FinTech News

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IBM Reportedly planning acquisition of point-of-sale business Revel

IBM is reportedly planning a re-entry into the point-of-sale (POS) space. According to Bloomberg the firm is in discussions to acquire iPad-based POS company Revel Systems.
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Fiserv teams up with Early Warning for peer-to-peer payments

Financial services technology company Fiserv is partnering with Early Warning to offer the company’s clearXchange peer-to-peer payments service.
fintech insurtech wealthtech regtech ai cybertech esg news

German challenger bank Fidor acquired by France’s BPCE

German online bank Fidor Bank has been acquired by Groupe BPCE, Frances second-largest banking group. The price of the deal is undisclosed.
fintech insurtech wealthtech regtech ai cybertech esg news

Yixin Capital takes $550m for Chinese auto financing

Automotive financing firm Yixin Capital has landed $550m from a consortium of heavyweight Chinese internet firms.
fintech insurtech wealthtech regtech ai cybertech esg news

Privitar swipes $2.9m for data-privacy software

Privacy-enhancing software company Privitar has raised £3m ($2.9m) in a new round of funding led by Illuminate Financial Management.
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Funding Societies lands Sequoia backing for South-East Asian Lending

Singaporean business-lending marketplace Funding Societies has raised S$10m ($7.4m) in a new round of funding led by the Sequoia India, the regional arm of the VC giant.
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Axial grabs U$14m to match private companies with investors and buyers

Axial, a New York-based online capital marketplace, has raised $14m in its Series C round. The company's platform is designed to match private companies...
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RegTech startup LoanLogics brings in another $10m

LoanLogics, which looks to improve the transparency and accuracy of the mortgage process and improve the quality of loans, has raised $10m in funding.
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Kreditech pulls in another $11m for data-driven credit scores

Kreditech, a German data analytics startups focused on credit and banking services, is taking on an additional €10m ($11m) for its Series C round.
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WealthForge looks for $2.5m through convertible note offering

Private fundraising technology provider WealthForge is planning to take on another $2.5m in capital through a convertible note offering.

News Stories

Almost $1bn raised across all FinTech funding rounds this week

Up to $998m was raised across all the funding rounds reported on by FinTech Global this week, slightly missing out on hitting $1bn. The biggest...
How Theta Lake is revolutionising compliance search with unified search, discovery, and replay

How Theta Lake is revolutionising compliance search with unified search, discovery, and replay

Responding to governance events such as audits, investigations, and e-discovery has become increasingly complex with the adoption of unified communications and collaboration (UCC) technologies.
Pouch Insurance unleashes multilingual AI tool

Pouch Insurance unleashes multilingual AI tool

Pouch Insurance, leveraging the capabilities of the INSTANDA no-code insurance platform, has introduced a pioneering AI assistant named 'Goodie'.
Athena Secures AU$25m Series B to transform home ownership in Australia

Athena Secures AU$25m Series B to transform home ownership in Australia

Athena, a fintech company, has successfully secured AU$25m in a Series B funding round.
Lendistry secures $5m from City National Bank to empower underserved California entrepreneurs

Lendistry secures $5m from City National Bank to empower underserved California entrepreneurs

City National Bank, a major financial institution, has announced a strategic $5m impact investment in Lendistry, a minority-led fintech firm.

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