Company News

Risk management startup Venminder raises $5m Series C funding round

Kentucky-based Venminder, the third party risk management solutions provider, has closed a $5m Series C round to further improve its offering. The round was led...

New Australian digital-only bank 86 400 taps Morgan Stanley for $100m funding round

Australia’s newest challenger bank 86 400 has just announced investment bank Morgan Stanley is going to help it kick of a private funding round worth more than $100m.

soCash closes $6m Series B funding round led by Glory

Singapore-based soCash, the startup enabling consumers to withdraw cash and apply for loans via its mobile app, has raised a $6m Series B funding...

RGS to provide SMEs with cyber insurance following InsureCert deal

RGS (Royal Group Services) can now distribute cyber insurance policies to small and medium-sized businesses following new partnership with InsureCert.

Visa joins PayMate’s $25m Series D round as the Indian FinTech firm eyes international...

Mumbai-based PayMate, a business specializing in enabling businesses to automate and digitize their payments, is looking to raise $25m in its new Series D round and is now backed by Visa.

Beleaguered Metro Bank confirms talks about a potential sale of a loan portfolio

Challenger bank Metro Bank has confirmed that “discussions regarding the potential sale of a loan portfolio are taking place” in a stock market announcement.

A new platform called AFOX will tokenize media buying contracts

The Advertising Futures and Options Exchange (AFOX) platform has released new services which will enable media and advertising contracts to be tokenised.

Equifax to pay up to $700m to settle data breach

Equifax, a credit scoring company, will pay up to $700m to the US regulator as a result of a data breach in 2017.

‘Wild West’ days of cryptocurrency are ending as backlash meets Facebook’s Libra

As regulators begin to take a closer look at cryptocurrency exchanges and cryptos like Facebook's Libra, the days of old are ending.

Online real estate unicorn Beike Zhaofang’s $1.2bn Series D round pushes its valuation past...

PropTech scaleup Tianjin Xiaowu Information Technology, which is also known as both Beike Zhaofang and Ke.com, has raised a massive $1.2bn capital injection from seven investors. The Series D round means it's valued at more than $10bn, making it a unicorn ten time over.

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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