Meniga picks up €7.5m to help banks adapt to FinTech
Digital banking platform Meniga has picked up €7.5m in a round led by Nordic VC Industrifonden. Existing backers Velocity Capital, Frumtak Ventures and Kjolfesta also participated.
Trov secures $45m to insure items on-demand
On-demand insurance startup Trov has secured $45m in a Series D round led by Munich Re / HSB Ventures. The company says all of its Series C round investors participated in the round.
Former Lending Club CEO launches rival platform with $60m
Former Lending Club CEO Renaud Laplanche is launching a new consumer lending startup with $60m in funding.
Business current account Tide closes $14m Series A
UK-based Tide has reportedly closed a $14m Series A funding round led by Anthemis and Creandum.
Chinese credit assessment startup Wecash lands $80m
Chinese online credit evaluation platform Wecash has raised $80m in a Series C round from China Merchants Innovation Investment Management, Forebright Capital Management and SIG.
FinTech investor tryb pumps $4m into smart contracts firm Chinsay
Sweden-based smart contracts company Chinsay has picked up $4m from Singapore-based FinTech investor tryb Capital.
VST Enterprises closes round on £11.4m
Cybersecurity platform VST Enterprises has closed its fourth funding round, picking up £11.4m.
Groundspeed Analytics nabs $2m for insurance data platform
Insurance data and machine learning platform Groundspeed Analytics has closed a $2m Series A round. InsurTech and FinTech investor ManchesterStory led the round.
Mortgage marketplace Morty mints $3m from Thrive Capital
Automated mortgage marketplace Morty has raised $3m in a Seed round led by Thrive Capital. SV Angel, FJ Labs, Corigin Ventures, MetaProp, Techstars and angel investors also participated.
Perfios nabs $6.1m to crunch data for banks
FinTech data startup Perfios has raised $6.1m in a Series A round from Bessemer Venture Partners. Perfios aims to help financial institutions in real-time decision making.