Funding Rounds

Snowball Finance said to raise $120m in funding from Ant Financial

China-based Snowball Finance, an online investment platform, has reportedly received a $120m Series D investment.
The Woodlands Financial Group (TWFG), an insurance broker supported by reinsurer RenaissanceRe, has announced its intention to raise up to $176m through its upcoming Initial Public Offering (IPO).

Insurance broker TWFG targets $176m in IPO

The Woodlands Financial Group (TWFG), an insurance broker supported by reinsurer RenaissanceRe, has announced its intention to raise up to $176m through its upcoming Initial Public Offering (IPO).
Cybersecurity firm StepSecurity lands $3m to safeguard CI/CD environments

Cybersecurity firm StepSecurity lands $3m to safeguard CI/CD environments

StepSecurity, a cybersecurity firm specialising in CI/CD pipeline and infrastructure protection, has successfully closed a $3m seed funding round.

Eclypsium capitalises on 2,000% annual recurring revenue growth with the close of new round

Device security company Eclypsium has received $13m in an oversubscribed funding round, coming after a 2,000% increase to its annual recurring revenue.

VersaPay’s shareholders agree to sell the company to Great Hill Partners

FinTech VersaPay is one step closer to being acquired by 1233518 B.C., an affiliate of private equity firm Great Hill Partners, after shareholders voted...

Madison Dearborn Partners buys MoneyGram for $1.8bn

Chicago-based private equity firm Madison Dearborn Partners has acquired MoneyGram International, a digital P2P payments company, in a $1.8bn deal.

UK SME loan provider Allica Bank closes ?55m Series B

UK business challenger bank Allica Bank has secured ?55m in fresh funding, just seven months after closing ?110m in its Series B.

MANTL bags $8m in round led by Point72 Ventures

MANTL, an account opening software solution for banks and credit unions, has bagged $8m in its Series A round led by Point72 Ventures.

Proportunity raises £2m and becomes the latest startup to ride the European PropTech investment...

PropTech startup Proportunity has raised £2m in a seed round backed by FinTech investor Anthemis and Axel Springer Digital Ventures, the venture capital arm of European digital publisher Axel Springer.
Pyrpose secures $1.1m to fuel climate FinTech innovation

Pyrpose secures $1.1m to fuel climate FinTech innovation

Pyrpose, a pioneering climate FinTech platform geared towards climate finance, has reportedly announced its successful funding round.

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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