FinTech News

KKR leads $100m funding round for FinTech-focused Cross River Bank

KKR has led a $100m funding round in FinTech-focused Cross River Bank, committing $75m primarily from its Private Credit Opportunities Partners II vehicle. KKR was joined in the...

Apis makes $198m offer for all outstanding shares of Veritone

Apis Capital Management has submitted an all-cash offer to Veritone’s board of directors to acquire all outstanding shares, in a deal worth around $198m.

Ant Financial co-leads RMB1bn round for Chinese logistics, FinTech provider Keking

Alibaba's Ant Financial has co-led an RMB1bn ($144m) Series C financing round for Chinese logistics and FinTech business Keking.

Infosys inaugurates its Hartford Hub

Digital services and consulting company Infosys has inaugurated its Technology and Innovation Hub in Hartford, Connecticut.

Lloyd’s of London searches for second accelerator cohort

Lloyd’s of London has begun the global search for the second cohort to its InsurTech accelerator programme.

Hentsū completes funding from NEXT Ventures led round

Cloud-based online support solution for hedge funds and asset managers Hentsū has closed an undisclosed funding round.

Snowflake Computing closes $450m growth funding

Snowflake Computing has closed a $450m growth funding round which was led by Sequoia Capital.

Token, Almoayed partner to support Open Banking in MENA

Open banking platform provider Token has partnered with Almoayed Technologies to bring open banking to the MENA region.

Carlyle buys majority stake in Sedgwick in $6.7bn deal

Carlyle has picked up a majority stake in tech-enabled insurance claims business Sedgwick in a deal with KKR valued at approximately $6.7bn.

FirstClose picks up ‘multi-million-dollar’ funding from Cypress Growth

FirstClose, a mortgage lending support platform, has picked up an investment from Cypress Growth Capital.

News Stories

BOCHK adopts Worldline's Paysuite to revolutionise payment systems in Hong Kong

BOCHK adopts Worldline’s Paysuite to revolutionise payment systems in Hong Kong

Worldline, a frontrunner in global payment services, has teamed up with the Bank of China (Hong Kong), marking Worldline’s debut deployment of its Paysuite Essential Edition, formerly known as Cardlite, in Hong Kong.

VCI Global accelerates AI cloud expansion with $30m from Alumni Capital

VCI Global, a Nasdaq-listed leader in AI cloud computing solutions, has secured a substantial $30m investment from Alumni Capital LP. This marks a significant reinforcement...
Xmore AI secures investment from reAlpha AI Labs to enhance cybersecurity solutions

Xmore AI secures investment from reAlpha AI Labs to enhance cybersecurity solutions

reAlpha Tech Corp, a trailblazer in real estate technology, has announced a strategic investment in Xmore AI.
Daba Wins $50k at Ecobank FinTech Challenge

Daba Wins $50k at Ecobank FinTech Challenge

In a significant achievement for African FinTech, Daba has clinched first place at the 2024 Ecobank FinTech Challenge.
AMLYZE garners €2.35m in seed funding to combat financial crime

AMLYZE garners €2.35m in seed funding to combat financial crime

AMLYZE, a leading RegTech company, has successfully closed a €2.35m seed funding round.

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