FinTech News

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.

Metromile parks $103.5m for pay-by-the-mile car insurance

Pay-per-mile car insurance firm Metromile has landed $103.5m in a Series D round of funding. The capital comes from Canadian insurer Intact Financial and China Pacific Insurance (CPIC).

JP Morgan partners and takes stake in InvestCloud

The US largest bank by assets, JP Morgan is investing in Los Angeles FinTech company InvestCloud and partnering with it to deploy customised dashboards to investors.

Challenger bank OakNorth hits profitability in first year

Entrepreneur-focused challenger bank OakNorth is proving just how big an impact these digital-only alternatives could have on traditional banking by breaking even in its first year on the market.

Chinese credit card app grabs $310m at $1bn valuation

Credit card management app U51.com is the latest Chinese FinTech startups to land a $1bn-plus valuation as the company announces its $310m Series C round.
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FinanceFox lands $28m in largest European InsurTech deal

The InsurTech space continues to excite investors with the largest funding round raised in Europe to date just being picked up by FinanceFox.
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Chinese lenders still popular as FirstP2P nabs $70m

Peer-to-peer lender FirstP2P has raised $70m in its Series C round of funding from CCB International and San Shan Capital Partners.

Lloyds Bank looks to hire head of FinTech discovery

Lloyds Bank is looking for fresh talent to improve its digital strategy with a job posting for a new head of fintech discovery at the banking group.
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DueCource pockets £6.25m to let businesses loan on invoices

UK-based invoice financing company DueCourse has raised £6.25m ($8.1m) in new funding. The financing comes from German e-commerce-giant Rocket Internet’s venture arm Global Founders Capital.

News Stories

AuthenticID's new Smart ReAuth battles identity fraud

AuthenticID’s new Smart ReAuth battles identity fraud

AuthenticID, a leader in identity verification and fraud prevention, has recently upgraded its Smart ReAuth platform.
Countingup and Sleek unveil Tax Pro: Revolutionising tax compliance for limited companies

Countingup and Sleek unveil Tax Pro: Revolutionising tax compliance for limited companies

Countingup, a prominent UK business account and financial app, has joined forces with the accountancy service Sleek to roll out a new tax solution aimed at limited company owners.
Pine Labs and Visa unite to accelerate digital payments in Bharat with new soundbox device

Pine Labs and Visa unite to accelerate digital payments in Bharat with new soundbox...

Pine Labs and Visa have partnered to launch the Pine Labs Mini, a versatile payment device aimed at boosting digital payments in Bharat.
The FinTech sector celebrated a solid week of funding, as it secured almost $750m over the past seven days.

Almost $750m raised on solid week for FinTech funding

The FinTech sector celebrated a solid week of funding, as it secured almost $750m over the past seven days.
Permata and JCB unveil the Ultimate Card for elite travel and dining experiences

Permata and JCB unveil the Ultimate Card for elite travel and dining experiences

JCB International Indonesia, a subsidiary of the global payment brand JCB International Co., and Indonesian financial giant PT Bank Permata have collaborated to introduce the Permata JCB Ultimate Card.

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