Funding Rounds

Shariah-compliant crowdfunding platform Ethis Global bags pre-Series A

Shariah-compliant crowdfunding platform Ethis Global has raised RM 6.8m ($1.6m) in its pre-Series A round.
Velo Labs secures $10m to bolster its Web3+ FinTech ecosystem

Velo Labs secures $10m to bolster its “Web3+” FinTech ecosystem

Velo Labs, a financial technology firm utilising blockchain technology to establish a compliance-first financial system, has secured $10m in its latest financing round.

NewStore collects $20m in a strategic investment

NewStore, an omnichannel platform for merchants, has collected $20m in a strategic investment.

Another Bulgarian payments startup closes funding this week

Bulgaria-based payments company Paynetics has closed a new €2.5m investment round.

ClearScore eyes team, product suite expansion following $200m investment

Personal finance and credit scoring platform ClearScore has secured a $200m investment from investment firm Invus Opportunities.

Mamo Pay said to secure $1.5m as it preps for launch

Mamo Pay, a digital payments app, has reportedly secured $1.5m in its seed round as it gears up for launch.

Kenya-based InsurTech Turaco secures $2m seed round to support growth in Africa

Turaco, which provides insurance policies to people across Africa, has reportedly closed a $2m seed funding round.

Elisity seeks to scale cybersecurity platform with $26m Series A raise

US cybersecurity platform Elisity has snared $26m from a Series A funding round to meet growing demand of its cloud-delivered cybersecurity platform.
Netevia secures $120m from WhiteHorse Capital to fuel payment solutions expansion

Netevia secures $120m from WhiteHorse Capital to fuel payment solutions expansion

Netevia, a FinTech leader known for its cutting-edge payment solutions, has successfully secured up to $120m in funding from WhiteHorse Capital, a renowned private investment firm.

Mexican FinTech company UnDosTres scores $30m round

Mexico-based payments platform UnDosTres has reportedly collected $30m in its Series B funding round, which was led by IDC Ventures.

News Stories

US takes the gold for FinTech deals this week - Here are this week's 36 deals

US takes the gold for FinTech deals this week – Here are this week’s...

It was a strong week for US-based FinTech companies, with 17 securing fresh capital this week.  Aside from the US dominating the week for deals,...
Deutsche Bank and BASF initiate pioneering ESG finance programme in Asia

Deutsche Bank and BASF initiate pioneering ESG finance programme in Asia

Deutsche Bank has unveiled BASF’s inaugural sustainability-linked payables finance programme in Asia, concentrating on its operations in China.
PureFacts secures major investment from GrowthCurve

PureFacts secures major investment from GrowthCurve

PureFacts Financial Solutions, a renowned provider of revenue management solutions tailored for the investment sector, recently announced a significant development.
Tuum and ComplyAdvantage join forces to enhance compliance and operational efficiency

Tuum and ComplyAdvantage join forces to enhance compliance and operational efficiency

Tuum is a next-generation core banking platform, has partnered with ComplyAdvantage, a financial crime intelligence platform that offers AI-driven risk data and fraud detection technology to a global client base.
Wisedocs bags $4.5m from CIBC to streamline insurance claim reviews with AI

Wisedocs bags $4.5m from CIBC to streamline insurance claim reviews with AI

Wisedocs, an innovative leader in the InsurTech sector, recently received a significant financial boost. CIBC Innovation Banking has extended $4.5m CAD in growth capital financing.

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