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.
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 has secured $12m in its Series A funding round, which was led by Storm Ventures.
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.
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.
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.