Funding Rounds

Genesis gears up application development with $200m

Genesis, which builds applications for financial markets organisations, has raised $200m in funding.

Southeast Asia-focused SME lender Funding Societies scored $144m

Funding Societies, an SME lending platform aimed at Southeast Asia, has closed its oversubscribed Series C+ round on $144m.

Indian InsurTech HealthySure scores $1.2m

India-based InsurTech company HealthySure has reportedly raised $1.2m in its pre-Series A funding round.

JP Morgan enters the metaverse

JP Morgan has become the first bank to join the metaverse, opening a virtual room on Decentraland, a decentralised virtual world.

Flutterwave bolsters valuation to $3bn as it pockets $250m

African FinTech Flutterwave has secured $250m in funding as it looks to expand its activities in mergers and acquisitions and grow its customer base.

Passthrough raises $5m to simplify fund closing

Passthrough closed a $5m seed round, which the company said will help it provide fund workflow automation, simplifying fund closing.

Crypto unicorn CoinDCX teams with Solidus Labs

India first crypto unicorn CoinDCX formed a strategic compliance partnership with crypto-native risk monitoring platform Solidus Labs.

Iceland’s first challenger bank indó launches from stealth

Icelandic FinTech company indó has launched from stealth after the close of its seed round on $4.5m. This is the first challenger bank to emerge...

Qumata eyes expansion following $23m Series A

Qumata, a provider of a ML/AI underwriting solution, has raised $23m from a Series A extension round.

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.

News Stories

Compliance

Compliance without AI agents is a losing battle

Financial crime is not standing still. Criminal networks are exploiting increasingly sophisticated technology, transaction volumes keep climbing, and regulatory expectations are growing ever more...
video

What were the big WealthTech trends in H1 2026?

The first six months of 2026 were unpredictable, with major developments that have heavily impacted global markets. With the dynamic landscape, what were the...
Why AI could strip banks of their last advantage

Why AI could strip banks of their last advantage

For decades, banks built their wealth management business on knowing more than their clients. According to fincite, that advantage has already slipped away, and...

Why fragmented AML defences are losing to networked crime

The future of financial crime detection will hinge less on how well individual firms manage risk in isolation, and more on how effectively the...

Hawk bolsters leadership with new president and CRO

Hawk, an AI-powered anti-financial crime technology provider, has appointed Eli Chamoun as its new President & Chief Revenue Officer. The hire is intended to speed...

120,000+ FinTech leaders get exclusive industry stories delivered every week