FinTech News

MAJORITY boosts banking for migrants with Series A close

MAJORITY, a mobile banking app aimed at migrants to the US, has reportedly raised $27m in its Series A funding round.
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MoneyOnMobile closes second funding round this year

India-based mobile payments platform MoneyOnMobile has picked up a $5m investment from S7 Group.

Data infrastructure platform Vybe Network scores Series A

Data infrastructure solution Vybe Network has closed its Series A investment round on $10.5m.

IdentityMind teams with Acuant to offer additional identity services

IdentityMind to offer Acuant’s identity and document verification services through its platform as part of new partnership.

Silent Sector signs deal to provide cybersecurity for BeachFleischman’s clients

Phoenix-based cybersecurity firm Silent Sector has inked a deal with accountancy BeachFleischman PC to promote Silent Sector's products to its clients throughout Arizona and nationwide.

CapBay said to close Series A on $20m

Peer-to-peer financing platform CapBay has reportedly raised $20m in its Series A round, which was supported by Singapore-based venture firm KK Fund.

Interpol warns of cybercriminals using vaccine scams to defraud governments

Interpol has warned that organised crime groups are attempting to defraud governments by offering fake Covid-19 vaccine deals.
Erie Strategic Ventures, the venture capital arm of Erie Insurance, has revealed strategic investments in three cutting-edge portfolio companies: Wagmo, Roots Automation, and Trust & Will.

Erie Insurance’s corporate venture capital arm announces three new investments

Erie Strategic Ventures, the venture capital arm of Erie Insurance, has revealed strategic investments in three cutting-edge portfolio companies: Wagmo, Roots Automation, and Trust & Will.

Binance launches $1bn fund to back blockchain tech

Binance, one of the world's largest cryptocurrency exchanges, is launching a $1bn Social Impact Fund.

What do the European Supervisory Authorities see as the current risks in the financial...

The Joint Committee of the European Supervisory Authorities (ESAs) has released its latest report, highlighting risks of a no-deal Brexit and search for yield.

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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