FinTech News

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FinTech services startup figo takes €6.8m

German fintech services company figo has raised €6.8m in a Series B round of funding. Investment for the Hamburg-based startup comes from DB1 Ventures.
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PayU brings on former PayPal senior director as CCO

Payment services provider PayU is bringing on former PayPal senior director Matthias Setzer as global chief commercial officer. He joins the firm having spent 12 years at PayPal.
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Cashboard lands €3m for wealth management platform

German wealth management startup Cashboard has raised €3m in a Series A round led by Digital Space Ventures. Investment also came from existing backers.
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Information Venture Partners closes second FinTech fund at $106m

Early-stage FinTech venture firm Information Venture Partners has raised $106m in for its second fund, exceeding its $100m target.

Klarna picks up team and tech of bankrupt Cookies

Swedish payments processor Klarna is acquiring the technology and team behind bankrupt peer-to-peer payments app Cookies. No price is disclosed on the deal.
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iTouzi grabs $36m for peer-to-corporation lending

Beijing-based peer-to-peer business lender iTouzi has scored $36m in a Series B round of funding. The capital comes from Sino Fortune and individual investor is Sun Jiexiao.

PayKey unlocks $6m to bring P2P payments to messaging

Peer-to-peer payments service PayKey has raised $6m in a Series A round of funding co-led by e.ventures and Gaby Salem of Wharton Asset Management.
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Aye Finance picks up $10.3m to expand small business lending

Small business lender Aye Finance has raised $10.3m in a Series B round led by LGT IV. Existing backers SAIF Partners and Accion also contributed to the round.
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True Link pulls in $3.6m for retirees financial advice

Digital financial services provider aimed at retirees True Link Financial has raised $3.6m in a new round of funding.
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WeSwap picks up £2.4m in crowdfunding campaign

Currency exchange platform WeSwap has picked up £2.4m in an equity crowdfunding round on Seedrs.

News Stories

Stripe and Lemon Squeezy merge: A new era for seamless digital sales

Stripe and Lemon Squeezy merge: A new era for seamless digital sales

Stripe, a global leader in payment processing, has announced its acquisition of Lemon Squeezy, a platform known for simplifying the sale of digital products. This strategic move is set to enhance Stripe's capabilities and extend its reach in the digital marketplace.
Clearpool Prime debuts on Arbitrum, originates $18m in institutional loans

Clearpool Prime debuts on Arbitrum, originates $18m in institutional loans

Clearpool, a trailblazer in decentralized finance (DeFi) credit protocols, has recently made significant strides by launching on Arbitrum.
Propel Holdings secures upsized $330m credit facility to boost consumer

Propel Holdings secures upsized $330m credit facility to boost consumer

Propel Holdings, known as a trailblazer in the FinTech sector, recently announced a significant expansion to its syndicated credit facility.
Philippines' Hive Health boosts SME health access with $6.5m funding

Philippines’ Hive Health boosts SME health access with $6.5m funding

Hive Health, a pioneering digital health insurer based in the Philippines, has completed a $6.5m Pre-Series A funding round, supported by an impressive consortium of global and local investors.
GeoWealth secures $18m in growth investment with BlackRock leading the charge

GeoWealth secures $18m in growth investment with BlackRock leading the charge

GeoWealth, a Chicago-based turnkey asset management platform (TAMP) and FinTech innovator, has successfully closed a significant funding round.

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