FinTech News

Instavest takes $1.7m for social trading platform

Social investing platform Instavest has raised $1.7m in a seed round having graduated from Y Combinator.
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Irish startup Rubicoin lands $1m to make Invest app global

Irish start-up Rubicoin, which offers an app to enable people to invest in stock markets, has landed €1.2m.

Crowdcube raises $10.4m on own equity crowfunding platform

Crowdfunding platform Crowdcube has raised ?8m ($10.4m) through a campaign on its own platform.

Stash swipes $9.25m for investment app

Investment app Stash has raised $9.25m in a Series A round of funding to accelerate user growth and build out its technology platform.
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TTV Capital passes halfway point new $100m fund

FinTech-dedicated investment firm TTV Capital has now raised more than half of the targeted $100m for its fourth fund.

Reposit takes $520,000 to rethink tenancy deposits

Reposit, an alternative tenancy deposit platform has raised ?400,000 ($520,000) in a seed funding round.
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BluePay taps CardFlight for mobile EMV solution

US payment processing firm BluePay is partnering with New York startup CardFlight to bring its EMV mobile point-of-sale (POS) solution to clients.
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Mondo plans to raise $19m to $26m for full banking licence

UK challenger bank Mondo plans to raise a further £15m ($19.4m) to £20m ($26m) as it seeks to have the restrictions on its newly awarded banking licence lifted.
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Zervant nabs $4.5m for SMB invoicing

Zervant, a Finnish invoicing startup, has raised €4m ($4.5m) in a Series A round of venture funding.

UpGuard locks down $17m for cybersecurity insurance

Australian insurance firm IAG has invested in Sydney-founded cybersecurity firm UpGuard $17m Series B round.

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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