FinTech News

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Square Yards picks up $12m to expand real estate presence

Indian online-to-offline real estate transaction firm Square Yards has taken on $12m in a new round of funding from the private equity are of Reliance Group.
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Juvo rakes in $14m to bring credit scores to mobile operators

Credit scoring company Juvo has raised $14m in a new round of venture funding. The investment comes from Freestyle Capital, Seed-Resolute and Wing Venture Capital.
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Signifyd pulls in $19m for e-commerce fraud prevention

Signifyd, a fraud protection provider for e-commerce businesses, has raised $19m in funding. The round comes from Menlo Ventures, TriplePoint Capital and American Express Ventures.
fintech insurtech wealthtech regtech ai cybertech esg news

SmartAsset banks $12m for financial advice

Financial advice startup SmartAsset has raised $12m in a Series B round of funding led by IA Capital Group. The deal also saw participation from TV Capital, Contour Ventures, Javelin Venture Partners, New York Life, Transamerica Ventures and Fitz Gate Ventures.
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Yunnex lands $45m for point-of-sale solutions

Chinese point-of-sale (POS) solutions provider Yunnex has raised $45m in a Series B round of funding.
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Afrimarket lands $11m for cash-to-goods remittances

Afrimarket, a cash-to-goods money transfer service focused on French-speaking Africa has raised €10m ($11m) from UK-based Global Innovation Fund and PROPARCO.
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Payworks swipes $4.5m for payments processing

Payments processing firm Payworks has raised $4.5m in a Series A round of funding from Rumford and HW Capital. Existing backer Speedinvest also join the round.
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Crypto Facilities takes $1.5m for digital asset trading

Digital asset trading platform Crypto Facilities has raised $1.5m in a seed round. The funding comes from an AngelList syndicate led by Humminbird Ventures partner Pamir Gelenbe.
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Northzone closes new $335m fund for European FinTech

Northzone, a Scandinavian VC firm that’s backed FinTech startups including iZettle, MarketInvoice and Klarna, has raised €300m ($335m) for its new fund.
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BlackFin makes first hires for FinTech venture fund

French private equity firm BlackFin is beefing up its FinTech talent and hiring two new team members to head up its dedicated venture fund.

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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