FinTech News

Monzo discovers security flaw, asks some customers to change card numbers

Monzo, a UK-based challenger bank, has requested half a million of its customers change their card PIN, after identifying a security flaw.

Payflow said to close €2m in its seed round

Spanish FinTech company Payflow has reportedly added additional funding to its seed round, bringing the total to €2m.
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ING brings four startups and two internal ideas to accelerator

Dutch multinational bank ING is taking on four new external startups and two internal projects for its latest accelerator programme.
Comarch has been enlisted by P&V Group to bolster the company's digital insurance solutions as part of their continued collaboration.

P&V Group partners with Comarch for enhanced digital insurance solutions

Comarch has been enlisted by P&V Group to bolster the company's digital insurance solutions as part of their continued collaboration.
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Alpha Payments Cloud valued at $250m following new round

Payments-as-a-service platform Alpha Payments Cloud has raised a new round of funding from Australian private equity firm First Quay Capital. Read more: www.fintechroundup.com

Car InsurTech Marshmallow set to be latest British unicorn after reported new cash injection

Marshmallow Financial Services is soon to raise its latest fundraising round, bringing its valuation to $1.2bn, joining the ranks of other recent UK unicorns Starling Bank, Gousto and Zego.
Hakbah, a Saudi-based FinTech platform focusing on digital savings, has announced a new partnership with Tawuniya to revolutionise the savings experience for Saudi citizens.

Hakbah partners with Tawuniya to revolutionise the savings experience for Saudi citizens

Hakbah, a Saudi-based FinTech platform focusing on digital savings, has announced a new partnership with Tawuniya to revolutionise the savings experience for Saudi citizens.

Britive closes Series A after reaching 300% year-over-year growth

Cloud-native access management platform Britive has scored $10m in its Series A round, which comes after an impressive 300% year-over-year growth.

ComplyAdvantage, McKinsey execs bet on UK-based cybersecurity startup seedata.io in pre-seed round

Seedata.io, a London-based cybersecurity SaaS startup, raised £640,000 in a pre-seed funding round.

Yolt secures PSD2 license to deploy open banking across Europe

Open banking provider Yolt has received a PSD2 license from De Nederlandsche Bank (DNB), which will be the backbone for its expansion in Europe.

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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