FinTech News

Singapore and UK authorities team up to conquer cybersecurity

The Monetary Authority of Singapore (MAS), the Bank of England and the Financial Conduct Authority (FCA) have agreed to work together to boost cybersecurity in their financial sectors.

Reserve Bank of India fines HDFC INR 10m for KYC/AML fines

The Reserve Bank of India (RBI) has deployed an INR 10 million ($143,570) fine on HDFC Bank for failing to meet KYC and AML compliance and the reporting of frauds.

FCA reveals results of its investigation into defined benefit scheme transfers

The UK’s Financial Conduct Authority (FCA) has released the results of the data it received from firms carrying out Defined Benefit (DB) transfers and has revealed its next steps in its supervisory work.

FinTech backer Polaris Partners picks fund size consistency with Fund IX launch

Polaris Partners, a buyout firm which has backed promising fintech startups in recent years, has launched its ninth flagship vehicle.

Face, object recognition developer AnyVision gets $74m Series A financing

Computer vision developer AnyVision, whose recognition software is being used by businesses ranging from banks to sports stadiums, has secured a $74m Series A funding round.

Personal finance app Tally collects $50m in Series C

Personal finance platform Tally has collected $50m in a Series C round, bringing its total equity raised to $92m.

Public Pension Capital and FiveW Capital sell Viteos for $330m

Public Pension Capital and FiveW Capital have sold their alternative asset manager-focused FinTech company Viteos to trade-buyer Intertrust for $330m. Viteos provides tech-based middle and...

Target Global leads $42m round for Zego

European venture capital firm Target Global has led a $42m Series B funding round for London-based InsurTech Zego. This latest round brings the company's total raised...

EQT Ventures hails open banking opportunity amid latest Token investment round

Open banking platform Token has scored a new round of funding from investors including EQT Ventures and banking giant BNP Paribas.

Sequoia, Ribbit Capital among backers for $75m Razorpay Series C

Indian online payments startup Razorpay has picked up a $75m Series C investment round from investors including Ribbit Capital and Sequoia Capital.

News Stories

Fabrick and TerraPay forge new paths in cross-border payments across Europe

Fabrick and TerraPay forge new paths in cross-border payments across Europe

Fabrick, a pioneer in Open Finance and Banking-as-a-Service, has entered into a strategic partnership with TerraPay, a leader in global money movement.
Quartr gains $6m from Altos Ventures to enhance global market research tools

Quartr gains $6m from Altos Ventures to enhance global market research tools

Quartr, a prominent software and data provider, today announced the closing of a $6 million investment from Altos Ventures.
Facet raises $35m in new funding to enhance financial planning services

Facet raises $35m in new funding to enhance financial planning services

Facet, the FinTech company known for revolutionizing financial planning, announced today that it has successfully raised an additional $35m in funding.
JCB and Nuvei amplify APAC presence with expanded payment partnership

JCB and Nuvei amplify APAC presence with expanded payment partnership

JCB International, the sole international payment brand from Japan, and Nuvei, a prominent Canadian FinTech company, are taking significant steps forward in the Asia-Pacific (APAC) region.
Round Treasury raises €1.9m in pre-seed round

Round Treasury raises €1.9m in pre-seed round

Round Treasury, a versatile all-in-one banking and treasury platform, has recently closed a €1.9m pre-seed funding round.

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