FinTech News

Stockbroking app Freetrade has smashed through its latest crowdfunding target on Crowdcube to secure £1.1m in just 12 days.

Ghent, Belgium-based accounting platform Silverfin has scooped up $4.5m in a Series A round. Index Ventures led the investment with existing backers also participating.

German banking platform solarisBank has raised €26.3m in a Series A funding round after just a year in business. Arvato Financial Solutions and Japanese banking firm SBI Group led the round.

Canadian financial software-provider DH Corp (D+H) is being taken private through an acquisition by private equity group Vista Equity Partners.

Users and employee verification company ID.me has raised $19m in a Series B round from FTV Capital.

SME accounting and payments software provider Autobooks has picked up $5.5m in a Series A venture round. Draper Triangle Ventures led the investment.

JP Morgan Chase is ramping up its mobile payments offering through the acquisition of MCX payments technology.

Tax professionals' software-maker Canopy has secured $20m in a Series B round of funding led by Pelion Venture Partners.

Australia-listed financial comparison company iSelect has gained majority ownership of Malaysia-based iMoney after buying shares worth $4.15m.The company said it has upped its stake...

Student-focused challenger bank BankMobile is being sold by its parent company Customers Bank for $175m to Flagship Community Bank.