Affirm’s stocks soar on first day of trading and pave way for massive growth...

Affirm began trading on the Nasdaq on Wednesday with its shares jumping by more than 100% in the first day, laying the groundwork for huge growth in the buy now pay later space.

Valar Ventures moves past halfway mark for latest co-investment fund

US-based venture capital firm Valar Ventures has raised up to $11.6m for its sixth co-investment fund, so far.

CreditEase FinTech fund unveils three new US investments

The fund counts more than $1bn in total committed capital and aims to back growth-stage companies in China as well as global markets.
Perygee

Perygee lands $4.75m in seed financing raise

Perygee, a company providing a lightweight and complete security platform for IoT and OT, has raised $4.75m from a seed investment round.

Vulnerability remediator Vicarius lands $24m Series A

Vulnerability remediation platform Vicarius has scored $24m from a Series A financing raise led by AllegisCyber Capital, JVP and AlleyCorp.

Plum bags $15.6m from Tiger Global to build insurance products for SMEs

Bengaluru-based digital insurance startup Plum raised $15.6m in its Series A funding round led by Tiger Global.

ForgeRock bags $93.5m in new Series E round and becomes latest digital identity startup...

Digital identity verification company ForgeRock has closed a $93.5m Series E round at a time when the sector is poised for massive growth.

MetaProp holds $40m close for second PropTech-focused venture fund

PropTech-focused venture capital firm MetaProp has closed its second vehicle on $40m, making it more than 50 percent oversubscribed.
banco

Singaporean FinTech banco rakes in $6.7m Series A

Singapore-based FinTech banco has raised $6.7m in a Series A funding round led by SBI Group.

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.

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.
Praxent

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

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

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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