FinTech News

New research from Juniper Research, the FinTech and e-commerce analyzing agency, reveals that consumers may be swapping cash for digital payments more often in the future.

InCountry, a data-residency-as-a-service platform, has closed its Series A on $15m, just months after raising its seed round.

With the official Brexit date just months away, the British government has just launched a review to see how the country’s financial services can remain resilient after the UK leaves the EU.

Lexion, a contract management solution, has closed its seed round on $4.2m from Madrona Venture Group and Wilson Sonsini Goodrich & Rosati (WSGR).

Helsinki-based F-Secure has closed a major deal which will see it utilize its cyber-attack detection software Countercept to protect a big European enterprise.

Payworks, a POS solution developer, has been acquired by Visa which builds upon a strategic partnership and investment made by Visa last year.

Ethic, an asset management platform for sustainable investment portfolios, has collected $13m in its Series A round.

The final rules of the EU’s Revised Payment Service Directive (PSD2) snap into action in September. Now Kaleyra, an in-mobile messaging service for banks and companies, and Epiphany, a RegTech startup specializing in PSD2 compliance have joined forces to ensure financial services businesses can comply with the changes.

Secfi, which provides shareholders with equity planning tools to improve financial decisions, has bagged $6m in its Series A.

PropTech scaleup Tianjin Xiaowu Information Technology, which is also known as both Beike Zhaofang and Ke.com, has raised a massive $1.2bn capital injection from seven investors. The Series D round means it's valued at more than $10bn, making it a unicorn ten time over.