FinTech News

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Growth Capital Ventures lands £1.1m from private equity fund

Growth Capital Ventures (GCV) has secured a £1.1m investment from UK private equity firm Maven Capital Partners.

EverCompliant reels in $9.5m to tackle transaction laundering

Transaction laundering detection and prevention company EverCompliant has raised $9.5m in a Series A round. Abor Ventures led the funding with existing backers.

SME financer BlueVine picks up $49m

SME financing startup BlueVine has scored $49m in a Series D round of funding from its existing investors.

Axa backs One,Inc in $20m Series B round

Insurance software provider One, Inc has landed $20m in a Series B round led by AXA Strategic Ventures.

Bitcoin-driven marketplace OpenBazaar grabs $3m

OB1, the developer behind Bitcoin-powered marketplace OpenBazaar, has picked up $3m in a new funding round led by Berlin-based VC BlueYard Capital.
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Indifi pulls in $10m for data-driven MSME lending

Indifi Technologies has raised $10m in a new round of funding led by Omidyar Network. The New Delhi-based company aims to help MSMEs to secure loans.

Huiyin launches $20m bitcoin-dedicated fund

Chinese investment firm Huiyin Group is launching a $20m bitcoin and blockchain-focused investment subsidiary - Huiyin Blockchain Ventures (HBV)

Standard Banks takes over mobile payments player Firepay

South African financial services giant Standard Bank has taken a majority stake in regional mobile payments player Firepay.
fintech insurtech wealthtech regtech ai cybertech esg news

ApplePie secures $16.5m Series B and $180m loan purchase deal

ApplePie Capital has raised $16.5m in a Series B round. The new funding coincides with the announcement of a $180m loan purchase agreement with TowerBrook Capital.

Investoo.com picks up $2m for online trading school

Investment education platform Investoo.com has picked up $2m in a round of funding from Optimizer Invest, Kinetic Investments and Right Casino Sam Miranda.

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Bank of London

The Bank of London announces leadership overhaul with Stephen Bell as CEO

The Bank of London, a rapidly growing financial institution, today announced a significant leadership transition.

The high cost of cybersecurity breaches on corporate reputation

Cybersecurity breaches pose a grave threat not only to immediate data security but also to the long-term reputation and financial stability.

IFC launches ClimaLab to bolster climate risk management in European FIs

The International Finance Corporation (IFC) has launched ClimaLab, a comprehensive initiative designed to empower European financial institutions in effectively managing climate-related risks.

Singapore’s new scam protection bill to restrict high-risk bank transactions

Singapore's Ministry of Home Affairs (MHA) is set to introduce a groundbreaking Protection from Scams Bill aimed at combating the rising tide of online fraud.

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