Funding Rounds

Intesa Sanpaolo invests digital banking dev Thought Machine

Italian bank Intesa Sanpaolo has invested ?40m into UK-headquartered Thought Machine, a developer of cloud-native core banking infrastructure.

Real-time payment app Banked scores Series A

Banked, a global real-time payments network, has closed its Series A funding round on $20m.

Will Ferrell invests into Danish neobank Lunar

Danish neobank Lunar has welcomed American actor Will Ferrell as its latest investor.

Swiss Re backs digital insurer Klimber

Reinsurance giant Swiss Re has led a pre–Series A funding round for Latin America-based digital insurer Klimber.

South Africa-based Stitch scores $21m

Stitch, a South African API FinTech developer, has reportedly raised $21m in Series A funding round.

How Lightyear is lighting the way in European retail investing

A recent podcast between Currencycloud and the CEO of WealthTech Lightyear has detailed how the latter company is dealing with challenges in the European investing space.

InsurTech startup b atomic scores $1m for seed round

US-based InsurTech company b atomic has reportedly collected $1m in its seed funding round. The investment was backed by private equity firm Oak Tree Equity...

African Development Fund inks $14.2m grant to drive financial digitalisation

The African Development Fund (ADF) and the Malawian government have signed a grant agreement to make Malawi digital payment system more efficient and transparent.
India-based lending mobile app KreditBee bags $80m

India-based lending mobile app KreditBee bags $80m

India-based lending mobile app KreditBee has reportedly collected $80m as part of an ongoing Series D funding round.

The 50 hottest FinTech funding rounds last week

Already six weeks deep into 2022, the FinTech sector has already recorded strong investment and is showing no signs of slowing down.

News Stories

Theta Lake

Theta Lake’s ML playbook exposes RegTech’s AI pretenders

As "AI-washing" spreads across the compliance sector, Theta Lake is making the case that the difference between genuine AI-native platforms and superficial marketing claims...
AML

Why structuring remains AML’s hardest problem to spot

Large cash transactions are easy to spot. But a series of smaller transactions spread across days, branches or accounts can be far harder to...
Mbanq secures first institutional backing for $100m note programme

Mbanq lands first institutional backing for $100m note

Mbanq, a US-based banking infrastructure and embedded finance provider, has secured the first institutional investment into its $100m loan participation note programme, with a...
SFC

SC-SFC pact redraws cross-border fund access

The Securities Commission Malaysia (SC), the country's capital markets regulator, has agreed a Memorandum of Understanding with Hong Kong's Securities and Futures Commission (SFC)...
Marqeta taps zerohash to expand stablecoin card issuing

Marqeta taps zerohash to expand stablecoin card issuing

Marqeta has partnered with digital asset infrastructure provider zerohash to enable its customers to launch stablecoin-enabled card programmes, as demand grows for blockchain-based payment...

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