fintech insurtech wealthtech regtech ai cybertech esg news

Francisco-led consortium agrees $3.4bn deal to buy VeriFone

A consortium of investors led by Francisco Partners has agreed to acquire FinTech business VeriFone Systems for around $3.4bn.

TradeDepot raises $110m in debt and equity for B2B BNPL solution

TradeDepot, a B2B e-commerce and embedded finance platform in Africa, has scored $110m in a funding found comprised of debt and equity.

27 FinTech funding rounds from the last week that could show how a post-coronavirus...

From InsurTech startups to cybersecurity ventures, the past week has seen several FinTech firms find funding to help them grow despite the global pandemic.
fintech insurtech wealthtech regtech ai cybertech esg news

Santander Innoventures makes first investment into Brazil

Brazil-based Creditas has increased its Series C funding round to $55m, with Vostok Emerging Finance leading the round.

TA Associates powers P&C insurance growth in Europe

Private equity firm TA Associates has made strategic investments in Swiss health and property and casualty (P&C) insurance software provider Adcubum, and tech11, a...

UK challenger bank Monzo reportedly suffers down round which sees its valuation drop by...

UK challenger bank Monzo has reportedly suffered a down round, resulting in its valuation dropping down from $2bn to $1.24bn.
fintech insurtech wealthtech regtech ai cybertech esg news

Walmart is said to be nearing $12bn deal for majority stake in Flipkart

US retail corporation Walmart is reportedly nearing a $12bn deal to buy a majority stake in e-commerce marketplace Flipkart.

Herald lands funding as it powers innovative insurance

Herald, a digital infrastructure that connects software developers to commercial insurance carriers through a single API, announced today that it has raised $8m in a funding round led by Lightspeed Venture Partners.

InsurTech platform Oscar closes funding round on $225m

Online health insurance platform Oscar has closed a new funding round on $225m as it looks to

Flexport secures $100m in latest funding round

Flexport, a supply chain support company, has secured $100m in its latest funding round.

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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