FinTech News

PayMongo lands funding in Philippine take-over

Philippines-based FinTech PayMongo, which enables merchants to accept digital payments, has raised $31m in Series B funding as it looks to expand regionally.

Swedish RegTech Acuminor nabs fresh investment

Sweden-based Acuminor has picked up SEK 19m ($2m) in an investment round to help it push into new markets.

AlgoTrader nets $4.9m pre-Series B

AlgoTrader, an automated quantitative trading and trade execution platform, has picked up $4.9m in its pre-Series B funding round.

Accounting software developer Ageras records $34m investment

Ageras, which aims to resolve admin burdens for small businesses, has collected $34m (€30m) in fresh funding.

FBI establishes cryptocurrency unit

The FBI is setting up a cryptocurrency-focused unit that will look to work closely with the US Justice Department. The National Cryptocurrency Enforcement Team...

Due diligence platform Umazi lands $1m in pre-seed funding

Umazi, a due diligence platform that automates enterprise identity verification, has bagged $1m in investment.

Document processing tool 6Estates nets Series B+

6Estates, an AI-powered document processing solution, has reportedly raised $6.2m in its Series B+ funding round.

CISA creates tools and services list to aid cyber protection for firms

The US Cybersecurity and Infrastructure Security Agency (CISA) has compiled a list of free cybersecurity tools and services to help companies cut risk and boost resilience.

EdfaPay secures pre-seed for Saudi PayTech

Saudi-based FinTech EdfaPay has raised $1.6m in a pre-seed round led by Nuwa Capital InspireUs VC and Wallan Investment Group.

ALKEME expands reach with Insurance Online acquisition

Retail insurance platform ALKEME has acquired Insurance Online, a digital insurance comparison engine, providing real-time rates and insurance services.

News Stories

Slow week for FinTech, with just $350m raised across 10 deals

It was a slow week for FinTech deals, with just $350m raised across 10 deals.  This represented a significant drop from the previous weeks. A...
How Majesco made the transition to becoming an AI-first company

How Majesco made the transition to becoming an AI-first company

While hype around AI has intensified recently, it has been around for decades, albeit confined to more niche and specific technology branches that lacked...
Allianz UK simplifies digital trading for SME brokers

Allianz UK simplifies digital trading for SME brokers

Allianz UK, the insurance giant, has refreshed its Complete Business proposition for digital trading, aiming to make it quicker and more straightforward for brokers...
WBS extends Quai Digital deal with fractional dealing

WBS extends Quai Digital deal with fractional dealing

WBS, a UK-based provider of dealing, custody and technology solutions for the investment sector, has agreed a five-year extension to its partnership with Quai...
Cardless strengthens executive team for next growth phase

Cardless strengthens executive team for next growth phase

Cardless, an AI-powered financial services platform that enables brands to launch and manage co-branded card programmes, has appointed Mark Troianovski as chief business officer...

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