Funding Rounds

DPDzero, a groundbreaking FinTech firm in India, has successfully concluded its latest funding endeavour. The company, which focuses on AI-powered collections and debt recovery solutions, raised an impressive $3.25m in a funding round.

Plaid Technologies, a software maker allowing FinTech businesses to access users data, has raised $44m in Series B round of funding.

Corvus Insurance has extended its Series C round by $15m, bringing the round’s total to $115m.

Coinfirm, a provider of blockchain AML/CTF and compliance solutions, has exceeded its goal for the pre-sale of its AMLT token.

Australian FinTech deal activity more than tripled last year to 205 transactions

Orum, which has built a financial infrastructure platform, has netted $56m in its Series B round, which was co-led by Accel and Canapi Ventures.

Netherlands-based automated payments company Payaut has reportedly closed yet another funding round this year, bagging €2.6m in seed capital.

Algomi, a software developer for the fixed-income market, has received an investment from Euroclear’s data and information business Euroclear Information Solutions (EIS).

Intercontinental Exchange, a global exchange operator, has revealed plans to launch a new digital asset exchange platform, Bakkt.

Brazilian digital life insurance provider Azos has raised $10m in a Series A funding round led by Prosus Ventures, a report by Coverager has revealed.