AlgoTrader bags $3.8m funding round from tier one bank

AlgoTrader, an automated quantitative trading and trade execution platform, has bagged CHF 3.7m ($3.8m) in a round.
fintech-news

Fluidly bags £2m seed round led by Octopus Ventures

Cashflow optimisation platform Fluidly has closed a £2m seed investment led by Octopus Ventures.

Bowmark Capital takes London-listed Tax Systems private at £114m valuation

Mid-market UK buyout house Bowmark Capital has completed a take-private deal for AIM-listed Tax Systems which values the company at £114m.

UK-headquartered H4 closes $27m funding round

H4 which creates and analyses documents, has closed a $27m funding round from J.P. Morgan, Goldman Sachs, Barclays and Linklaters.
Onward-raises-$9.7m-to-support-co-parents-expenses-children

Onward raises $9.7m to support co-parents

Onward, a platform that helps co-parents track and manage shares expenses for their children, has raised $9.7m.

Global CyberTech investment cools off in Q2 as investors pause amid shifting cyber risks

CyberTech companies raised only $700m in the second quarter, a more that 60% decline from the first three months of 2020.

The African FinTech scene shows more signs of maturing as Nigeria gets a new...

Interswitch, the digital payments firm, has confirmed that it has reached a $1bn valuation after Visa, the payments company, invested in the enterprise. While it...

Online payment technology developer SYNQA closes $80m Series C

Thailand-based SYNQA, which designs online payment and blockchain technology, has raised $80m in its Series C round.
karambit-ai-collects-grant-to-help-protect-software-supply-chains

Karambit.AI collects grant to help protect software supply chains

Karambit.AI, which helps companies secure their software supply chains, has received a $75,000 grant from the Virginia Innovation Partnership Corporation (VIPC).

UBS and Wealthfront terminate merger

UBS and Wealthfront have mutually agreed to terminate their merger deal and instead, UBS has purchased a $69.7m note convertible into the WealthTech’s shares.

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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