Funding Rounds

Omnio raises €15m in first close of private placement

Digital banking platform Omnio Group has reportedly raised €15m in the first close of a private placement.
Moneyhub

Open finance platform Moneyhub locks in £15m funding

Moneyhub, an open finance and data platform, has scored £15m in top-up investment from savings and retirement firm Pheonix Group.

Breathe Life scores $11.5m in round comprising equity, debt and grants

Breathe Life, an end-to-end solution for life insurers, has received $11.5m in a funding round comprised of equity funding, debt financing and a grant.
Waza

Waza secures $8m for B2B payments innovation in emerging markets

Waza, a B2B emerging markets payment platform, has successfully closed an $8m funding round comprising both equity and debt.

RBC becomes first Canadian bank with digital government identity verification

Royal Bank of Canada (RBC) has become the first Canadian bank to implement digital government identity verification solutions.

DailyPay eyes market expansion following $500m capital raise

US firm Daily Pay has netted $500m in raised capital following a $175m Series D and $325m credit capital raise.
fintech insurtech wealthtech regtech ai cybertech esg news

Gainfully grabs $2.5m in funding led by MassMutual Ventures

Financial services and insurance service SaaS network provider Gainfully has secured a $2.5m financing round led by MassMutual Ventures.
Entro, the revolutionary cybersecurity platform, secures $6m in seed funding

Entro, the revolutionary cybersecurity platform, secures $6m in seed funding

Entro, a cybersecurity firm hailing from Israel that specialises in secrets security and management, has just announced the successful completion of its seed funding round.

OnPay closes first external capital investment

Payroll startup OnPay has bagged $6m in its Series A round, which marks its first batch of external financing.

FinTech funding in Singapore hit lowest level in four years in 2020 as large...

Lack of deals over $50m resulted in a 58.6% decline in funding last year

News Stories

Revolut escalates global presence with new BillPay for businesses, revenues hit $500m

Revolut escalates global presence with new BillPay for businesses, revenues hit $500m

Revolut Business has announced that its global revenues now exceed $500m (£380m), alongside monthly transaction volumes of £17bn.
Palm secures $6.1m seed funding to enhance enterprise treasury management

Palm secures $6.1m seed funding to enhance enterprise treasury management

Palm, a financial technology firm based in Sweden and the Netherlands, has recently announced a significant milestone in its journey.
MidWestOne Bank enhances digital customer onboarding with Temenos SaaS on AWS

MidWestOne Bank enhances digital customer onboarding with Temenos SaaS on AWS

MidWestOne Bank, headquartered in Iowa and servicing around 140,000 customers across four states, has successfully implemented Temenos Digital Onboarding as Software as a Service (SaaS) on Amazon Web Services (AWS).
Consumer Duty

One year on: How has Consumer Duty impacted the industry?

On July 31 last year, the long-awaited Consumer Duty legislation came into effect in the UK, following months of preparation and industry attention.
Six ways tech is revolutionising M&A for insurers

Six ways tech is revolutionising M&A for insurers

Mergers and acquisitions (M&A) have long been pivotal strategies for growth within the insurance sector, enabling firms to expand their market presence, enter new territories, and secure competitive advantages.

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