FinTech News

Ant Financial backs Philippines FinTech player Mynt

Chinese fintech giant Ant financial is making moves in the Philippines with an investment in Mynt. The size of the deal is undisclosed.

Klarna and LendInvest backer Atomico closes new $765m fund

European VC Atomico has closed its fourth fund at $765m, making it one of Europe’s largest tech funds to date.

ID Finance pockets $50m to expand into Latin America

Emerging markets-focused credit scoring and lending startup ID Finance is has raised $50m in debt funding to expand across Latin America.

Jakarta-based POS MOKA lands $2m in Mandiri-led round

Jakarta-based point-of-sale (POS) startup MOKA has raised $2m in a new round of funding led by Mandiri Capital.

Company cards startup Pleo picks up funding from Creandum

Previously investing in regional heavyweights such as Spotify and FinTech players Klarna and iZettle, Creandum led a fresh $3.25m investment into Pleo.

PayPal expands financial inclusion efforts with TIO buy

PayPal is expanding its offering and reaching more users with the acquisition of bill payment company TIO Networks for roughly $233m.

TrueLayer bags $1.3m to let devs plug into banks

Connect Ventures led the round for the London-based startup with Graph Ventures and individual angel investors also participating.

ManchesterStory launches FinTech fund with $31m

A new fintech, healthcare and insurtech-focus venture capital fund ManchesterStory is launching with an initial $31m to invest.

CrediFi lands $13m for real estate finance data

Commercial real estate (CRE) finance data firm CrediFi has raised $13m in a Series B round led by Liberty Interactive's Liberty Israel Venture Fund.

Japan’s three largest banks back bitFlyer

Three of Japan’s largest banks are now stakeholders in Tokyo-based bitcoin exchange bitFlyer following its new ¥200m ($1.7m) round.

News Stories

Middle East retail investing: the WealthTech opportunity

Retail investment and preparing for retirement is gaining traction in the Middle East. For Fredrik Davéus, CEO and co-founder of Kidbrooke, this isn’t just...
Why good-weather pension numbers are misleading participants

Why good-weather pension numbers are misleading participants

As the Netherlands' pension sector navigates its Wet toekomst pensioenen (Wtp) transition, a growing body of regulatory guidance and independent research suggests that the...
Nordic banks turn to CaaS to fight rising fraud

Nordic banks turn to CaaS to fight rising fraud

The Nordic region is among the most cashless in the world, with cash accounting for fewer than 5% of all transactions in Norway and...
Global FinTech funding continued its strong surge over the past two weeks, with approximately $2.17bn raised across 23 deals, as cybersecurity firms saw major deals come to fruition.

Global FinTech funding tops $2bn as RegTech deals run rampant

Global FinTech funding continued its strong surge over the past two weeks, with approximately $2.17bn raised across 23 deals, as cybersecurity firms saw a...
How metadata supercharges AI document processing

How metadata supercharges AI document processing

Artificial intelligence is rapidly embedding itself into document-heavy organisations, promising to transform everything from contract analysis to compliance monitoring. Yet despite this momentum, many...

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