FinTech News

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Personal Capital adds another $25m to Series E round

IGM Financial pumped an initial $50m into the company in May with a further $25m dependant on the company reaching a growth milestone by the end of Q2 2017.
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NoBroker unlocks $7m for real estate platform

Indian real estate marketplace NoBroker has raised $7m in new funding led by Korean investor KTB Ventures. The funding is an extension of its $10m Series B round.
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Stonestep nabs $4m to take microinsurance to Asia

Microinsurance firm Stonestep has nabbed $4m in a Series A funding round. The investment comes from insurtech investor XL Innovate.

LeaseLock grabs $1m for rent payment insurance

Rent payment insurance startup LeaseLock has raised $1m in a Seed round led by American Family Ventures, the venture arm of American Family Insurance.

Contego snaps up Right-to-Work solution Working Status

UK RegTech platform Contego has acquired compliance software maker Working Status. The financial terms of the deal are undisclosed
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Wyre grabs $5.8m for blockchain-powered remittances

Blockchain-based cross boarder payments service Wyre has picked up $5.8m in a Series A round of funding from a combination of Chinese and US investors.
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Kreditech picks up $10.4m from Rakuten

Lending and credit history startup Kreditech has picked up $10.4m in a strategic from Japanese e-commerce and web giant Rakuten.
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Stash scoops up $25m Series B for investment app

New York-based investment app Stash has raised $25m in its Series B round. Valar Ventures led the round with Breyer Capital, Goodwater Capital and Entrée Capital participating.
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BillFront takes $35m for digital media financing

Digital media-focused invoice financing startup BillFront has picked up $35m in a Series A round from 4finance, NIBC Bank Deutschland and FinLeap.

Hippo secures $14m to disrupt home insurance

Home insurance startup Hippo has picked up $14m in a Series A round led by Horizons Ventures.

News Stories

Don’t miss this week’s 17 FinTech funding rounds

It was a slower week for the FinTech sector, compared to some in the past couple of months. A total of $623m was raised...
Goldwise launches to shake up precious metals investing

Goldwise launches to shake up precious metals investing

Goldwise, a UK FinTech founded by former Royal Mint executives, has launched a mobile trading platform designed to give savers and investors a simpler...

AI adoption in financial services accelerates globally

Nearly half of consumers worldwide are now turning to artificial intelligence to inform their savings and investment choices, according to EY, a professional services...

Adyen acquires Talon.One for €750m

Adyen, the global financial technology, has agreed to acquire Berlin-based loyalty and incentives platform Talon.One for a total consideration of €750m. The deal will see...
M-Files launches three industry-specific document solutions

M-Files launches three industry-specific document solutions

Document management specialist M-Files has unveiled three new industry-specific applications: M-Files for Tax Advisory, M-Files for Quality, and M-Files for Contracts. This marks a...

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