FinTech News

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FinTech: an industry built by men, for men?

The progress made in the gender equality fight is cause for celebration. But the FinTech industry must not be complacent, there is a long way to go.

SoFi scoops up $500m to expand into Canada and Australia

Lending disruptor SoFi has landed $500m in a new haul of funding led by private equity investor Silver Lake. Softbank and GPI Capital also participated in the Series F round.
Harnessing tech for climate: Insights into COP28's agenda

Harnessing tech for climate: Insights into COP28’s agenda

In the face of an escalating climate crisis, harnessing technology for emissions reduction has never been more urgent. This and other pivotal issues will be driving the agenda for the upcoming COP28. Get up to speed on the key topics being discussed.
Analysis has shown that 80% of Cobase’s existing client base falls within Alpha’s own target market, highlighting the strong potential for mutual value adds.

ING to sell 85% stake in FinTech subsidiary to Alpha Group

Global financial Institution ING is set to sell 85% of its FinTech subsidiary Cobase to to Alpha Group.

MotoRefi extends Series B with extra $5m capital raise

Auto refinancing company MotoRefi has raised an additional $5m in its extended Series B funding round.

By Miles raises £1m, a week after the launch in UK

By Miles, a pay-as-you-go car insurance platform, has netted £1m in funding, a week after its launch in the UK.

Tinkoff Investments launches open API for algorithmic traders

Tinkoff Investments, a brokerage platform, has launched an open application programming interface (API) for algorithmic traders to help them create robots and establish automated trading.

Insight helps data compliance startup OneTrust to $1.3bn valuation in huge Series A round

Data compliance startup OneTrust has hit a $1.3bn valuation thanks to a huge Series A investment round led by private equity house Insight Partners.

iptiQ and WiZink in bancassurance deal

Swiss Re’s digital B2B2C insurer iptiQ has partnered with digital bank WiZink to focus on the Spanish and Portuguese markets.
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Kid-friendly banking app Current picks up $3.6m

Mobile banking and payments platform Current has closed $3.6m in a seed funding round. Existing backers Expa and Human Ventures contributed along with Future Perfect Ventures.

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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