Funding Rounds

YieldStreet enters retirement space following WealthFlex acquisition

Wealth management platform YieldStreet has entered the individual retirement account (IRA) space following the acquisition of WealthFlex.

Lending platform SuperSim said to raise $5.6m in funding

Brazil-based SuperSim has reportedly netted $5.6m in a debt financing round, which will help more consumers in Latin America access funding.
Vouched

AI identify verification platform Vouched bags $6.3m

Vouched, an AI-driven identity verification firm, has scored $6.3m in funding from SpringRock Ventures and BHG VC.
Sentry Insurance, a leading mutual insurance group, has partnered with Falvey Insurance to offer admitted and non-admitted cargo capacity to Falvey’s broker partners.

Vanguard secures $1m funding to revolutionise maritime insurance underwriting

Maritime technology startup Vanguard has secured $1m in new funding to advance their automated insurance underwriting platform tailored for maritime operations.

Cambridge Blockchain lands $7m Series A

Cambridge Blockchain, a distributed digital identity system, has raised $7m in a Series A financing round.
fintech-news

Coins pockets $5m for blockchain-enabled mobile finance

Blockchain-enabled financial services platform Coins has scored a fresh $5m in funding. The investment comes from South African web giant Naspers’ investment division Naspers Ventures.

Australian business bank Zeller raises AUD $6.3m ahead of 2021 launch

New alternative business banking platform Zeller has reportedly raised AUD $6.3m in a funding round as it aims for a 2021 launch.

Winvesta said to close seed round to support growth of banking and investing app

Global banking and investing app Winvesta has reportedly closed its seed round as it looks to boost its hiring efforts and product development.
FinTech

Stable week for FinTech with 26 deals recorded

This week saw a relatively strong week for FinTech funding, with up to $963m in investment recorded by deals reported by FinTech Global.
Saporo

CyberTech Saporo locks in €4m seed funding

Swiss cybersecurity firm Saporo has landed €4m in a seed funding round headed by XAnge.

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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