Investors

Jungle Ventures sets sights on raising $150m for Fund III

World Bank investment arm IFC is aiming to help plug the Series A-plus funding gap in southeast Asia through a commitment to Jungle Ventures $150m-targeting third fund.
PickMyWork

PickMyWork lands $1m seed financing

PickMyWork, a startup that helps digital firms acquire end customers, has raised $1m from a seed funding round.

Insight Partners back software supply chain firm Cycode in Series B

Software supply chain security company Cycode has raised $56m from a Series B funding round.

Digital asset platform Finoa banks $22m in a Series A round

Berlin-based digital asset custody and financial services platform for institutional investors and corporations Finoa closed a $22m Series A funding round.

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.
fintech-news

AXA Strategic Ventures rebrands as AXA Venture Partners

AXA Strategic Ventures, the global venture capital firm, is rebranding and will be known as AXA Venture Partners.

Monzo founder backs Mast in ?1.2m funding round

Mast, a cloud-native mortgage origination platform, has raised ?1.2m in a funding round headed by Antler VC.

Crypto firm Cobo scores $40m Series B to develop DeFi platform

Singaporean FinTech firm Cobo has raised $40m from a Series B funding round to develop what it claims is the first ever DeFi-as-a-service platform.

Fraction Technologies raises $226.6m in new investment round

Canadian FinTech Fraction Technologies has closed a CAN$289m ($226.6m) funding round.

Turtlemint secures $25m of funding in Sequoia India-led round

Indian InsurTech Turtlemint has raised $25m in a funding round led by Sequoia India.The long-time FinTech investor was joined in the round by existing...

News Stories

Strong week in the FinTech sector with $1.7bn raised

FinTech Global this week reported on 21 recorded deals in the FinTech sector, with a strong showing in the reinsurance space bringing the total value recorded over $1bn.

EU regulator suggests revamp in sustainable investment rules

The ESMA has recently recommended a significant overhaul of the Sustainable Finance Disclosure Regulation (SFDR) within the EU.
MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

MNT-Halan expands into Turkey with acquisition of Tam Finans

MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

EU banks and insurers lag in green compliance, PwC study finds

A recent PwC study has uncovered a striking deficiency in the alignment of financial institutions’ activities with the EU's taxonomy for sustainable activities. According...
India

India’s new climate finance taxonomy to propel green transition

India is poised to implement a climate finance taxonomy, as announced by the Minister of Finance, Nirmala Sitharaman, during the annual budget.

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