Funding Rounds

BlueMountain Capital makes follow-on investment in GLS

Auto finance provider Global Lending Services has received a follow-on equity investment from BlueMountain Capital Management.
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Texcent Asia picks up remittance license from MAS

Singapore-based payments company Texcent Asia has received a remittance license from Monetary Authority Singapore.

PropTech company Hostaway said to bag ?700k investment

Finland-based property management company Hostaway, has reportedly closed a ?700,000 investment from unnamed investors.

Colu closes its ICO on $19.1m after selling 239 million tokens

Payments network Colu has closed its ICO on $19.1m, after the sale of 239 million CLN tokens.
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Braviant Holdings nets $5m funding from Loom Capital

Lending analytics and technology company Braviant Holdings has netted $5m in funding from Loom Capital.
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SparkCognition secures $56.5m in Series B round

AI technology developer SparkCognition has secured $56.5m in its Series B funding round, which was raised over two parts.
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BlackCurve closes £500k Seed investment from Merica

Pricing management company BlackCurve has closed a £500,000 Seed investment from Merica Fund Managers.
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Ripple forms partnership with Saudi Arabian Monetary Authority to support cross-border payments

Blockchain-based payments solution Ripple has formed an agreement with Saudi Arabian Monetary Authority to support the use of xCurrent.
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Invoice Bazaar said to make undisclosed investment in ODeX

Dubai-based Invoice Bazaar has reportedly made an undisclosed investment in to online ODeX.
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Fincash closes $150k funding from angel investors

India-based Fincash.com has closed a INR 1 Crore ($150,000) funding round from a group of angel investors, as the company looks to expand to 500 cities by the end of the year, Fincash.com CEO Gaurav Perti told FinTech Global.

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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