaba, the e-commerce titan he founded back in 1999.

Singapore authorities launch FinTech compliance programme

The Monetary Authority of Singapore (MAS) and the Singapore Academy of Law (SAL) have announced plans to boost compliance among the country’s FinTech firms.

Investor-connecting platform PrimaryBid grabs £7m in new funding round

PrimaryBid is a London-based online platform connecting publicly listed companies with everyday investors for discounted share issuances. It has just announced the completion of a £7m funding round.

Exclusive: AppZen’s CEO reveals how one Halloween walk led to the foundation of a...

AppZen has just raised a $50m Series C funding round. However, the founder reveals it all started with one trick or treating walk with his kids.

Not everyone is happy about Uber possibly looking to expand its FinTech portfolio with...

Ride-hailing unicorn Uber has reportedly begun to survey its drivers about an upcoming “new financial product” to help them with their finances.

Delta Capita teams with DTCC to boost SFTR compliance support

Delta Capita is collaborating with the Depository Trust & Clearing Corporation (DTCC) to help companies meet trade reporting obligations of Securities Financing Transactions Regulation (SFTR).

AppZen scores $50m in funding round led by Coatue Management

Financial team support platform AppZen has nabbed $50m in its latest funding round to expand its platform’s offerings.

IceKredit has closed a $47m pre-Series C funding round supported by Yunqi Partners

Credit risk and management FinTech scaleup IceKredit has announced that it has raised $47m in a pre-Series C round, more than the $44m invested so far.

Spendesk raises €35m in a Series B round led by Index Ventures

Spending management platform Spendesk has just closed a €35m Series B funding round, bringing the total investment injected into the company to €45m.

News Stories

US takes the gold for FinTech deals this week - Here are this week's 36 deals

US takes the gold for FinTech deals this week – Here are this week’s...

It was a strong week for US-based FinTech companies, with 17 securing fresh capital this week.  Aside from the US dominating the week for deals,...
Deutsche Bank and BASF initiate pioneering ESG finance programme in Asia

Deutsche Bank and BASF initiate pioneering ESG finance programme in Asia

Deutsche Bank has unveiled BASF’s inaugural sustainability-linked payables finance programme in Asia, concentrating on its operations in China.
PureFacts secures major investment from GrowthCurve

PureFacts secures major investment from GrowthCurve

PureFacts Financial Solutions, a renowned provider of revenue management solutions tailored for the investment sector, recently announced a significant development.
Tuum and ComplyAdvantage join forces to enhance compliance and operational efficiency

Tuum and ComplyAdvantage join forces to enhance compliance and operational efficiency

Tuum is a next-generation core banking platform, has partnered with ComplyAdvantage, a financial crime intelligence platform that offers AI-driven risk data and fraud detection technology to a global client base.
Wisedocs bags $4.5m from CIBC to streamline insurance claim reviews with AI

Wisedocs bags $4.5m from CIBC to streamline insurance claim reviews with AI

Wisedocs, an innovative leader in the InsurTech sector, recently received a significant financial boost. CIBC Innovation Banking has extended $4.5m CAD in growth capital financing.

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