Funding Rounds

Popup

Popup snares $3.5m in pre-seed round

Popup, a provider of an end-to-end ecommerce platform for merchants, has scored $3.5m in a pre-seed investment round.

Global remittance service Remitly receives funding from Visa

Global remittance service provider Remitly has collected an equity investment from Visa, which will help extend their partnership.

Truepic to help Jewelers Mutual with underwriting processes

US-based Jewelers Mutual Insurance has selected Truepic Vision to improve its underwriting processes.
fintech-news

Trunomi lands $3.5m ahead of GDPR deadline

Trunomi, a provider of customer consent and data rights management technology, has closed a $3.5m round of financing.
Magic

PayPal Ventures backs Magic with $52m for web3 revolution

Magic, a Wallet-as-a-Service (WaaS) provider, has recently successfully secured $52m in a strategic funding round.

Child-focused banking app gohenry closes $40m round

gohenry, a prepaid card that aims to help children build health financial habits, has collected $40m for its latest funding round.

Brazil-based Nexoos said to raise $530k pre-Series A

Brazil-based P2P SME lender Nexoos has reportedly raised around $530,00 in pre-Series A funding.

SecuredTouch closes Series A round on $8m

Israeli mobile security behavioural biometrics startup SecuredTouch has closed an $8m Series A round.

Pineapple said to close Series A after 200% growth in six months

South Africa-based InsurTech company Pineapple has reportedly netted $3.4m in its Series A funding round, after experiencing 200% growth in six months.

Wrapbook scores $3.6m in its seed round led by Equal Ventures

Wrapbook, which builds payroll, insurance and compliance technology, has bagged $3.6m in its seed round of funding.

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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