FinTech News

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SalaryFits picks up €1.25m to connect banks to payrolls

SalaryFit has raised €1.25m in its first round of funding from Portugal 2020. The company is headquartered in Brazil but is a part of London accelerator Level 39.
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Unilend swipes €2.5m for crowdlending platform

French crowdlending platform for SMEs Unilend has raised a €2.5m ($2.8m) in a new round of funding. The capital comes from NewAlpha Asset Management.
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ABAKA pockets seed funding for savings platform

Artificial intelligence-powered savings platform ABAKA has raised £520,000 in a seed funding round. Anthemis Exponential Ventures led the investment.
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ZestMoney nabs $6.5m for point-of-sale loans

Point of sale consumer lending startup ZestMoney has picked up $6.5m in Series A funding. The round was led by Indian online payments firm PayU.
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Square loses general counsel Dana Wagner

Square’s general counsel Dana Wagner is stepping down from his role at the end of September after five years at the payments firm.
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Delottie backs blockchain startup Setl

Blockchain financial services firm Setl has secured funding from professional services giant Deloitte. The size of the investment is undisclosed.
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Lemonade squeezes $33m more out of investors

Peer-to-peer insurance startup Lemonade has picked up $33m in a Series B round of funding according to an SEC Filing.
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Dream Payments swipes $1.5m for mobile card reader

Mobile payments platform for businesses Dream Payments has picked up $1.5m in a new round of funding led by Connecticut Innovations (CI).
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Billon picks up $2m for ledger-based banking services

Distributed ledger-based payments firm Billon has raised $2m in funding from a collection of unnamed UK investors.
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American Express backs IndiaLend’s $4m round

Delhi-based credit underwriting and analytics startup IndiaLends has attracted American Express’ venture arms for its $4m funding round.

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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