Funding Rounds

Lendahand reaches ?1m target for its crowdfunding on Seedrs

Lendahand, which is a crowdfunding platform for impact investing, has hit the target ?1m of its own crowdfunding campaign.
Payday

Pan-African neobank Payday nets $3m seed

Payday, a pan-African neobank issuing global accounts to Africans, has scored $3m in a seed funding round headed by Moniepoint.

Progressa nets $84m in equity and loan funding round

Canada-based online lending platform Progressa has netted $84m in an equity and loan funding round.

Kreditech eyes international expansion after €20m investment

German online lender Kreditech is looking to scale globally after the close of a €20m equity financing round.
Data security platform Dasera nabs $12m in Series A round

Data security platform Dasera nabs $12m in Series A round

Data security platform Dasera has secured $12m in its Series A funding round, which was led by Storm Ventures.
BHI-lendbuzz-AI-based-fintech

AI-driven FinTech firm Lendbuzz secures $20m credit facility from BHI

BHI, a comprehensive commercial bank, recently bestowed a $20m credit facility upon Lendbuzz, an innovative AI-based FinTech firm based in Boston, Massachusetts.
Descope

CyberTech Descope pulls in $53m in seed funding round

Descope, a developer-first authentication and user management platform startup, has raised $53m in a seed funding raise.

Mobile banking provider Current picks up $220m, triples valuation to $2.2bn

Venture capital firm Andreessen Horowitz led a $220m investment in Current which tripled its valuation giving it the unicorn status.

Clydesdale Bank and Yorkshire Bank said to make £1.6bn offer for Virgin Money

Clydesdale Bank and Yorkshire Bank has reportedly made a £1.6bn offer for UK challenger bank Virgin Money.
MediConCen Limited, an InsurTech company specialising in automating insurance claims using AI, has raised $6.85m in a Series A funding round. 

Hong Kong InsurTech MediConCen secures $6.85m in latest funding round

MediConCen Limited, an InsurTech company specialising in automating insurance claims using AI, has raised $6.85m in a Series A funding round. 

News Stories

Salv’s new e-book explores why collaboration is key in the battle against APP fraud

Salv’s new e-book explores why collaboration is key in the battle against APP fraud

A new e-book, co-created by Salv, Thistle Initiatives, and We Fight Fraud, offers a deep dive into the mechanics of APP (Authorised Push Payment) fraud, providing readers with a view from the victim’s perspective.
Savr and Incore Invest partner up to revolutionize Nordic equities trading

Wealth.com secures $30m in Series A funding to enhance AI-driven estate planning

Wealth.com, a pioneer in AI-enhanced estate planning, has announced a significant financial milestone, successfully securing $30m in Series A funding. The round was spearheaded by...
Savr and Incore Invest partner up to revolutionize Nordic equities trading

Savr and Incore Invest partner up to revolutionize Nordic equities trading

Sweden-based FinTech firm Savr has recently bolstered its platform through a significant financial boost from Incore Invest, a European investment company renowned for backing...
Sage's Carbon Measurement API: Empowering banks to enhance green lending

Sage’s Carbon Measurement API: Empowering banks to enhance green lending

Sage, known for its comprehensive suite of services in accounting, financial management, HR, and payroll systems, has introduced a new Carbon Measurement API.
Thomson Reuters and SAP collaborate to simplify ESG reporting for global businesses

Thomson Reuters and SAP collaborate to simplify ESG reporting for global businesses

Thomson Reuters and SAP, a leader in enterprise application software, have announced a new product integration.

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