RV rental marketplace Outdoorsy banks $120m to boost expansion of its InsurTech arm Roamly
Global online RV rental and outdoor travel marketplace, Outdoorsy, raised $120m in equity and debt financing to drive its growth and expansion of its InsurTech business, Roamly.
Continuous compliance automation platform RegScale bags $20m Series A
Continuous compliance automation software platform RegScale has closed its Series A round on $20m.
Brite Payments secures $60m to drive global expansion
Swedish FinTech Brite Payments has successfully secured $60m in a recent funding round led by Dawn Capital, with participation from Headline and existing investor Incore Invest.
Financial inclusion group Fincare lands $75m
There’s more investment going into Indian financial inclusion-focused lending platforms with Fincare picking up a $75m round.
US leads the way in last week’s 35 FinTech deals
This week saw 35 deals take place, coming from a range of sectors. The USA, however, dominated the highest value deals.
RealityEngines.AI rebrands to Abacus.AI alongside funding round
RealityEngines.AI has rebranded to Abacus.AI, alongside the close of a $13m Series A round.
The 32 funding rounds that raised $1.6bn last week
This weeks 32 FinTech deals were led by Cross River, a technology infrastructure provider that offers embedded financial solutions, which raked in a staggering $620m.
Teenager personal finance app Current secures $5m Series A led by QED
Personal finance platform Current has secured a $5m Series A funding round led by QED Investors, with Cota Capital also participating.
Funding Circle said to be eyeing a $1bn+ IPO
P2P lending platform Funding Circle is reportedly looking to hold an IPO on the London stock exchange later in the year.
Stake eyes European expansion following $30m funding round
Australian retail brokerage platform Stake has raised $30m from a new funding round led by Tiger Global.