FinTech News

Alternative asset investing app Rally Rd bags $7m Series A

Online alternative investments platform Rally Rd has netted $7m in its Series A led by Upfront Ventures.

Arrowroot targets $315m for its fourth flagship fund

B2B software-focused investor Arrowroot Capital Management is eyeing a massive size jump for its fourth flagship fundraise, less than a year after closing its predecessor vehicle.

Compass pulls in $400m in Series F round

Compass, a PropTech platform designed to ease buying and selling, has secured $400m in its Series F round.

Goals101 closes pre-Series A on $3.25m from Nexus

Data and analytics company Goals101 has closed a pre-Series A round on $3.5m from Nexus Venture Partners.

Opendoor picks up $400m investment from SoftBank

Opendoor, an online real estate marketplace, has raised a $400m investment from the SoftBank Vision Fund.Alongside the deployment of funds, the company announced it...

Santander’s digital bank OpenBank launches robo-advisor tool

Santander Group's digital bank OpenBank has launched its new robo-advisor tool to support consumers with micro-investments.

Flow Traders picks Corvil for OTR compliance

Flow Traders has deployed Corvil’s Intelligence Hub to streamline compliance with Order to Transaction Ratio (OTR) requirements.

Darktrace hits $1.65bn valuation following Series E

Darktrace, which uses machine learning and AI algorithms to provide cyber defense services, has closed its Series E round at a $1.65bn valuation.

LightPoint raises Series A from Citco and Ares

LightPoint Financial Technology, a trading and risk platform, has closed its Series A on an undisclosed amount.

Covr bags £10m in Series A

Digital life insurance platform Covr Financial Technologies has bagged $10m in its Series A funding.

News Stories

Heimdal

Heimdal and emt Distribution forge alliance to elevate cybersecurity in MENA

Heimdal and emt Distribution have linked to combine Heimdal's cybersecurity solutions with emt Distribution’s deep market expertise.
FinTech funding declines by 63% in Q2 2024 as average deal size increases

FinTech deals drop by two-thirds during Q2 as investors back fewer but larger deals

Key global FinTech investment stats in Q2 2024: Global FinTech deal activity reduced by two-thirds in Q2 2024 YoY Average deal size increased to...
Australian FinTech funding rises 4x in Q2 2024 despite drop in deal size

Australian FinTech market on the bounce back as funding increases over 4x in Q2...

Key Australian FinTech investment stats in Q2 2024: Australian FinTech funding in the second quarter increased by 4x compared to the opening quarter of...
Ushur, a leader in AI-powered Customer Experience Automation (CXA), has announced the launch of its new end-to-end solution designed specifically for insurance carriers offering group and worksite benefits.

Ushur enhances customer experience with new end-to-end solution for insurance carriers

Ushur, a leader in AI-powered Customer Experience Automation (CXA), has announced the launch of its new end-to-end solution designed specifically for insurance carriers offering group and worksite benefits.
UK leads CyberTech deal volume in Europe as funding grows in 2024

UK claimed top spot for CyberTech deal volume in Europe for H1 as investors...

European CyberTech investment stats in H1 2024: European CyberTech funding increased by 28% YoY UK emerged as the most active country for CyberTech deals...

120,000+ FinTech leaders get exclusive industry stories delivered every week

Download the free AIFinTech100 report

FREE

Download the AIFinTech100 report for 2024 with details on each solution