FinTech News

Siemens AG acquires digital transformation company Mendix in $730m deal

Mendix, a digital transformation company, has been acquired by Siemens AG in a deal worth $730m in cash.

Cloud Conformity closes Series A round on $2.8m

Cloud Conformity, a provider of public cloud infrastructure security and compliance monitoring solutions, has raised $2.8m in Series A funding.

ZED Network partners with IdentityMind Global for KYC/AML

Payments platform ZED Network has formed a strategic partnership with RegTech 100 company IdentityMind Global.
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Propstack said to close funding from group of angels

Real estate data platform Propstack has reportedly closed an undisclosed investment from a group of angel investors.
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Arro Money to use Onfido for ID verification and KYC checks

Arro Money, a provider of personal and business accounts, has partners with has partnered with RegTech 100 company Onfido to offer real-time ID verification and KYC checks.

The Foundry Group closes seventh fund on $750m

Early stage venture capital firm The Foundry Group has closed its seventh fund on $750m.

Wefox said to be in talks for 3-digit equity round

Wefox, an insurance comparison platform, is reportedly looking to raise a ‘triple-digit-million’ euro equity round.
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Finomial plans global expansion following investment

RegTech 100 company Finomial, a compliant client lifecycle management platform, has landed a strategic equity investment from Silver 8 Capital.
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iComplyICO raises investment from Uber founding member

iComplyICO, a compliance platform that automates securities regulation for ICOs, has landed more investment.
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Icertis collects $50m Series D round led by Meritech

Contract management company Icertis has collected $50m in its Series D funding round led by Meritech Capital Partners.

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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