FinTech News

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Direct loan provider LendingPoint receives $500m credit vehicle

Online direct loan provider LendingPoint has announced it received up $500m for a credit facility from Guggenheim Securities.
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Bankera raises around €25m in its pre-ICO round

Blockchain bank Bankera has raised around €25m in its pre-ICO round which saw the company sell 2.5bn of its BNK tokens at €0.01 each.

InsurTech platform The Zebra pulls in $40m Series B led by Accel

Auto insurance comparison marketplace The Zebra has pulled in $40m Series B round led by Accel Partners.

Gift card marketplace Raise picks up $60m Series C

Gift card e-commerce platform Raise Marketplace has reportedly picked up a $60m Series C round led by Accel.

KyberNetwork closes ICO on around $56m

Digital asset exchange and conversion platform KyberNetwork has closed its ICO having raised 200,000 ETH.

E-commerce management platform Volo raises ?6.2m

Multichannel e-commerce technology provider Volo Commerce has raised around ?6.2m.

Yunzhangfang.com said to net $14m investment from Hillhouse Capital

Corporate finance and tax management company Yunzhangfang.com has reportedly picked up a $14m investment from China-based Hillhouse Capital Group.

GoCardless nets $22.5m investment from four investors

Payment solution provider GoCardless has received a $22.5m investment from investors including Accel, Balderton Capital, Notion and Passion.

Power2SME closes $36m Series E funding round

India-based Power2SME has closed a $36m Series E funding round to help with geographic expansion.
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iZettle recieves €30m debt funding from European Investment Bank

Sweden-based payment solutions platform iZettle has received a €30m debt funding deal from the European Investment Bank.

News Stories

RemotePass raises $17.4m Series B led by EBRD

RemotePass raises $17.4m Series B led by EBRD

RemotePass, a global employment, payroll and spend platform, has secured $17.4m in a Series B funding round led by EBRD Venture Capital, with participation...
FIS

FIS brings cloud-native risk management to AWS

FIS, a global financial technology company and capital markets software provider, has launched its Enterprise Risk Suite on Amazon Web Services (AWS), ending the...
SMCR

Why SMCR reform doesn’t reduce compliance risk

The UK's Senior Managers and Certification Regime (SMCR) is entering a new chapter — one that promises greater operational flexibility for firms while keeping...
Multinational insurer Prudential has launched an AI-powered assistant designed to help financial professionals access underwriting information, product details and business forms more quickly across its life insurance operations.

Prudential launches AI underwriting tool for advisors

Multinational insurer Prudential has launched an AI-powered assistant designed to help financial professionals access underwriting information, product details and business forms more quickly across...
Global insurer Aviva has appointed Alex McMurrough as chief underwriting officer for its commercial lines business, expanding her responsibilities across underwriting strategy, pricing and technical underwriting operations.

Aviva appoints Alex McMurrough as commercial underwriting chief

Global insurer Aviva has appointed Alex McMurrough as chief underwriting officer for its commercial lines business, expanding her responsibilities across underwriting strategy, pricing and...

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