Funding Rounds

Accounts automation firm Stampli lands $50m to ease business payments

Accounts payable (AP) automation company Stampli landed $50m in a Series C funding round led by Insight Partners, bringing its total funding to more than $87m.

Zenmonics receives minority investment from Fidelity

Zenmonics, a software developer for financial institutions, has received a minority investment from Fidelity National Information Services (FIS).

Tamara secures $6m in new investment round as buy now pay later industry is...

Saudi Arabia-based startup Tamara has secured $6m of seed capital on the back of increased activity in the buy now pay later sector.
Composer raises $6m for automated investing platform

Composer raises $6m for automated investing platform

Composer Technologies, a US-focused automated investing platform, has closed a $6m investment.

Cloud9 nets $17.5m in new Series B funding round led by UBS

Cloud-based communications company Cloud9 Technologies has bagged $17.5m in a new investment round as it moves to meet the demand for flexibility for financial firms.

Uganda-based Numida said to close $2.3m in its seed round

Uganda-based FinTech platform Numida has reportedly scored $2.3m in its seed funding round, which will help it expand across West Africa.
API security firm, Escape, nets $3.9m in seed funding round

API security firm, Escape, nets $3.9m in seed funding round

Tristan Kalos and Antoine Carossio's venture, Escape, an API security company fresh from Y Combinator's 2023 cohort, has just closed its seed round on $3.9m. 

Become nets $10m in Series A led by Benson Oak Ventures

Become, an online lending platform for small and medium-sized businesses, has netted $10m in its Series A round.

Cyberbit closes $70m investment to support product enhancement

Cybersecurity training platform Cyberbit has received a $70m investment from Charlesbank Capital Partners.

Portuguese FinTech Goparity lands €1.2m

Goparity, an impact finance platform, has reached the target of €1.2m in an equity crowdfund, with the community still invited to become a shareholder.

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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