Funding Rounds

fintech-news

SecureKey lands C$27m to drive the future of digital ID

SecureKey Technologies, a Canadian provider of identity and authentication solutions, has landed C$27m ($20.56m) in growth capital.

Billogram picks up $1.18m for smoother invoicing

Swedish invoicing startup Billogram has raised $1.18m in a round of venture funding. The capital comes from Edstra Venture Capital and angel investors.

Sunlight Financial scores $130m for solar financing

Sunlight Financial has raised $130m for its residential solar systems financing platform. The investment comes from Tandem and Moven backer Route 66.
Funderbeam

Funderbeam secures $40m to shape future of venture markets

Angel investing and trading platform Funderbeam has secured $40m in an investment round led by Irish PE group VentureWave.

Sidekick Partners and Scribd founder back LemonEdge in $2.5m round

London-based FinTech startup that helps firms in the private equity and financial services industries digitise complex accounting LemonEdge landed $2.5m in new capital.

SellersFunding closes sizable Series A on $166.5m

SellersFunding has reportedly raised $166.5m in a sizable Series A round, which will bolster its international growth.

Algbra banks £3.75m to become ‘Nandos of FinTech’ and tackle financial exclusion

Algbra raised £3.75m in fundraising backed by SFC Capital, British Business Investments and New World Group in a bid to close the racialised wealth and social gap.

Virgin Money looks to aid firms’ ESG posture with new app launch

Virgin Money has introduced a new app focused on providing an assessment of a companies’ ESG impacts by measuring, tracking and offering guidance.
fintech-news

PropTech platform REX closes $15m Series B

US-based REX Real Estate Exchange has closed a $15m Series B funding round.
Power

Kenyan FinTech Power lands $3m seed funding

Power, a Kenya-based FinTech provider, has scored $3m in a seed funding round led by DOB Equity.

News Stories

Faye secures $31m in Series B funding to elevate travel insurance technology

Faye secures $31m in Series B funding to elevate travel insurance technology

Faye, the trailblazing travel platform, has successfully secured $31m in Series B funding, escalating its total capital to $49m.

Unpacking the major regulatory fines and decisions impacting Fintech in 2024

Q2 2024 marked a notable period in financial regulatory actions, with a significant increase in fines from $10.5 million in Q1 to $16.5 million.

How UK pension funds could become front-runners in climate investment

LCP has outlined proposals that could reshape the investment landscape for UK pensions, potentially unlocking $1.3tn in funds for climate-centric initiatives. According to Environmental...

SBTi aims for net-zero with new draft standard for financial institutions

The SBTi is advancing its efforts towards a sustainable future with the recent unveiling of its consultation on a new draft standard specifically for financial institutions.

Men more likely to fall victim to romance scams while women lose more

Barclays is alerting the public to an increase in romance scams this summer, as shown in their latest Scams Bulletin.

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