FinTech News

Jojonomic pulls in $1.5m to take the misery out of expenses

Expenses management app Jojonomics has raised $1.5m in a round led by Maloekoe Ventures.

Spiking scores $750k for stock market advice

Stock market tracking app Spiking has raised $750,000 in a seed round of funding from a group of individual investors.

Curve adds ?2m to fight FinTech fragmentation

UK startup Curve is adding another ?2m ($2.6m) to its seed round to bring its total funding to ?3.5m. The fresh capital comes from Connect ventures and new individual backers.

Lending Club hires new CFO to lead through turbulent times

Lending Club has brought in its new CFO. Thomas Casey is joining the wavering peer-to-peer lending company following the departure of Carrie Dolan.

CashFlow scoops up payments firm iCheque

Cambridge-based CashFlow is acquiring fellow Silicon Fen payments solution iCheque Network. The terms of the deal are undisclosed.

Pleo pockets $3m to control company card spending sprees

Danish Expenses automation service Pleo has raised $3m in a new round of funding to help companies control employee spending.

Ripple grabs $55m from blockchain-curious banks

The blockchain continues its steady shift into mainstream banking with startup Ripple adding seven more major financial institutions, as well as raised $55m in funding.
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FastPay gets Citi backing for digital media lending

Online lenders might be having a tough year but that’s not holding back FastPay. The digital-businesses lender just landed a new round of funding from Citi Ventures.
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Tipalti lands $14m for mass B2B payments

Automated B2B payments provider Tipalti has raised $14m in a new round of funding led by SGVC.
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Westpac pumps $16.5m into three-month old mortgage startup

Australian bank Westpac is continuing to plough money into the region’s FinTech companies and investing $16.5m in online mortgage startup uno.

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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