Funding Rounds

Scalable Capital offers new fixed-term deposits opportunities through Raisin deal

Digital wealth management company Scalable Capital will expand its product range with fixed-term deposits through new collaboration with Raisin.

London-based cybersecurity startup Red Sift raise $8.8m Series A round led by MMC Ventures

Red Sift, the cognitive data platform that provides cloud-based email security solutions, has closed a $8.8m Series A investment round

Background checking scaleup Checkr lands $2.2bn valuation following $160m funding round

Checkr, the company conducting background checks on gig economy workers, has just announced the closure of a $160m equity funding round.

The biggest challenges giving the RegTech sector a headache right now

From getting accurate data to responding to new regulatory challenges, there are plenty of opportunities and obstacles to overcome for RegTech innovators.

Tumelo score £1m investment from backers including Peter Gabriel

Tumelo, a transparency and engagement solution for investors, has scored £1m in its seed funding round.

FacePhi nets €4m in funding from Nice&Green to support Asian expansion

FacePhi, a facial recognition and mobile biometrics company, has netted €3.5m in equity funding and €500,000 in a capitalized loan from Nice&Green.

iPad POS solution TouchBistro raises CAD $158m in funding round

TouchBistro, an iPad POS and integrated payment solution for restaurants, has raised CAD $158m ($118.9m) in its Series E.

Petal secures a new $300m debt facility from Jefferies

Credit card startup Petal has received $300m in debt capital from global investment bank Jefferies, adding to a previous $30m facility last year.

Identification platform Alloy collects $12m in its Series A

Alloy, an identity verification service for financial services, has bagged $12m in its Series A round.

Deposit Solutions becomes Germany’s second most valuable FinTech unicorn after achieving a $1.1bn valuation

Deutsche Bank has bought a 4.9% stake in open banking startup Deposit Solutions for €50m ($55.2m), making it Germany’s second most valuable FinTech enterprise.

News Stories

Woodforest Acceptance Solutions partners with FreedomPay to revolutionise data-driven payments

Woodforest Acceptance Solutions partners with FreedomPay to revolutionise data-driven payments

Woodforest Acceptance Solutions, a renowned provider in payment processing solutions, has entered into a strategic partnership with FreedomPay, a globally recognised commerce platform.
Quarters and Nova Credit team up to support Canadian newcomers with unique home savings and credit solutions

Quarters and Nova Credit team up to support Canadian newcomers with unique home savings...

Quarters, a pioneering home savings rewards program, has partnered with Nova Credit, a leader in credit infrastructure and analytics.
Experian and Oakbrook launch innovative debt consolidation loans to boost financial inclusion

Experian and Oakbrook launch innovative debt consolidation loans to boost financial inclusion

Experian, a global leader in consumer credit reporting, has joined forces with Oakbrook, a prominent non-bank consumer lender, to provide innovative debt consolidation loans.

GiG chooses Paysafe as preferred payment provider for its expanding global reach

Paysafe, a global payments platform, and Gaming Innovation Group (GiG), a leading B2B iGaming technology company, have announced a strategic partnership.
We are thrilled to announce this relationship, which enables us to focus on advancing our platform to stay ahead of the market while working with IBM, a strong global innovator, to deliver our solutions to meet the needs of banks. With our core banking platform on IBM Cloud for Financial Services, we can help financial institutions enhance their operational resilience and system capacities. Our goal is to drive innovation and set new standards in the financial services industry.”

XYB partners with IBM to transform core banking systems globally

XYB, a leading provider of Coreless Banking Platforms, has entered into a strategic collaboration with IBM, the global technology giant. The partnership between XYB and...

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