AXA Hong Kong to invest HK$200m into FinTech development
AXA Hong Kong has revealed plans to invest around HK$200m ($25m) into FinTech development this year, triple its commitment in 2017.
Brazil-based Nexoos said to raise $530k pre-Series A
Brazil-based P2P SME lender Nexoos has reportedly raised around $530,00 in pre-Series A funding.
BABB reaches the $1.5m target for its crowdfund, weeks after halving company valuation
BABB, a decentralised banking platform, has hit the £1.5m target for its crowdfunding campaign, with 19 days still left.
Wonga said to raise £10m to support paying off compensation claims
Payday lender Wonga has reportedly raised £10m in a new round of funding to help it fund compensation claims.
UP Group acquires 100% stake of employee benefits prepaid card givve
UP Group affiliate C.D Holding Internationale SAS has acquired 100 per cent of the shares in employee payments platform givve.
Namely secured $60m in funding, appoints Elisa Steele as CEO
Namely, a HR and payroll service provider, has secured $60m in funding and appointed former Jive Software CEO Elisa Steele as its new CEO.
Raisin UK, Starling partner to improve consumer savings
Online savings marketplace Raisin UK has formed a partnership with Starling Bank to improve customer experiences and access to better interest rates.
Edison Partners looking to raise up to $300m for ninth fund
Edison Partners is back fundraising for its ninth private equity fund in what could become its biggest-ever vehicle.
Financial health platform Brightside launches, alongside $4m seed round
Brightside, an employee financial health platform, has launched its services, alongside a $4m seed investment.
Berlin-based simplesurance bags $24m in Series C
Berlin-headquartered InsurTech platform simplesurance has bagged $24m in its Series C round.
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