FinTech News

Skyhigh collects $40m to ‘extend leadership in cloud security market’

Skyhigh Networks, which enables enterprises to adopt cloud services while meeting their security, compliance, and governance requirements, has closed a $40m Series D round.
fintech insurtech wealthtech regtech ai cybertech esg news

PE fund backs Kenyan payments firm DPO Group

East African payments processor Direct Pay Online Group (DPO Group) has received an investment from Apis Partners.
fintech insurtech wealthtech regtech ai cybertech esg news

Funderful gets €150k to suck more cash from graduates

Alumni fundraising management platform Funderful has raised €150,000 in a seed round of funding from Baltic accelerator StartupHighway and two angel investors.

Plasso lands $1.2m for code-free online payments

Aiming to let anyone make or accept online payments, Plasso has raised $1.2m in a seed round from AngelList.

French crowdfunding platform Ulule picks up $5m

French crowdfunding platform Ulule has raised $5m in a series A round. The investment comes from Paris-based impact investment firm Citizen Capital, as well as insurer MAIF and BNP Paribas.

Nested unlocks ?1.2m for fast house sales

Aiming to help users sell their houses in just 90 days, Nested in a London PropTech company that just landed ?1.2m in its first round of financing.

Avalara picks up $96m to make compliance less taxing

Cloud-based tax compliance company Avalara has raised $96m in a new round that takes its total funding to more than $300m.

Zero scoops up $2.5m for debit cards with credit card perks

Mobile banking startup Zero has raised $2.5m in a seed round of funding led by ENIAC Ventures. New Enterprise Associates, Nyca Partners, Lightbank and Middleland Capital also participated.

Bricklane.com takes ?1.3m for property ISA

London PropTech startup Bricklane.com has raised ?1.3m in seed funding. The pre-launch investment comes from UK online property portal Zoopla and LocalGlobal.

OurCrowd rakes in $72m for equity crowdfunding

Equity crowdfunding firm OurCrowd has raised $72m in Series C funding. The round investors are undisclosed.

News Stories

Strong week in the FinTech sector with $1.7bn raised

FinTech Global this week reported on 21 recorded deals in the FinTech sector, with a strong showing in the reinsurance space bringing the total value recorded over $1bn.

EU regulator suggests revamp in sustainable investment rules

The ESMA has recently recommended a significant overhaul of the Sustainable Finance Disclosure Regulation (SFDR) within the EU.
MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

MNT-Halan expands into Turkey with acquisition of Tam Finans

MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

EU banks and insurers lag in green compliance, PwC study finds

A recent PwC study has uncovered a striking deficiency in the alignment of financial institutions’ activities with the EU's taxonomy for sustainable activities. According...
India

India’s new climate finance taxonomy to propel green transition

India is poised to implement a climate finance taxonomy, as announced by the Minister of Finance, Nirmala Sitharaman, during the annual budget.

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