FinTech News

Sharia-compliant Maliyya closes $1.3m seed round from Ground1

Maliyya, a Sharia compliant P2P financing and investing platform, has closed a $1.3m seed round from Ground1 Ventures.

Brazil-based Nubank closes $150m Series E

Brazil-based banking platform Nubank has collected $150m in its Series E round of funding.

UK savings app Bean launches after landing FCA approval

Bean, a UK-based comparison app which helps users find savings, has officially launched its service after receiving approval from the Financial Conduct Authority (FCA).

Tellius closes $7.4m Series A to expand AI-based analytics platform

Tellius, an AI-based business analytics platform, has closed a $7.4m Series A funding round, led by Veraz investments.

Havven closes ICO on $30m, in just over 90 minutes

Havven a decentralised payment network has closed its ICO on $30m, closing in just over 90 minutes.

Acima Credit collects £125m credit facility from Comvest

Acima Credit, a POS financing provider, has collected a £125m senior credit facility from Comvest Credit Partners.

Quovo expands to Canada, bags funding from Portag3

Financial data platform Quovo has bagged an undisclosed investment from Portag3 Ventures, alongside the company’s launch in Canada.
fintech-news

Softbank, Alibaba said to invest $445m in to Paytm Mall

Softbank and Alibaba have reportedly invested $445m in to Paytm Mall, the e-commerce division of Indian banking platform Paytm.
fintech-news

P2P lending platform Finzy nets $1.3m for the first round of its pre-Series A

India-based P2P lending platform Finzy has netted $1.3m in the first round of its pre-Series A funding round.
fintech-news

Gift card company Nift collects $16m Series A funding round

Gift card platform Nift has collected $16m in its Series A funding round from Spark Capital, Foundry Group and Accomplice.

News Stories

Akur8 and Heritage Insurance forge alliance to revolutionize insurance pricing

Akur8 and Heritage Insurance forge alliance to revolutionize insurance pricing

Heritage Insurance, a leading property and casualty insurance holding company based in Tampa, Florida, has teamed up with Akur8, known for its next-generation insurance pricing solutions powered by transparent machine learning.
PropEco raises £275k to revolutionize property risk management with climate focus

PropEco raises £275k to revolutionize property risk management with climate focus

PropEco, a Glasgow-based tech company, recently secured a seed investment of £275,000. The company is known for its advanced technology platform that evaluates the long-term value and viability of properties with an innovative approach.
Mylo partners with Fayr: Revolutionising insurance access for divorced parents

Mylo partners with Fayr: Revolutionising insurance access for divorced parents

Mylo, a leader in the InsurTech industry, and Fayr, an innovative mobile application aiding divorced parents, have formed a strategic partnership.
XTCC and Carbonmark forge new paths in carbon credit trading and transparency

XTCC and Carbonmark forge new paths in carbon credit trading and transparency

XTCC and Carbonmark have announced a strategic partnership aimed at democratising and scaling the carbon credit market.
compliance

Wordwatch report unveils legacy risks in compliance management

Research from Wordwatch has exposed significant vulnerabilities in the compliance archiving systems of regulated organisations in the UK.

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