FinTech News

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Monzo closes £22m round with £2.5m in crowdfunding

Challenger bank Monzo has wrapped up its latest funding haul with £22m after raising £2.5m in crowdfunding. The London-based attracted a record-breaking 6,5000 investors.
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Smyte scores $4m to look out for spam and scams

Online security startup Smyte has nabbed a $4m Series A round led by Avalon Ventures. Baseline Ventures, Founder Collective, Harrison Metal, Upside Partnership and Y Combinator also participated.
fintech-news

InMyBag pockets £300k to insure freelancers’ laptops

London-based InsurTech startup InMyBag has landed £300,000 in a pre-Seed round from angel investors including onefinestay founder Demetrios Zoppos.
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ShapeShift nabs $10.4m for digital asset exchanges

Cryptocurrency exchange ShapeShift has raised $10.4m in a Series A round led by Berlin-based VC Earlybird.
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WeConvene scoops up $12.5m to facilitate corporate access

Corporate access platform for the investment community WeConvene has raised $12.5m in a Series B round. CreditEase's Fintech Investment Fund led the round.
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Swiss SME lender Tradeplus24 secures $100m credit facility

Swiss SME lender Tradeplus24 has secured a $101m credit facility from boutique investment house Oceano One. Zurich-based Tradeplus24 is parented with AIG and Kessler & Co.
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AllLife lands funding to insure those living with HIV and diabetes

South African life insurance startup AllLife has secured an undisclosed investment led by Accion Frontier Inclusion Fund it its first foray into the InsurTech space.
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Irish payroll firm Immedis pays $10m for US-based Expaticore

Irish corporate payroll firm Immedis is acquiring US international payroll firm Expaticore for $10m. The deal comes after two years of discussion between the firms.
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Green Visor Capital secures $51m of $200m FinTech fund

FinTech-focused venture firm Green Visor Capital has secured more than $51m of the $200m target for its second fund, according to an SEC filing.
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Seedrs sees £85m invested in record year

Equity crowdfunding platform Seedrs is reporting a record year for the company with more than £85m invested into 158 deals on the platform.

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How three regulatory shifts are rewriting EU payments compliance

European payments firms are confronting a rare convergence of regulatory pressures, and most compliance teams are being asked to absorb all three simultaneously. The...
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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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