FinTech News

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.

Neighborhoods.com, an online brokerage platform for real estate, has received a ‘significant growth capital investment’ from Long Ridge Equity Partners.

Tidal Commerce, a payments processor, has collected $4m in strategic growth capital from Super G Capital.

MyMoneyMantra, which helps consumers in India access loan deals and credit cards, has raised a $15m investment.

Australians just got more banking options with 86 400 getting a licence to operate as an authorized deposit-taking institution in the country. In other words, it now has permission to operate as a bank in Oz.

Fifth Wall Ventures has raised twice the amount of its debut fund, after hitting a $503m final close of its sophomore vehicle.

Early-stage-focused Sierra Ventures has raised $215m for the final close of its oversubscribed Fund XII. Sierra was initially targeting $175m for its 12th fund, according...