FinTech News

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Nav adds $13m from Goldman Sachs to take Series B to $38m

Small business credit reporting and financing startup Nav is boosting the size of its Series B round with a fresh $13m investment. Goldman Sachs led the expansion round.
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Funderbeam grabs €2m for startup stock exchange

Blockchain-based trading and investment platform Funderbeam has picked up €2m from Japanese investor and incubator Mistletoe.
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500 Startups looks to raise another $25m FinTech fund

Early-stage VC and accelerator 500 Startups is raising another $25m FinTech-dedicated fund, according to an SEC filing.
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The Naga Group lands €12.5m to grow social trading app SwipeStox

The Naga Group, the company behind social trading app SwipeStox, has picked up €12.5m in a Series A round from Chinese investment fund Fosun.
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Uber-rival Grab snatches Kudo to power up payments

South-East Asian Uber-rival Grab is boosting its payments powers with the acquisition of e-commerce and payments service Kudo.
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Nigerian SME lender Lidya pockets $1.25m

Nigerian small business lender Lidya has picked up $1.25m in a seed funding round led by Accion Venture Lab. Newid Capital and several angel investors also participated.
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Ledger banks $7m for cryptocurrency security hardware

Cryptocurrency security hardware maker Ledger has raised $7m in a Series A round co-led by MAIF Avenir and Xange.
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Yongqianbao nabs $67m for micro lending app

Beijing-based mobile lending app Yongqianbao has picked up $67m in a funding round. The round was co-led by Hong Kong-based private equity firm Golden Brick Capital Management.
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Raise.me pockets $12m to change student loans

College financing app Raise.me has scored $12m in Series A funding to offer micro-scholarships. Redpoint Ventures led the round.
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Emergent Payments scores $5m to reach more merchants

Emergent Payments has raised $5m in an equity funding round from Responsible Gold Holding as well as existing backers.

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How three regulatory shifts are rewriting EU payments compliance

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Experian launches single-API identity verification tool

Experian, the global information services company, has launched Identity Connect, a new identity verification solution designed to help organisations authenticate customers while meeting the...

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