FinTech News

ARMD, an InsurTech leading the way in serving the UK's tradespeople market, has teamed up with Sparta Insurance Services, a prominent wholesale broker distribution platform, specialises in connecting insurance products with brokers across the UK.

Indonesia-based payment and invoicing solution Paper.id has reportedly raised $12m in its Series B funding round, which was led by Go-Ventures.

Swedish FinTech unicorn Klarna has bought Italian payment company Moneymour from its founders and minority investors.

illimity Bank and Fabrick have entered an agreement to the shared ownership of open banking platform HYPE Money.

The Green Finance Industry Taskforce (GFIT), convened by the Monetary Authority of Singapore, has published the second version of its green taxonomy for consultation.

FOMO Pay, a Singapore-headquartered major payment institution has raised $13m in Series A funding.

Robo-advisor Ignition wealth has raised Aus$1m ($762,000) in its first round of venture funding from financial planning expert Barry Lambert.

Procurify, dubbed as the foremost all-in-one spend management solution tailored for mid-market organisations, has successfully raised $50m in its recent Series C funding round.

HUB Security, a developer of confidential computing cybersecurity solutions and services, has announced a significant growth investment.

Caliza, a startup offering banks and FinTechs an API that lets their customers save and transact in US dollars, has launched in Brazil with $5.3 million in seed funding.