Investors

OwnBackup to expand market reach after snaring $240m in Series E round

US data protection solutions provider OwnBackup has secured $240m from a Series E funding round at a valuation of $3.35bn.

RBI publishes consultation on overseas investment liberalisation

The Reserve Bank of India (RBI) has introduced two consultation papers with an aim of liberalising the county’s overseas investment regulatory stance.

Upgrade sharpens horn following $105m Series E round

US FinTech Upgrade has bolstered its unicorn status by lifting its overall valuation to $3.3bn following a $105m Series E capital raise.

YC-backed crypto startup Mudrex notches $2.5m in seed round led by Nexus Venture Partners

India- and San Francisco-based crypto asset management platform Mudrex raised $2.5m in seed funding.

CoinDCX hits unicorn status after $90m round from Facebook co-founder’s B Capital

CoinDCX, an Indian cryptocurrency exchange, has become the country’s first crypto unicorn with a $90m Series C fundraise led by Facebook co-founder Eduardo Saverin’s B Capital.

PayTech giant Airwallex to expand ASEAN foothold following regulatory approval

Global payments platform Airwallex has been granted a Major Payment Institution License in Singapore by the Monetary Authority of Singapore (MAS) under the Payment Services Act.

FalconX bolsters unicorn status with $210m Series C

Cryptocurrency financial services platform FalconX has lifted its valuation to $3.75bn following a $210m capital raise in its Series C.

Gusto secures $175m in highly subscribed Series E

Employee benefits business Gusto has reeled in $175m from a Series E funding round led by T. Rowe Price Associates.

Brookfield reinsurance arm enters $5.1bn agreement to buy American National

Brookfield Asset Management’s reinsurance branch has agreed to acquire multi-product insurance company American National Group for $5.1bn in cash.

Israeli cybersecurity firm SIGA snares $8.1m in Series B round

Operational technology cybersecurity business SIGA OT Solutions has secured funding of $8.1m from a Series B capital raise.

News Stories

FinTech

Another strong week for FinTechs with 26 deals recorded

FinTech Global reported on another powerful week in the FinTech sector, with a total of $783m raised across 26 deals.   This top performing deal...
FutureMoney launches micro-investing app to help families secure financial future

FutureMoney launches micro-investing app to help families secure financial future

FutureMoney, a FinTech company founded by industry veterans, has launched a new micro-investing platform aimed at helping families build generational wealth.
Camwood and Pentaho team up to enhance data analytics capabilities

Camwood and Pentaho team up to enhance data analytics capabilities

Camwood, a leading IT consultancy specialising in digital evolution through the lens of applications, has partnered with Pentaho, a subsidiary of the Japanese multinational conglomerate Hitachi, to bring its data analytics platform to market via a new managed services offering.
Erste Bank Hungary introduces innovative flight delay insurance with Companjon

Erste Bank Hungary introduces innovative flight delay insurance with Companjon

Erste Bank Hungary has launched Flight Delay Insurance, a new service available to its customers in the George app.
Dwolla partners with Visa to enhance account verification in pay by bank

Dwolla partners with Visa to enhance account verification in pay by bank

Dwolla, a leading U.S.-based account-to-account (A2A) payment solution provider, has announced a strategic collaboration with Visa, a world leader in digital payments.

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