FinTech News

Payment solution Affirm has closed a $200m Series E round of funding led by GIC.

Remofirst, a company which provides services to help companies build remote teams, has raised $14.1m in seed funding.

Cryptocurrency brokerage Genesis reportedly owes creditors over $3bn, which is prompting its owner, Digital Currency Group (DCG), to sell assets in its venture portfolio to raise money.

As the world marches towards modernisation, industries across the board are facing the pressing question of how to adapt and stay relevant in an increasingly digital landscape. This shift is particularly pronounced in the insurance sector, where the demand for greater diversification of products and services is reshaping traditional business models. One of the key dilemmas facing insurers today is whether to invest heavily in transforming into full-fledged IT organisations or to concentrate solely on their core competency of crafting insurance products.

Teamworthy Ventures is out targeting up to $80m for its first fund since rebranding from Haystack Partners in the summer.

It has been announced that Neem, an innovative Pakistani FinTech startup, has entered into a strategic partnership with DNI Group.

RegTech solutions provider X1 has closed a $5.1m funding round led by Palisades Growth Capital, the private equity firm.

LoanTap Financial Technologies has reportedly picked up $4m for its Series B funding round.

Commerce protection provider Signifyd has teamed up with Adobe to improve access to fraud and abuse protection services.

After partnering up with TSB Bank earlier this year, Jumio is now announcing its latest identity-verification tool.