Funding Rounds

FinTech solution developer Encore Pay closes its seed on $1.5m

UAE-based Encore Pay has closed its seed round on $1.5m, as it plans to expand across the MEA region.
CoinFund

Cryptonative investment firm CoinFund rakes in $158m funding

CoinFund, a cryptonative investment firm, has triumphantly closed a $158m funding round for its CoinFund Seed IV Fund LP.

First operating system for compliance anecdotes raises $25m in its Series A

anecdotes, which identifies as the first operating system (OS) for compliance, has collected $25m in its Series A funding round.

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.

Insurance comparison platform Gabi bags $27m in its Series B

Home and car insurance platform Gabi has reportedly raised $27m in its Series B round which was led by Mubadala Capital.
Butter-insurance-raises-£1.3m-subscription-style-insurance-insurtech

Butter Insurance lands $1.3m for its subscription-style insurance model

Butter Insurance, a Sydney-based InsurTech startup which offers subscription-style insurance policies, has raised $1.3m in pre-seed funding.

Short-term loan provider EarlySalary said to raise $10m Series C

India-based EarlySalary, which gives consumers instant access to credit, has reportedly bagged $10m in its Series C round.

Ascensus acquires Qualified Plans to support its retirement plan offerings

Ascensus, a technology solution developer for banks and asset managers, has acquired Qualified Plans LLC.

Retail investing app Trove said to raise funds from three angel networks

Micro-investing startup Trove has allegedly secured capital from an investment round backed by three angel networks.

SurePay bags €12.2m to help companies prevent payment fraud

SurePay, which provides confirmation of payee services, has collected €12.2m in a round led by Connected Capital.

News Stories

Strong week in the FinTech sector with $1.7bn raised

FinTech Global this week reported on 21 recorded deals in the FinTech sector, with a strong showing in the reinsurance space bringing the total value recorded over $1bn.

EU regulator suggests revamp in sustainable investment rules

The ESMA has recently recommended a significant overhaul of the Sustainable Finance Disclosure Regulation (SFDR) within the EU.
MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

MNT-Halan expands into Turkey with acquisition of Tam Finans

MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

EU banks and insurers lag in green compliance, PwC study finds

A recent PwC study has uncovered a striking deficiency in the alignment of financial institutions’ activities with the EU's taxonomy for sustainable activities. According...
India

India’s new climate finance taxonomy to propel green transition

India is poised to implement a climate finance taxonomy, as announced by the Minister of Finance, Nirmala Sitharaman, during the annual budget.

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