Company News

InsurTech Marshmallow becomes Britain’s second Black-owned unicorn after fresh funding

Digital motor insurer Marshmallow has raised $85m, valuing it at more than $1.25bn and making it the second British Black-founded unicorn.

Late payments can create dangerous ‘domino effect’ across entire supply chain

A recent survey conducted by PayTech firm GoCardless found 86% of respondents agreed that one late payment can impact everyone in the supply chain.

Slice launches $27 credit limit cards to tap 200 million users in India

Bengaluru-based consumer credit startup slice unveiled a card that offers a credit limit from Rs 2,000 ($27) onwards, to capture 200 million Indians who struggle with online transactions.

Security concerns around hybrid working remain high despite its popularity

A survey by Entrust has found that while hybrid working is popular with employees and leaders alike, the security concerns around the model are high with business leaders.

From childhood investing to two decades on Wall Street – the journey of an...

Becoming an entrepreneur takes a strong mindset and every path to becoming a company founder will be different. Life.io’s latest podcast explores the journey of Ramsey Smith and how he became an entrepreneur.

PayPal to acquire Japanese unicorn Paidy in $2.7bn deal as the BNPL race heats...

PayPal is set to acquire Japanese buy now, pay later firm Paidy for $2.7bn as the US payments company looks to expand its reach in the Asian country.

Peter Thiel-backed B2B platform ShopUp inks $75m Series B

Bangladeshi B2B commerce platform ShopUp has secured $75m in a Series B funding round headed by Peter Thiel’s Valar Ventures.

Sovos acquires tax software competitor 1099 Pro to broaden SME offering

Global tax software provider Sovos has purchased tax software and services company 1099 Pro for an undisclosed fee.

Fluency scores $1.3m in seed funding to grow CBDC blockchain platform

Blockchain start-up Fluency has reeled in $1.3m in seed funding from various unnamed European investors, giving the company a total valuation of $23.5m.

TheCityUK creates 5 year plan to make UK a leading financial centre

TheCityUK has outlined a new international strategy designed to make the UK become a leading financial centre over the next five years.

News Stories

US-based CyberTech companies dominated this week's FinTech funding

US-based CyberTech companies dominated this week’s FinTech funding

it was a strong week for US-based CyberTech companies, accounting for eight of the total 26 FinTech deals covered this week.  In total, FinTech Global...
Realm.Security secures $5m in seed funding to streamline cybersecurity data management

Realm.Security secures $5m in seed funding to streamline cybersecurity data management

Realm.Security, a startup tailored for cybersecurity, has stepped out of stealth mode and announced a $5m seed investment spearheaded by Accomplice and Glasswing Ventures.
Fora Financial boosts liquidity with a record $126.9m asset-backed securitization

Fora Financial boosts liquidity with a record $126.9m asset-backed securitization

Fora Financial, a prominent FinTech company providing financial solutions to small and medium-sized businesses (SMBs), announced today the closure of its third and largest asset-backed securitization (ABS) valued at $126.9m.
Novatus Global bolsters RegTech prowess with $40m investment

Novatus Global bolsters RegTech prowess with $40m investment

Novatus Global, a London-based leader in regulatory technology, has announced a significant growth investment of $40m from Silversmith Capital Partners, a growth equity firm located in Boston.
Ledgebrook's innovative push in InsurTech garners $17m Series B funding

Ledgebrook’s innovative push in InsurTech garners $17m Series B funding

Ledgebrook, the rapidly growing InsurTech firm, has successfully closed a $17m Series B funding round.

120,000+ FinTech leaders get exclusive industry stories delivered every week

Download the free AIFinTech100 report

FREE

Download the AIFinTech100 report for 2024 with details on each solution