Funding Rounds

From FinTech and RegTech to InsurTech and cybersecurity startups, Plug and Play’s Demo Days are always an interesting event for market stakeholders wondering what is next on the horizon.

Paytrix, an embedded payments company for high-growth vertical software platforms, has bagged £5m in new funding.

The race among UK challenger banks to establish themselves across the pond has got fiercer after Monzo applied for a US banking licence.

PLUM Lending has received a $2m investment from Resolute Capital Partners, Soft Bank and Elliott Management.

Wise, banking an payments platform, has scored $5.7m in a seed funding round to support the development of new tools.

Real estate technology platform Point has received an investment from Atalaya Capital Management. Atalaya has agreed to purchase $150m of Point’s structured home equity investment...

Sentra, a cloud data-focused security company, has scored $30m in a Series A funding round led by Standard Investments.  

Emerging from stealth mode, InsurTech company CoverForce has introduced a dynamic suite of products tailored for agency networks, wholesalers, and software firms. The company's objective is to digitise an offline market, offering swift and accurate insurance comparisons and purchases with a single click.

Jodo, a Bangalore-based FinTech that helps families pay tuition fees, has raised $15m in Series A funding.

Corporate finance and tax management company Yunzhangfang.com has reportedly picked up a $14m investment from China-based Hillhouse Capital Group.