FinTech News

GSR Ventures said to raise $400m for Fund VI

China-based investment firm GSR Ventures has reportedly closed its sixth flagship fund on $400m.

alpha 4 Ventures raises up to $10m for its debut fund

Latin America-focused venture capital fund alpha4 ventures has raised up to $10m for its maiden fund.

Outdated enterprise software is raising insurance premiums for consumers

Insurance companies need to improve their enterprise software or premiums will rise for consumers, according to Luther Systems co-founder & CEO Hossein Kakavand in a research interview with FinTech Global.

Travel Money Club picks Onfido to onboard users

Travel Money Club, a currency exchange platform, has bolstered its identity verification experience by partnering with Onfido.

Secure Code Warrior reels in $3.5m in Paladin-led round

Secure Code Warrior, a secure application development platform, has raised $3.5m in a funding round led by Paladin Capital Group.

UiPath raises $225m Series C, valuing it at $3bn

UiPath, a robotic process automation software developer, has raised $225m in its Series C, valuing the company at $3bn.

Jupiter Chain, Deloitte partner for data exchange in Southeast Asia

Singapore-based Jupiter Chain has formed a strategic collaboration with Deloitte to build a blockchain-based data exchanges for the Southeast Asian market.

Aflac increases investment fund’s capital pool to $250m

Aflac has increased the capital pool for its venture capital division to $250m.

Talus acquires fellow payments processor Prolific Business Solutions

Talus has acquired fellow payments processing company Prolific Business Solutions, for an undisclosed amount.

Setoo raises €8m in Series A led by Kamet

Setoo, an insurance and protection-as-a-service company, has raised €8m in its Series A round.

News Stories

Almost $1bn raised across all FinTech funding rounds this week

Up to $998m was raised across all the funding rounds reported on by FinTech Global this week, slightly missing out on hitting $1bn. The biggest...
How Theta Lake is revolutionising compliance search with unified search, discovery, and replay

How Theta Lake is revolutionising compliance search with unified search, discovery, and replay

Responding to governance events such as audits, investigations, and e-discovery has become increasingly complex with the adoption of unified communications and collaboration (UCC) technologies.
Pouch Insurance unleashes multilingual AI tool

Pouch Insurance unleashes multilingual AI tool

Pouch Insurance, leveraging the capabilities of the INSTANDA no-code insurance platform, has introduced a pioneering AI assistant named 'Goodie'.
Athena Secures AU$25m Series B to transform home ownership in Australia

Athena Secures AU$25m Series B to transform home ownership in Australia

Athena, a fintech company, has successfully secured AU$25m in a Series B funding round.
Lendistry secures $5m from City National Bank to empower underserved California entrepreneurs

Lendistry secures $5m from City National Bank to empower underserved California entrepreneurs

City National Bank, a major financial institution, has announced a strategic $5m impact investment in Lendistry, a minority-led fintech firm.

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