FinTech News

soCash closes $6m Series B funding round led by Glory

Singapore-based soCash, the startup enabling consumers to withdraw cash and apply for loans via its mobile app, has raised a $6m Series B funding...

RGS to provide SMEs with cyber insurance following InsureCert deal

RGS (Royal Group Services) can now distribute cyber insurance policies to small and medium-sized businesses following new partnership with InsureCert.

Risk management company ARMCO bags investment from New Capital Partners

ARMCO, a risk management platform, has received an investment from private equity firm New Capital Partners.

Visa joins PayMate’s $25m Series D round as the Indian FinTech firm eyes international...

Mumbai-based PayMate, a business specializing in enabling businesses to automate and digitize their payments, is looking to raise $25m in its new Series D round and is now backed by Visa.

FX platform VertoFX said to raise $2m in seed round

VertoFX, a B2B foreign exchange and payment platform, has reportedly raised $2m in its seed round.

Beleaguered Metro Bank confirms talks about a potential sale of a loan portfolio

Challenger bank Metro Bank has confirmed that “discussions regarding the potential sale of a loan portfolio are taking place” in a stock market announcement.

MoneyLion secures $160m to drive US growth

MoneyLion, a mobile banking platform, has secured $160m in funding to support the expansion across the US.

A new platform called AFOX will tokenize media buying contracts

The Advertising Futures and Options Exchange (AFOX) platform has released new services which will enable media and advertising contracts to be tokenised.

Equifax to pay up to $700m to settle data breach

Equifax, a credit scoring company, will pay up to $700m to the US regulator as a result of a data breach in 2017.

‘Wild West’ days of cryptocurrency are ending as backlash meets Facebook’s Libra

As regulators begin to take a closer look at cryptocurrency exchanges and cryptos like Facebook's Libra, the days of old are ending.

News Stories

Over $3bn raised in this week's 29 FinTech funding rounds

Over $3bn raised in this week’s 29 FinTech funding rounds

Over $3bn was raised by FinTech companies this week, supercharged by a colossal €1.5bn raised by UK-based SumUp. 
Intellect Design Arena welcomes Rajesh Mehta to enhance transaction banking strategy

Intellect Design Arena welcomes Rajesh Mehta to enhance transaction banking strategy

Intellect Design Arena, a pioneering FinTech company known for its cloud-native, API-led microservices-based multi-product platforms, has appointed Rajesh Mehta to its Growth Advisory Board.
League data and Mambu revolutionize Canadian credit unions with new digital banking platform

League data and Mambu revolutionize Canadian credit unions with new digital banking platform

League Data and Mambu have embarked on a groundbreaking journey to transform the Canadian financial landscape by introducing advanced cloud banking solutions to credit unions.
Fingerprint and Oscilar unite to enhance fraud prevention in FinTech

Fingerprint and Oscilar unite to enhance fraud prevention in FinTech

Fingerprint, known as the world's most accurate device intelligence platform, is partnering with Oscilar, a leader in AI-driven risk and fraud management.
Open English and dLocal forge strategic partnership to revolutionise local payments in emerging markets

Open English and dLocal forge strategic partnership to revolutionise local payments in emerging markets

Open English, an online English-learning platform operating in over 30 countries, and dLocal, a leading cross-border payment platform specializing in high-growth markets, have recently announced a significant partnership.

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