FinTech News

Dublin-based peer-to-peer payments app Plynk has pocketed €25m in one of the largest Series A rounds raised by an Irish company.

Halal investing platform Wahed has raised $5m in funding from strategic investors. The New York-based startup aims to offer ethical robo-based, Shariah-compliant investing to Muslims.

Machine vision InsurTech startup Tractable has raised $8m in a Series A round led by Ignition Partners. Zetta Venture Partners and a host of individual from across the insurance space also participated.

Smart debit card for kids company Greenlight Financial Technology has raised $7.5m in a Seed funding round. Relay Ventures led the investment.

Applied Data Finance has raised a fresh $6.5m in convertible notes and is also extending its existing credit facility with Victory Park Capital from $50m to $75m through to 2021.

Personal saving and investment app Oval Money has secured €1.2m in funding from Italian banking group Gruppo Intesa SanPaolo.

Troubled German banking giant Deutsche Bank is making an investment in the FinTech space and taking a 12.5% stake in trade receivables marketplace TrustBills.

Japanese mobile payments firm Coiney has raised ¥800m ($7.1m) in a Series B round of funding. The Tokyo-based firm offers a range of payments technologies to merchants.

Banking app Revolut will begin to offer users pensions through a partnership with fellow London startup PensionBee.

Group healthcare payments company Carrum Health has picked up $6.5m in Seed funding. Wildcat Venture Partners led the round with participation from SJF Ventures and SpringRock Ventures.