FinTech News

Constrafor, an invoice and contract management SaaS platform built for the construction industry, has raised over $100m for its seed round.

Holvi, the digital banking platform for freelancers, has become the latest FinTech firm to be swept up in the Wirecard scandal.

The U.S. Commodity Futures Trading Commission has issued a $300,000 fine against Merrill Lynch, a registered futures commission merchant, for failing to promptly produce records and ensure staff comply with regulations.

iComply Investor Services, a RegTech platform for digital finance and cryptocurrencies, has launched its public beta.

PayJoy, which provides credit to the underbanked, has pulled in a $20m debt financing.

E-commerce platform Tulip has netted $40m in its Series B financing round led by Kleiner Perkins.

CeresAI, a data and analytics provider, has completed a Series D funding round led by Remus Capital, as it looks to help lenders and insurers reduce farming risks through advanced technology.

For over ten years, Shelter Insurance® has utilised RCT's groundbreaking software. This partnership traces back to 2007, when Shelter sought RCT's expertise to tackle efficiency and consistency hurdles tied to their vast field surveys.

iProov will deploy its face biometric authentication to Paxful, a P2P FinTech platform, as part of a new partnership.

Property and casualty insurer Chubb has acquired StreamLabs to improve its waterflow monitoring and claims capabilities.