FinTech News

SoftBank, Yahoo Japan, Paytm partner to launch QR-code mobile payments app

SoftBank and Yahoo Japan JV have partnered to build a new smartphone-based payments platform, set for an Autumn launch.

SWIFT launches pilot with 22 corporate and bank testers for its new service

The global payment innovation (gpi) initiative of SWIFT has launched the pilot testing of a new solution to bring real-time payment tracking to treasury applications.

C88 Financial Technologies closes $28m Series C led by Experian

C88 Financial Technologies has closed its Series C round on $28m, with Experian leading the investment.

TransferMate collects €21m to support global expansion

B2B payments company TransferMate has collected €21m in its latest line of financing to support its global expansion.

Micro-scholarship platform RaiseMe bags $15m Series B

Student financial support platform RaiseMe has received $15m in its Series B round, supporting the launch of its new platform later in the year.

CloudTrade secures £2m in seed round

E-invoicing and e-document processing company CloudTrade has secured £2m in its seed round of funding.

OpenInvest has received $10.4m in its Series A funding

OpenInvest, a digital investment advisor for socially responsible investing, has received $10.4m in its Series A funding led by QED Investors.

Fuel Capital looks to raise up to $75m for Fund III

Early-stage venture firm Fuel Capital is looking to raise up to $75m for its third fund, FinTech Global can reveal.

Black Dragon sells stake in Indus to Ebix for $29m

Private equity firm Black Dragon Capital has sold its share in Indus Software Technologies to Ebix, in a deal worth $29m.

Groundspeed Analytics raises $30m in Series B

Groundspeed Analytics, an AI and data science solution for the insurance sector, has raised $30m in its Series B round.

News Stories

New UK Bill eyes £1.6bn savings by toughening fraud controls

The UK government has announced the introduction of a new Bill aimed at aggressively curbing fraud within the social security system, expected to generate savings of £1.6bn over the next five years.

Scotiabank and Nova Credit enhance credit accessibility for Canada’s newcomers

Scotiabank is enhancing its support for newcomers to Canada through an expanded partnership with Nova Credit.

GCBC launches digital platform to empower EMDEs with climate finance

The Global Capacity Building Coalition, a pivotal player in climate finance, has introduced its latest innovation, the Digital Platform.

Rising relevance of ESG: 64% of asset owners shift focus to environmental impact

A significant shift in investment priorities has been noted among global asset owners, with environmental factors increasingly coming to the fore. According to ESG...

InDebted bags $60m to enhance debt collection with AI and machine learning

InDebted, an Australian-founded global FinTech, announced today the successful completion of a $60m Series C funding round.

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