FinTech News

FinTech data startup Perfios has raised $6.1m in a Series A round from Bessemer Venture Partners. Perfios aims to help financial institutions in real-time decision making.

Ireland’s state agency Enterprise Ireland is announcing a €44m co-investment fund for seed and early-stage companies.

Stocks trading app Robinhood is the latest FinTech startup to reach a $1bn-plus ‘unicorn’ valuation after raising a fresh round of funding.

Collaborative insurance startup Otherwise has picked up €1.6m in a Seed funding round. The investment comes from 360 Capital Partners and Bpifrance as well as other private investors.

Turkish online payments service iyzico is adding another $2m to its Series C funding round to bring it up to $15m. The new capital comes from London-based VC Amadeus Capital Partners.

Indonesian bill payments app Ayopop has secured $1m in a Seed round. Japanese early-stage VC Gree Ventures led the investment with angel backers also participating.

Singapore-based soCash has raised $600,000 to let users get cash from shops rather than ATMS. The investment comes from angel backers in the banking and tech industries.

London-based VC firm Balderton Capital is setting out to raise its sixth fund, according to an SEC filing. No target is set for the fund with the firm previously raising $305m for its fifth fund in 2014.

HR and benefits platform for Decisely has raised $60m in a funding round from Two Sigma Private Investments and EPIC Insurance Brokers and Consultants, a Carlyle Group portfolio company.

Quint Group has secured £10m from Manchester-based Tosca Debt Capital to fund its recapitalisation. Quint Group operates a number of FinTech properties including MoneyGuru.com.