PropTech startup FirstClose pulls in $35m

FirstClose has collected $35m in funding to bolster its data and workflow solution provider for mortgage and home equity lenders.

Latin American neobank Nubank more than doubles valuation to reach a colossal $25bn

Latin American challenger bank decacorn Nubank has reportedly more than doubled its valuation to reach an eye-watering $25bn.

Business lending, secure finance startup Divvy gets $250m Waterfall backing

Business lending and secure finances startup Divvy has sealed a $250m funding facility from Waterfall Asset Management to help it keep up with expected growth in 2019.

Payment platform Amaryllis lands Series B

Amaryllis Payment Solutions, which provides a payment facilitation platform, has raised $10m in Series B funding.

LeaseLock holds $52m close for its Series B round

LeaseLock, an InsurTech platform for real estate, has closed its Series B round on $52m to help it expand its lease insurance product offering.

Avinew pulls in $5m seed round as it prepares for a market launch

Avinew, an auto insurance platform for autonomous and semi-autonomous vehicles, has raised $5m in seed funding.

Alloy scores ?2.6m in pre-seed funding

Alloy, a decentralised finance platform for institutional investors, has closed its pre-seed funding round on ?2.6m.
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Gatecoin secures £500,000 to relaunch from bitcoin hack

Hong Kong-based regulated cryptocurrency trading platform Gatecoin is attempting to bounce back from a crippling hack with a $500,000 investment from an unnamed Japanese investment group.

Symend extends its Series B round with a fresh $43m investment

Symend, which leverages behavioural science to encourage customers to resolve past due bills, has netted an additional $43m in Series B funding.

Cybersecurity platform Axonius secures $13m in Series A

Axonius, a cybersecurity asset management company, has secured $13m in its Series A round led by Bessemer Venture Partners.

News Stories

LendingClub reveals the strain of seasonal expenses on US financial health

LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, and PYMNTS Intelligence have partnered to shed light on the financial challenges faced by US consumers.

Robin Smith takes on Chief Revenue Officer role at Praxent

Praxent, a financial services digital consultancy, has expanded its leadership by ushering in Robin Smith as Chief Revenue Officer. Smith, an enthusiast of FinTech and...

ESMA shifts focus: Navigating the digital and green transitions in 2024

The European Securities and Markets Authority (ESMA) has recently unveiled its work programme for 2024.
This week saw the FinTech sector flounder compared to seven days ago, as the space failed to meet the $1bn mark in deals completed.

FinTech sector drops this week with only 24 deals

This week saw the FinTech sector flounder compared to seven days ago, as the space failed to meet the $1bn mark in deals completed.

SEC reviews Scope 3 emissions in upcoming climate disclosure rules

The U.S. SEC has received feedback against the inclusion of Scope 3 emissions in their proposed climate disclosure rule.

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