FinTech News

NFT wallet Phantom bags $109m Series B

Phantom, which claims to be the fastest growing crypto wallet, has bagged $109m in its Series B funding round, which was led by Paradigm.

Crypto exchange FTX hits $32bn valuation after Series C

Cryptocurrency exchange platform FTX Trading has bagged $400m in its Series C funding round, which brings its valuation to $32bn.

Americans lost $770m from social media scams in 2021

Reports received by the Federal Trade Commission have found US citizens were scammed to the tune of $770m through social media cons during 2021.

How Ayoconnect intends to ‘bank the unbanked’ in Indonesia

Southeast Asian open finance platform Ayoconnect has closed a $15m Series B funding round led by Tiger Global.

Mastercard expands BNPL offering to Middle East

Mastercard has expanded Mastercard Installments, its Buy Now, Pay Later (BNPL) product, to consumers in the United Arab Emirates (UAE) and Saudi Arabia.

France-based Pretto closes Series B on €30m

France-based Pretto has closed its Series B round on €30m as it looks to continue its growth momentum.

Risk management software Supply Wisdom collects funding

Risk intelligence and risk actions platform Supply Wisdom has collected investment funding to scale across geographies.

Industry-first data risk intelligence NVISIONx closes seed

NVISIONx, which claims to be one an industry-first data risk intelligence platform, has raised $4.6m in seed funding.

Plum Life and London Underwriters join forces for life insurance

InsurTech Plum Life has entered into a distribution agreement with London Underwriters that will give the company’s 8,000 wholesale property and casualty agents access to Plum Life’s digital selling platform.

Nigerian startup Bamboo secures Series A

Nigerian startup Bamboo, which provides an investment platform, has raised $15m in Series A funding led by Greycroft and Tiger Global.

News Stories

Allianz debuts digital-first car insurer Slick Cover

Allianz UK has unveiled Slick Cover, a digital-first motor insurance brand aimed at giving British drivers greater choice. Slick Cover has been structured as a...
ANNA Money brings Admiral Business insurance in-app

ANNA Money brings Admiral Business insurance in-app

ANNA Money, the business account and tax admin platform for small firms, has joined forces with Admiral Business to embed insurance directly into its...
InSoil lands €120m Pollen Street facility for agri lending

InSoil lands €120m Pollen Street facility for agri lending

InSoil, a European climate finance firm that channels institutional money into regenerative agriculture, has landed a €120m senior secured credit facility from Pollen Street...
Taxwire lands $25m to automate global sales tax

Taxwire lands $25m to automate global sales tax

Taxwire, a sales tax platform and managed service that takes full ownership of a business's indirect tax obligations, has secured $25m in funding to...
Addi secures $85m Series D led by Citius and BTG Pactual

Addi secures $85m Series D led by Citius and BTG Pactual

Addi, a Colombian commerce and financial services platform, has closed an $85m Series D equity round in a deal that represents BTG Pactual's first...

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