Funding Rounds

fintech-news

MPOWER nabs $6m to finance international students

MPOWER Financing has raised $6m in a Series A round led by private equity firm Zephyr Peacock India. The Washington DC and Bangalore-based company aims to help finance international students.
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New funding takes 51 Credit Card round to $400m

Chinese credit card management app 51 Credit Card Manager has raised $84m in what’s being described as a C+ round from Harvest Capital and Yintai Group.

Canada nanoPay grabs $10m for real-time payments

Canadian payments firm nanoPay has raised $10m in Series A funding from investors including Goldman Sachs merchant banking division.

Mitrefinch picks up ?20m from LDC in management buyout

Mitrefinch has raised ?20m in an equity investment from LDC for its human capital management software.

AX Trading Network picks up $20m to help traders find liquidity

Electronic trading platform AX Trading Network has raised $20m in a round of venture funding. The investors and terms of the deal are undisclosed.
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Capital Confirmation collects $60m for online audit services

Capital Confirmation, a Nashville-based provider of online audit confirmation services, has raised $60m.
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Employee insurance startup Hixme takes $14.1m

Spanish banking giant BBVA’s venture capital fund Propel Ventures is investing in US-based inusrtech startup Hixme's $14.1m Series B round.

Lendio picks up $20m round after lending grows 93%

Small business lending marketplace Lendio has raised $20m in a Series D round led by Comcast Ventures and Stereo Capital. The funding brings the amount raised by the Utah-based company to $51m.
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Ride-hailing player Go-Jek scoops up PonselPay

Indonesian ride-hailing service Go-Jek is buying regional payments startup MVCommerce the company behind mobile payments service PonselPay.

TravelBanks files $10m for employee expenses app

Employee travel expenses app TravelBank has raised $10m in its Series A round led by NEA. Accel Partners also invested in the San Francisco-based startup.

News Stories

AuthenticID's new Smart ReAuth battles identity fraud

AuthenticID’s new Smart ReAuth battles identity fraud

AuthenticID, a leader in identity verification and fraud prevention, has recently upgraded its Smart ReAuth platform.
Countingup and Sleek unveil Tax Pro: Revolutionising tax compliance for limited companies

Countingup and Sleek unveil Tax Pro: Revolutionising tax compliance for limited companies

Countingup, a prominent UK business account and financial app, has joined forces with the accountancy service Sleek to roll out a new tax solution aimed at limited company owners.
Pine Labs and Visa unite to accelerate digital payments in Bharat with new soundbox device

Pine Labs and Visa unite to accelerate digital payments in Bharat with new soundbox...

Pine Labs and Visa have partnered to launch the Pine Labs Mini, a versatile payment device aimed at boosting digital payments in Bharat.
The FinTech sector celebrated a solid week of funding, as it secured almost $750m over the past seven days.

Almost $750m raised on solid week for FinTech funding

The FinTech sector celebrated a solid week of funding, as it secured almost $750m over the past seven days.
Permata and JCB unveil the Ultimate Card for elite travel and dining experiences

Permata and JCB unveil the Ultimate Card for elite travel and dining experiences

JCB International Indonesia, a subsidiary of the global payment brand JCB International Co., and Indonesian financial giant PT Bank Permata have collaborated to introduce the Permata JCB Ultimate Card.

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