Funding Rounds

Flexiti picks up another $80m in debt financing from Credit Suisse

Flexiti, a POS consumer financing solution, has received an $80m mezzanine debt facility from Credit Suisse Asset Management.

Steady raises $9m in round, alongside appointment of Shaquille O’Neal as advisor

Steady, a platform to help freelancers support their income, has secured $9m in its Series A funding round.

P2P lender Furongbao said to close Series B on $120.6m

China-based P2P lender Furongbao has reportedly closed its Series B round on $120.6m from an unnamed investor.

Credit management platform AsiaCollect secures $4.5m round

Integrated credit management platform AsiaCollect has secured $4.5m in a round led by SIG Asia Investments.

BNP Paribas forms strategic partnership with CODE Investing

BNP Paribas Asset Management has formed a strategic partnership with CODE Investing, a SME lending platform.

Maritime insurance data platform Windward bags $16.5m Series C

Windward, a risk analytics platform for the marine insurance industry, has collected $16.5m in its Series C funding round.

Mahindra raises $100m in funding from IFC to support more loans

Mahindra & Mahindra Financial Services has raised $100m in funding from IFC, a member of the World Bank Group.

Sigma Ratings brings in $2.4m for non-credit risk ratings

Sigma Ratings, a New York-based non-credit risk ratings agency, has raised $2.4m in seed funding.

ThetaRay collects $30m to fight financial crime

ThetaRay, which uses AI and big data to prevent financial crime, has completed a fund-raising round of over $30m.

Canada-based Flinks raises $1.75m in funding from National Bank, Luge Capital

Canada-based Flinks, a financial data aggregator, has raised $1.75m in a funding round from National Bank and Luge Capital.

News Stories

How purpose-built AI is transforming compliance from detective controls into preventive controls

As AI rewrites the playbook for financial crime and conduct risk, Behavox founder and CEO Erkin Adylov explains how purpose-built models are shifting compliance...
FinTech

Over $1.1bn raised across funding raises in red-letter week for FinTech

There was over $1.1bn raised across 23 deals this week in the FinTech sector, one of the most powerful weeks for raises seen so...

Ortec Finance’s GLASS PRISM targets insurance portfolio optimisation

Ortec Finance has unveiled GLASS PRISM, a next-generation strategic asset allocation (SAA) optimisation tool designed specifically for insurance asset managers.
crime

Why real-time intelligence sharing is now a legal must

A decade ago, the notion of regulated financial institutions exchanging crime intelligence in real time felt far-fetched. Legal barriers loomed large, trust between banks...
LSEG launches real-time vessel tracking API

LSEG launches real-time vessel tracking API

London Stock Exchange Group (LSEG) has unveiled a new Vessel Tracking API, developed in collaboration with satellite operator Kinéis and Wood Mackenzie Vesseltracker, offering...

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