Funding Rounds

Online direct loan provider LendingPoint has announced it received up $500m for a credit facility from Guggenheim Securities.

Precision payments platform Anomaly has netted $17m in seed and Series A funding as it looks to bolster its market footprint.

Europe led the charge in this week's 26 FinTech funding rounds, in a rare occasion where the US didn't hold the lion share of deals. 

Flyreel, an AI-powered residential and commercial property insurance service, has closed its Series A round on $10m.

Nigeria-based lending platform Payhippo has reportedly collected $3m in its seed funding round, as it looks to scale its team to support growth.

Bulgarian expense management startup Payhawk raised a $20m funding round led by QED Investors with Earlybird Digital East also participating.

From InsurTech startups to cybersecurity ventures, the past week has seen several FinTech firms find funding to help them grow despite the global pandemic.

Sprinto, a prominent player in the RegTech industry, has successfully closed a $20m Series B funding round. The investment was led by notable names including Accel, Elevation Capital, and Blume Ventures, positioning Sprinto for significant technological advancements.

Payments unicorn EBANX has purchased remittances company Remessa Online in a deal valued at $229m.

InsurTech unicorn Next Insurance has doubled its valuation to $4bn, following the close of a new $250m investment round.