Funding Rounds

Neighbourly lands $25m to modernise public funding

Public finance startup Neighbourly has raised $25m in a Series A funding round led by Palantir co-founder Joe Lonsdale fund 8VC and Emerson Collective.
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4xLabs picks up $1.5m for currency trading tech

Currency exchange software startup 4xLabs has raised $1.5m in a pre-Series A round led by Dymon Asia Ventures.
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Symphony bags $63m from banks at $1bn-plus valuation

Messaging and collaboration platform for finance professionals Symphony has scooped up $63m in a new funding round that values it at more than $1bn.
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Mobile payments player LevelUp swipes $50m from JP Morgan Chase

Mobile payments network LevelUp has picked up $50m in a new round of funding from banking giant JPMorgan Chase.
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PeerNova nets $7m to manage financial services’ big data

Big data service PeerNova has picked up $7m in a new round of venture funding. The round’s investors are undisclosed.

Protect My Car parks $7m for car warranty and insurance services

Car warranty and insurance startup Protect My Car has secured $7m in a Series C funding round from Great White Shark Opportunity Fund.
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Taralite scores $6.3m from Japan’s SBI Group

Indonesian peer-to-peer lending platform Taralite has picked up $6.3m in funding round from Japanese conglomerate SBI Group.

Hong Kong-based Qupital lands Alibaba funding

Alibaba Entrepreneurs Fund is making its first FinTech investment in backing Hong Kong-based invoice financing platform Qupital's Seed round.
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MarketInvoice secures £45m commitment from Portugal’s BNI Europa

Invoicing financing platform MarketInvoice has inked a deal with Portuguese Banco BNI Europa (BNI) to provide £45m in lending commitments annually.
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Micro-lender AYE Finance swipes fresh $3m

Indian micro-lender AYE Finance has secured a $3m credit line from public lender the State Bank of India. The company operates a network of 22 branches around seven Indian states.

News Stories

video

What are the main concerns financial institutions should have around using AI?

As financial institutions look to increase their adoption of artificial intelligence (AI), they need to ensure they are able to trust the technology. These AI tools can have gain access to sensitive data and if the correct measures are not implemented, can cause a myriad of problems. 

Candriam launches ESG Market Neutral Fund targeting sustainability leaders

Candriam, a sustainability-focused asset management firm, has announced the launch of its new fund, the Candriam Equities L ESG Market Neutral Fund.
SEB

SEB launches global fund focused exclusively on sustainable investments

SEB has unveiled the SEB Global Sustainable Companies Fund, an index-linked global investment fund dedicated solely to sustainable companies.

American Sustainable Business Council takes on Texas in ESG lawsuit

The Texas legal landscape is heating up as the American Sustainable Business Council (ASBC), a champion for sustainable business practices, has filed a lawsuit against the state to overturn Senate Bill 13.
WTW, a global leader in insurance broking, and advisory services, has partnered with Canopius US Insurance, Inc. and Verita Capital Solutions to launch a new property insurance facility.

WTW unveils property insurance facility with Canopius and Verita Capital Solutions

WTW, a global leader in insurance broking, and advisory services, has partnered with Canopius US Insurance, Inc. and Verita Capital Solutions to launch a new property insurance facility.

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