FinTech News

FinFit forms partnership with HR and payroll company Execupay

Financial wellness platform FinFit has teamed up with Execupay to support more employees.

Citi TTS releases new identity and account verification tool

Citi’s Treasury and Trade Solutions (TTS) has released a identity and account verification solution to improve give institutional clients improved onboarding.
Salad

FinTech Salad Money rakes in £40m debt facility

Salad Money, a social purpose FinTech, has scored £40m from a senior debt facility with a US-based credit fund.
Klarna and UATP forge strategic alliance to revolutionize payment options in the $1trn air travel sector

Klarna and UATP forge strategic alliance to revolutionize payment options in the $1trn air...

UATP, renowned for its robust global payment network that facilitates streamlined payment processes, has entered into a strategic alliance with Klarna, a leader in AI-driven global payments.

Cybersecurity platform EclecticIQ bags $20m in its Series C

Global threat intelligence, hunting and response technology developer EclecticIQ has scored €20m in its Series C round.

MAXEX pulls in $38m from Moore Asset

Residential mortgage loan exchange startup MAXEX has raised $38m in in a funding round led by Moore Asset Backed Fund.

The coronavirus represents a “return to chaos” that could benefit FinTech companies

COVID-19 has plunged financial markets into chaos, but the pandemic also represents both challenges and opportunities for FinTech companies as they adjust to a whole new reality.
Hellas Direct secures €30m in funding, paves the way for European expansion

Hellas Direct secures €30m in funding, paves the way for European expansion

Greek FinTech Hellas Direct, a pioneering force in the InsurTech industry, has successfully completed a funding round, securing €30m.

Spanish InsurTech startup Elma closes €3m Series A round led by Mangrove Capital Partners

Digital health InsurTech Elma has closed a €3m ($3.2M)Series A round to expand its offering in its native Spain.
akur8-bradesco-seguros-partner

Akur8 and Bradesco Seguros: A partnership revolutionising risk modelling in Brazil

Akur8, a leading provider of next-generation insurance pricing solutions powered by transparent machine learning, is joining forces with Bradesco Seguros, a company under the Bradesco Seguros Group umbrella, specialising in auto and property insurance.

News Stories

US-based CyberTech companies dominated this week's FinTech funding

US-based CyberTech companies dominated this week’s FinTech funding

it was a strong week for US-based CyberTech companies, accounting for eight of the total 26 FinTech deals covered this week.  In total, FinTech Global...
Realm.Security secures $5m in seed funding to streamline cybersecurity data management

Realm.Security secures $5m in seed funding to streamline cybersecurity data management

Realm.Security, a startup tailored for cybersecurity, has stepped out of stealth mode and announced a $5m seed investment spearheaded by Accomplice and Glasswing Ventures.
Fora Financial boosts liquidity with a record $126.9m asset-backed securitization

Fora Financial boosts liquidity with a record $126.9m asset-backed securitization

Fora Financial, a prominent FinTech company providing financial solutions to small and medium-sized businesses (SMBs), announced today the closure of its third and largest asset-backed securitization (ABS) valued at $126.9m.
Novatus Global bolsters RegTech prowess with $40m investment

Novatus Global bolsters RegTech prowess with $40m investment

Novatus Global, a London-based leader in regulatory technology, has announced a significant growth investment of $40m from Silversmith Capital Partners, a growth equity firm located in Boston.
Ledgebrook's innovative push in InsurTech garners $17m Series B funding

Ledgebrook’s innovative push in InsurTech garners $17m Series B funding

Ledgebrook, the rapidly growing InsurTech firm, has successfully closed a $17m Series B funding round.

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