Funding Rounds

Momfo takes $14m for property financing platform

Momfo, a Shanghai-based property financing platform has raised ?95m ($14m) in a Series A round of funding led by Gobi Partners and Kaitai Capital.
fintech insurtech wealthtech regtech ai cybertech esg news

PayKey lands another $6m for its latest round of funding

Social media payment platform PayKey has reportedly picked up $6m for its Series B funding round.

CalypsoAI bags $13m in its Series A round led by Paladin Capital

CalypsoAI, a validation, security and monitoring software solution for AI technology, has bagged $13m in its Series A funding round.
Mylapay, Indian FinTech pioneer, secures $550k in seed funding

Mylapay, Indian FinTech pioneer, secures $550k in seed funding

Mylapay, a PayTech company based in India, recently announced a successful seed funding round.

Canadian InsurTech Foxquilt secures CAD $1.2m in seed round

Foxquilt, a big data solution for insurance firms, has secured CAD $1.2m ($915,500) in a seed round of funding.

InsurTech platform Sure pulls in $8m for Series A founding round

InsurTech startup Sure has received $8m for its Series A funding found, led by IA Capital.

Illumio bags $65m in Series E to support international growth

Cybersecurity company Illumio has raised $65m in its Series E round which was led by clients advised by J.P. Morgan Asset Management.
Maverick

DeFi infrastructure leader Maverick Protocol secures $9m in funding round

Maverick Protocol, a provider of DeFi infrastructure aiming to augment industry efficiency, has announced a fundraising endeavour.
NetSPI

NetSPI expands proactive security with strategic acquisition of Hubble

NetSPI has announced its acquisition of Hubble Technology, a company renowned for its CAASM and cybersecurity posture management solutions.
Majority

Majority bags $9.75m for migrant banking expansion at US-Mexico border

Majority, the American mobile banking service for migrants, has made strides in expanding its operations along the US-Mexico border.

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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