DeFi startup Ethena emerges from stealth with $6m funding

DeFi startup Ethena has successfully raised $6 million in a seed funding round, as it aims to revolutionize bond trading on the blockchain.

USA dominates this week’s 22 FinTech funding rounds

USA dominated this week's FinTech funding rounds, with 15 of the 22 rounds, totalling 

Cerby’s innovative access management gets a $17m boost in funding

Cerby, the California-based access management startup founded in 2020, has garnered significant attention in the financial sector.

Deduce nabs $9m investment to challenge AI-generated identity fraud

Deduce, the patented technology platform dedicated to curbing AI-generated identity fraud, has raised $9m in a recent funding round.

mBank launches €50m Eastern European FinTech fund

Polish bank mBank is launching a €50m FinTech investment fund to and accelerator to back startups across Central and Eastern Europe.

Aquiline eyes InsurTech after closing debut early-stage fund above target

Financial services-focused New York buyout house Aquiline Capital has beaten its target for its first fund dedicated to early and growth-stage dealmaking.

Redpoint Ventures holds final close of 7th fund on $400m

Redpoint Ventures has closed its seventh early-stage fund on $400m, raising the same total as its predecessor which closed in 2015.

AXIS Capital Holdings launches InsurTech-focused investment firm

AXIS Capital Holdings has launched a new InsurTech-focused investment firm AXIS Digital Ventures.

alpha 4 Ventures raises up to $10m for its debut fund

Latin America-focused venture capital fund alpha4 ventures has raised up to $10m for its maiden fund.

Chinese fintech backer Gaorong Capital collects $450m for new fund

Gaorong Capital, the Chinese early stage investment house which rebranded its UK name from Banyan Capital six months ago, has raised at least $450m for its fourth US dollar-denominated fund

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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