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.
Cherry-launches-from-stealth-to-automate-accounting

Cherry launches from stealth to automate accounting

Cherry is a new FinTech startup launched out of stealth that aims to automate accounting and transaction processes.
Lounge

Insurance Lounge pulls in $15m in growth equity financing

InsurTech company Insurance Lounge has closed a round of growth equity financing of $15m to speed up its plans for expansion.

Mexican BNPL solution Kontempo closes $30m seed round

Mexico-based buy now, pay later platform Kontempo has closed its seed round on $30m, with a mixture of debt and equity.

Sustainability data platform ESG Book closes Series B

Sustainability data and technology company ESG Book has closed its Series B round on $25m, as it looks to respond to the growing demand of technology enabled ESG data solutions.

Auto loan refinancer Caribou joins unicorn club

Caribou, which helps consumers save money on auto loans, has joined the unicorn club after the close of an oversubscribed Series C round, which closed on $115m.

Lilt collects $55m in Series C round

Lilt, a global experience platform, has raised $55m in Series C funding, bringing the company’s total raised to $92.5m.

AutoFi lands $85m as it digitalises car buying

AutoFi, a commerce platform for digital automotive sales and financing, has raised $85m in funding, bringing its valuation to nearly $700m.

Tencent backs InsurTech Reask for nat cat modelling

InsurTech Reask, a science and technology company focusing on natural hazard modelling, has closed its seed funding round led by Tencent.

Crypto trading app TabTrader scores Series A funding

TabTrader, a mobile-based trading terminal for crypto exchanges, has scored $5.8m in its Series A funding round.

News Stories

LendingClub reveals the strain of seasonal expenses on US financial health

LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, and PYMNTS Intelligence have partnered to shed light on the financial challenges faced by US consumers.
Praxent

Robin Smith takes on Chief Revenue Officer role at Praxent

Praxent, a financial services digital consultancy, has expanded its leadership by ushering in Robin Smith as Chief Revenue Officer. Smith, an enthusiast of FinTech and...
ESMA

ESMA shifts focus: Navigating the digital and green transitions in 2024

The European Securities and Markets Authority (ESMA) has recently unveiled its work programme for 2024.
This week saw the FinTech sector flounder compared to seven days ago, as the space failed to meet the $1bn mark in deals completed.

FinTech sector drops this week with only 24 deals

This week saw the FinTech sector flounder compared to seven days ago, as the space failed to meet the $1bn mark in deals completed.
SEC

SEC reviews Scope 3 emissions in upcoming climate disclosure rules

The U.S. SEC has received feedback against the inclusion of Scope 3 emissions in their proposed climate disclosure rule.

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