Funding Rounds

Singapore-headquartered FinTech Robocash is planning to list on the Australian Securities Exchange and is reportedly looking to raise $5m to launch a neobank in the Philippines.

Point, a new US-based challenger bank, has reportedly closed a $10.5m Series A round, coming ahead of the public launch of its services.

While the downfall of Wirecard may the big story in the FinTech industry, it would be a mistake to not take a closer look at the investment rounds announced in the sector over the past seven days.

UK challenger bank Starling Bank is reportedly looking to raise yet more funding this year, with the hopes to create more products for small and medium-sized businesses (SMEs).

Cloud management and governance platform HyperGrid and agentless discovery and application mapping company iQuate have joined together to create CloudSphere.

Dubai-based InsurTech platform Felix has reportedly collected $800,000 in its seed funding round, which was led by the Oman Technology Fund.

Banked, which support real-time payments, has reportedly secured $2.35m in a seed funding round led by Force Over Mass.

Canaree, a software platform allowing early stage businesses to understand and improve their future finances, is one of the companies to have been funded by the Future Fund.

FraudScope, an AI-powered solution capable of identifying fraud, has collected $7m in its Series A round.

Singaporean digital asset exchange ECXX Global has sold more than 18% of its shares to Hatten Land, the property developer.