Funding Rounds

Instant loan provider Yenmo raises $500,000 from Y Combinator to revolutionise lending in India

Instant loan provider Yenmo raises $500,000 from Y Combinator to revolutionise lending in India

Yenmo, a FinTech startup providing instant loans against mutual funds, has successfully completed its latest funding round, securing $500,000 from the Silicon Valley-based startup accelerator, Y Combinator, according to a report from Business Standard.

ZoodPay lands funding, expands reach in Iraq

Switzerland-headquartered ZoodPay, the Buy Now, Pay Later (BNPL) app, has secured $38m in Series B funding, as it accelerates its expansion in Iraq.

Briq reportedly nets $10m in its Series A led by Blackhorn

Briq, which offers financial forecasting for the construction industry, has reportedly netted $10m in its Series A round.
Hong Kong-based PayTech KPay closes $10m

Hong Kong-based PayTech KPay closes $10m

Hong Kong-headquartered PayTech startup KPay Merchant Service has raised $10m in a funding round.

Hapi unveils app to help parents provide nest egg for children

UK FinTech startup Hapi has launched a new app that is designed to aid parents in planning and investing for their children’s future.
Sustainability management solutions provider Optera has revealed that it has raised $12m, enabling the company to expand its carbon accounting solutions and services.

Carbon accounting startup Optera raises $12m

Sustainability management solutions provider Optera has revealed that it has raised $12m, enabling the company to expand its carbon accounting solutions and services.

JetClosing raises $20m in Series A financing

JetClosing, a provider of digital real estate title and settlement transaction solutions, has raised $20m in Series A funding.

Receeve said to raise €4m in funding

Digital debt servicing platform Receeve has reportedly collected €4m in a funding round from Mangrove Capital Partners and Speedinvest.

Lendeavor rebrands to Provide after the close of its latest funding round

Lendeavor, which offers finance options for healthcare practices, has rebranded to Provide and closed a $34m Series A and B round to support its growth.
House Numbers

House Numbers garners $3.75m to revolutionise home wealth management

House Numbers, an AI-empowered home wealth management platform, has announced its successful pre-seed funding round.

News Stories

Strong week in the FinTech sector with $1.7bn raised

FinTech Global this week reported on 21 recorded deals in the FinTech sector, with a strong showing in the reinsurance space bringing the total value recorded over $1bn.

EU regulator suggests revamp in sustainable investment rules

The ESMA has recently recommended a significant overhaul of the Sustainable Finance Disclosure Regulation (SFDR) within the EU.
MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

MNT-Halan expands into Turkey with acquisition of Tam Finans

MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

EU banks and insurers lag in green compliance, PwC study finds

A recent PwC study has uncovered a striking deficiency in the alignment of financial institutions’ activities with the EU's taxonomy for sustainable activities. According...
India

India’s new climate finance taxonomy to propel green transition

India is poised to implement a climate finance taxonomy, as announced by the Minister of Finance, Nirmala Sitharaman, during the annual budget.

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