Funding Rounds

HYPR Series C funding

Passwordless company HYPR secures $35m Series C funding round

HYPR, the passwordless company, has announced the successful raising of $35m in a Series C financing round.
Sixfold, the company empowering underwriters with a generative AI solution for end-to-end risk analysis, has announced a successful $15m Series A funding round.

Sixfold raises $15m to enhance AI-driven underwriting technology

Sixfold, the company empowering underwriters with a generative AI solution for end-to-end risk analysis, has announced a successful $15m Series A funding round.
Vegapay

Vegapay raises $5.5m to boost card management platform and lending tech

Gurgaon-based fintech startup, Vegapay, has successfully raised $5.5m in seed funding, according to FinSMEs.
Richmond National, a specialty excess and surplus lines insurance company, has announced the successful closure of an oversubscribed equity capital raise.

Richmond National secures $55m in equity capital from major investors

Richmond National, a specialty excess and surplus lines insurance company, has announced the successful closure of an oversubscribed equity capital raise.
Prósperos $3m seed round

Financial platform Prósperos raises $3m to transform Latino banking

Prósperos, a company focused on delivering a powerful financial platform for the Spanish-speaking Western hemisphere, has raised $3m.
Authentic Insurance, a New York-based InsurTech startup, has successfully raised $11m in a Series A funding round.

New York-based InsurTech Authentic Insurance secures $11m in Series A funding

Authentic Insurance, a New York-based InsurTech startup, has successfully raised $11m in a Series A funding round.
BankTech Ventures fuels community banks with strategic investments in Equabli, Filejet, and Monit

BankTech Ventures fuels community banks with strategic investments in Equabli, Filejet, and Monit

BankTech Ventures, a strategic investment fund redefining the landscape of community banking through innovative investments, has announced its recent investments in three bank-enabling technology...
FinTech firm re:cap secures $14.6m Series A funding led by Entrée Capital

FinTech firm re:cap secures $14.6m Series A funding led by Entrée Capital

The round was led by Entrée Capital, with participation from existing investors Felix Capital and Project A.
WealthOS closes £4m seed round with Barclays and Main Set as key investors

WealthOS closes £4m seed round with Barclays and Main Set as key investors

WealthOS, the cloud-native wealth management infrastructure platform provider, has announced the successful closure of its seed round, raising £4m.
FinTech funding slowed throughout this week's funding rounds as only $332.65m was raised, despite a solid 21 deals being completed. 

FinTech funding slows with $332.65m raised this week

FinTech funding slowed throughout this week's funding rounds as only $332.65m was raised, despite a solid 21 deals being completed. 

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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