fintech-news

EarlySalary raises $15.8m in Series B funding round

India-based EarlySalary has raised around $15.8m in a Series B funding round led by Eight Road Ventures.

Robinhood kept non-encrypted passwords in the company’s systems

Unicorn Robinhood, an investment and stock trading app, has revealed it was storing some of its user data in plaintext on internal systems.

Co-operators backs Geosapiens’ climate risk mission

Geosapiens, a Canadian company specialising in flood risk modelling and analysis, has closed its first round of financing with an investment from Co-operators.

Fondeadora said to close $14m Series A as it pushes to be a full-stack...

Fondeadora, a new challenger bank based in Mexico, has reportedly bagged $14m in its Series A to help with its goal of becoming a full-stack neobank.

Global Institutional Investments & Trading funding fails to weather the Covid-19 storm as it...

The global Institutional Investments & Trading sector recorded only $521.3m of funding in the first half of 2020 which is only 12.4% of the levels seen in H1 2019

Revolut partners with Médecins Sans Frontières to support communities affected by the coronavirus

Having already teamed up with the Trussell Trust foodbank network, UK challenger bank has added a partnership with Doctors Without Borders to help fight the COVID-19 pandemic.

LunarCRUSH secures funding to support growth of its cryptocurrency dashboard

LunarCRUSH, a social media analytics platform for cryptocurrencies, has reportedly closed a funding round on an undisclosed amount.
Puzzle

General Catalyst leads $15m Series A for Puzzle

Puzzle, a company developing smart accounting software with a real-time financial data platform, has scored $15m in a Series A raise.

CFPB to bolster data security amid calls for greater online privacy

The Consumer Financial Protection Bureau (CFPB) in the US is to strengthen data privacy and cybersecurity with new regulations.

Transcend closes seed round from Accel

Data privacy infrastructure company Transcend has closed a seed round from Accel, closing on an undisclosed amount.

News Stories

medius-strengthens-spend-management-offering-through-ai-powered-expensya-acquisition

Medius strengthens spend management offering through AI-powered Expensya acquisition

Medius, an eminent provider of accounts payable (AP) automation based in Stockholm, Paris and Tunis, has disclosed plans to acquire Expensya, an expense management software enterprise.
C6 Bank launches Brazil's first automatic carbon calculator

C6 Bank launches Brazil’s first automatic carbon calculator

C6 Bank, a progressive Brazilian financial institution, has taken a significant step towards sustainable banking by introducing the country's first automatic carbon footprint calculator product.
digital-trade-finance-platform-mitigram-bags-11m-eyeing-accelerated-growth

Digital trade finance platform Mitigram bags $11m, eyeing accelerated growth

Stockholm-based Mitigram, delineated as the pioneering force in the realm of digital platforms dedicated to global trade financing, has raised $11m in fresh funding.
Payrails scales FinOps with $14.4m funding led by EQT Ventures

Payrails scales FinOps with $14.4m funding led by EQT Ventures

Payrails, a Berlin-based FinTech firm providing a robust payment operating system for global platforms, announced today its successful fund-raising effort.
lendingstandard-accelerates-with-a-6-7m-boost-in-funding

LendingStandard accelerates with a $6.7m boost in funding

LendingStandard, a Kansas City-based startup, has secured $6.7m in a fresh funding round. 

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