FinTech News

Taiwan’s XREX snaps up $17m in fresh funding to expand its fiat currency portfolio

Taiwanese blockchain TradeTech firm XREX has closed a $17m funding round led by investment firm CDIB Capital Group and several big-name investors.
RUSI

RUSI proposes cyberinsurance reforms for enhanced ransomware defence

The RUSI has assessed the nexus between cyberinsurance and ransomware, suggesting a more robust reporting system from victims.
FullCircl

FullCircl unveils W2 White Label Platform for enhanced customer onboarding

FullCircl, a pioneer in the FinTech sector, has unveiled its latest innovation – the W2 White Label Identity Verification Platform.

P2P lender Furongbao said to close Series B on $120.6m

China-based P2P lender Furongbao has reportedly closed its Series B round on $120.6m from an unnamed investor.

Plug and Play reveals the names of the eight startups selected for its sixth...

Plug and Play's European FinTech-focused accelerator has revealed the names of the eight startups selected for its sixth batch.

The 43 FinTech deals to watch this week

This week saw $1.86bn raised across 43 funding rounds, with two unicorns joining the industry, Indian neobank Open and Canadian FinTech Neo Financial. The US...
Cyber-risk-management-dev-KYND-names-new-board-chairman

Cyber risk management dev KYND names new board chairman

KYND, which offers a variety of cyber risk management products and services, has named Dave Moreau as its new chairman of the board.

Hometap closes doors on $100m funding round

Hometap, which enables homeowners to tap into their home equity without taking out a loan, has raised $100m in funding.

SEC fines Healthcare Services Group $6m over contingency reporting lapses

Healthcare Services Group agreed to pay $6m as part of a settlement with the Securities and Exchange Commission (SEC) for contingency reporting failures that led to accounting and disclosure violations.
NeuralMetrics

NeuralMetrics unveils Lessor’s risk data solution for efficient underwriting

NeuralMetrics, headquartered in Denver, has added Lessor’s Risk Only (LRO) capabilities to its risk-quality data platform.

News Stories

FinTech

Another strong week for FinTechs with 26 deals recorded

FinTech Global reported on another powerful week in the FinTech sector, with a total of $783m raised across 26 deals.   This top performing deal...
FutureMoney launches micro-investing app to help families secure financial future

FutureMoney launches micro-investing app to help families secure financial future

FutureMoney, a FinTech company founded by industry veterans, has launched a new micro-investing platform aimed at helping families build generational wealth.
Camwood and Pentaho team up to enhance data analytics capabilities

Camwood and Pentaho team up to enhance data analytics capabilities

Camwood, a leading IT consultancy specialising in digital evolution through the lens of applications, has partnered with Pentaho, a subsidiary of the Japanese multinational conglomerate Hitachi, to bring its data analytics platform to market via a new managed services offering.
Erste Bank Hungary introduces innovative flight delay insurance with Companjon

Erste Bank Hungary introduces innovative flight delay insurance with Companjon

Erste Bank Hungary has launched Flight Delay Insurance, a new service available to its customers in the George app.
Dwolla partners with Visa to enhance account verification in pay by bank

Dwolla partners with Visa to enhance account verification in pay by bank

Dwolla, a leading U.S.-based account-to-account (A2A) payment solution provider, has announced a strategic collaboration with Visa, a world leader in digital payments.

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