Bitcoin company NYDIG raises $50m
Cryptocurrency company NYDIG has bagged $50m in growth equity funding from investors including financial services companies in commercial banking, insurance, investment banking, and asset management.
Identity verification startup Onfido scores $100m in new funding as it’s vying further expansion
Biometrics specialist Onfido has strengthened its financial muscles by raising $100m in fresh capital to fuel further expansions and tech developments.
Swan said to close €5m seed funding round
France-based Swan, a banking-as-a-service provider, has reportedly raised €5m in its seed funding round.
CybSafe reels in £3.5m for cybersecurity offering
London-based cybersecurity software platform CybSafe has reeled in £3.5m ($4.6m) through its Series A funding round.
PayPal backs South Korean P2P app maker Viva Republic
Viva Republic has picked up $48m in Series C round that saw participation from PayPal. Viva Republic is the parent company of South Korean peer-to-peer payments app Toss.
Hometap taps into funding for home equity
Hometap, which provides a loan alternative for tapping into home equity without taking on debt, has closed its third institutional asset investment fund on $245m.
NEX Group founder Michael Spencer becomes major investor in Element Ventures new UK FinTech...
Element Ventures is the name of a new fund aimed at supporting the UK FinTech industry. Now it has been revealed that Michael Spencer, founder of the NEX Group, has invested ?25m into the new ?100m fund.
Qupital closes $15m Series A to support growth in China
Hong Kong-based SME trade financing platform Qupital has scored $15m in its Series A round.
CRED secures $806m valuation on the back of Series C raise
India-based FinTech CRED has secured $81m in a new Series C round and bought shares worth $1.2m from employees.
Mastercard backs HyperPay in $40m funding round
Saudi Arabian FinTech HyperPay has received funding from Mastercard following a strategic partnership between the two companies.