Ascensus acquires Qualified Plans to support its retirement plan offerings

Ascensus, a technology solution developer for banks and asset managers, has acquired Qualified Plans LLC.

Application detection and response service RevealSecurity nets Series A

RevealSecurity, an application detection and response solution, has reportedly closed its Series A funding round on $23m.

Neobank Rewire raises $20m to ease cross-border banking for migrants

Israeli FinTech Rewire closed a $20m Series B funding round led by crowdfunding platform OurCrowd to expand its cross-border international banking service for migrant workers.

Ratings company KingsCrowd raises $1m in funding round

Ratings and analytics company KingsCrowd has raised $1m in a funding round on the Netcapital funding portal.
fintech-news

Facebook snaps up biometric ID verification startup Confirm

Facebook has purchased biometric ID verification startup Confirm, which specialises in remotely verifying IDs like drivers licenses.

Sandbox InsurTech Ventures backs Confianza’s seed round

Confianza, a provider of comprehensive data analytics and machine learning to insurance agents, brokers, and carriers throughout the US, has closed a seed funding round.

FinTech funding in the Baltics more than tripled in 2020 despite the pandemic

FinTech companies in the Baltics raised $175.3m across 45 deals last year.

18 FinTech funding rounds you missed last week

Despite coronavirus fears, the last week saw a number of FinTech companies raise money.
fintech-news

Penta raises €2.2m, sees PSD2 as a way to fix ‘broken banking’

German challenger bank Penta has closed a €2.2m Seed financing round, just a month after it launched in Germany.

Oxbury backs British farmers with additional £20m raise

Oxbury, an agricultural bank that lends to farmers, has raised £20m in funding following its £31m Series C funding round in March this year.

News Stories

medius-strengthens-spend-management-offering-through-ai-powered-expensya-acquisition

Medius strengthens spend management offering through AI-powered Expensya acquisition

Medius, an eminent provider of accounts payable (AP) automation based in Stockholm, Paris and Tunis, has disclosed plans to acquire Expensya, an expense management software enterprise.
C6 Bank launches Brazil's first automatic carbon calculator

C6 Bank launches Brazil’s first automatic carbon calculator

C6 Bank, a progressive Brazilian financial institution, has taken a significant step towards sustainable banking by introducing the country's first automatic carbon footprint calculator product.
digital-trade-finance-platform-mitigram-bags-11m-eyeing-accelerated-growth

Digital trade finance platform Mitigram bags $11m, eyeing accelerated growth

Stockholm-based Mitigram, delineated as the pioneering force in the realm of digital platforms dedicated to global trade financing, has raised $11m in fresh funding.
Payrails scales FinOps with $14.4m funding led by EQT Ventures

Payrails scales FinOps with $14.4m funding led by EQT Ventures

Payrails, a Berlin-based FinTech firm providing a robust payment operating system for global platforms, announced today its successful fund-raising effort.
lendingstandard-accelerates-with-a-6-7m-boost-in-funding

LendingStandard accelerates with a $6.7m boost in funding

LendingStandard, a Kansas City-based startup, has secured $6.7m in a fresh funding round. 

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