FinTech News

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Auto financer Chedai grabs $52m Series B

Chinese used-car financing platform Chedai has raised ¥360m ($52m) in a Series B round led by Youjin Capital and Addor Capital.
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BitPersa brings total funding to $10m with latest Series A

Africa-based blockchain payments platform BitPersa has secured a Series A investment led by Greycroft.
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Tierion raises $25m through ICO

Blockchain data management platform Tierion has reportedly raised $25m through its ICO, which had an initial closing date of August 10th.
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Flutterwave secures $10m for Series A funding round

Flutterwave has secured $10m for its Series A funding round which was led by Greycroft Partners and Green Visor Capital.
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Payfone picks up $23.5m for mobile verification

Mobile identify authentication startup Payfone has raised $23.5m in a Series E round of funding led by BlueCross BlueShield Venture Partner.
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Payspan lands backing from private equity firm Primus

Healthcare payments automation and reimbursement company Payspan has secured a new investment from private equity firm Primus Capital.
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Flywire picks up London-based PACE Invoice

International payment solutions provider Flywire has purchased multi-currency invoicing platform provider PACE Invoice.
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HelloWallet is picked up by KeyBank National Association

KeyBank National Association has acquired personal finance guidance platform HelloWallet from Morningstar.
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P2P lender Zopa raises £32m to launch bank

UK peer-to-peer (P2P) lender Zopa has raised £32m in a new funding round to finance the launch of its retail banking service.
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HR and payroll platform Namely adds $50m to Series D round

SaaS HR firm Namely is adding another $50m to its Series D bringing the round’s total to $80m. The investment was led by Altimeter Capital and Scale Venture Partners.

News Stories

How personalized communication is reshaping the advisor-client relationship

In an increasingly competitive market, Vincent Lévesque, vice-president, head of products at Croesus, believes personalized video communications help to give firms an edge over...
SymphonyAI agents cut sanctions workload by 90%

SymphonyAI agents cut sanctions workload by 90%

A major US financial institution has dramatically reduced the burden of sanctions compliance after deploying AI-powered agents from SymphonyAI, achieving a 90% reduction in...

fincite’s 4 AI use cases easing the burden on advisers

WealthTech firm fincite says artificial intelligence could support up to 70% of advisory tasks by 2030 and is positioning its CIOS platform as the...
eToro launches AI-powered app store for investors

eToro launches AI-powered app store for investors

eToro, a social trading and investing platform, has announced the launch of the eToro App Store, an AI-enabled marketplace where investors and developers can...
SimCorp launches agentic AI ecosystem for investors

SimCorp launches agentic AI ecosystem for investors

SimCorp, a global investment management software provider, has announced Agent Launchpad, a new agentic AI ecosystem designed to help investment managers discover and deploy...

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