Finova racks up $52.5m in VC-backed financing round
FinTech startup Finova Financial, which runs an auto title lending platform, has raised $52.5m in debt and equity from venture capital and other investors.
FinTecSystems swipes Series A round for real-time data
FinTecSystems, a Munich-based provider of real-time financial data, has closed a Series A round.
Holvi teams up with SumUp to serve German SMEs
Finish banking service Holvi is partnering with mobile point-of-sale (mPOS) solution SumUp to serve small businesses in Germany.
Kubo.finance takes $7.5m for Mexican peer-to-peer loans
Kubo.financiero, a Mexican peer-to-peer lending platform, has raised $7.5m in its Series A round of funding.
SoFi looks to raise $500m in new funding
Social Finance (SoFi) is hoping to shake off the recent slump in the online lending space and raise half a billion dollars in a new equity round, according to reports.
TIAA buys online lender EverBank $2.5bn
Financial service firm TIAA is acquiring online lender EverBank for $2.5bn, as the firm seeks to build out its banking services.
Allianz hires new CEO for InsurTech unit
German insurance giant Allianz has hired a new CEO for its InsurTech incubator Allianz X. Peter Borchers will join the firm from Deutsche Telekom, where he founded the company’s hub:raum incubator.
Airbanq takes $2.5m for digital bank for the underserved
Digital banking startup Airbanq has raised $2.5m in a seed round of funding to bring financial services to under banked consumers.
BBVA unveils 56 finalists for Open Talent completion
Spanish banking giant BBVA has announced the 56 finalists for its eighth Open Talent competition that aims to seek out and support new FinTech startups and innovations.
Bitspark brings blockchain-based remittances to Malaysia
Bitspark, a Hong Kong-based remittance service that leverages bitcoin and blockchain technology is partnering with direct marketing and e-commerce firm Vitaxel
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