FinTech News

Pakistani real estate portal Zameen has received $2.1m in funding from Malaysian investor Frontier Digital Ventures.

French health insurance startups Alan has raised $13m in a new round of funding. The investment comes from CNP Assurances, Power Financial, Partech Ventures and angel investors.

Lending startup KredX has raised $6.25m in a Series A round led by Sequoia Capital India. The round also saw existing backer Prime Venture Partners participate.

Payments-as-a-service platform Alpha Payments Cloud has raised a new round of funding from Australian private equity firm First Quay Capital. Read more: www.fintechroundup.com

Enterprise payments provider Nvoicepay has landed $10m in a growth equity funding round. The investment comes from Napier Park Financial Partners.

Philippines-based Coins.ph has raised $5m in a Series A round to bring financial inclusion through blockchain technology. The funding was led by Quona Capital’s Accion Frontier Inclusion Fund.

Online insurance marketplace EverQuote has raised $23m in its Series B round of funding. The investment in the Cambridge, Massachusetts-based startup was led by Savano Capital Partners.

China Union Pay Merchant Service (China UMS) has received a $297m investment from Everbright-IDG Industrial Fund.

Germany payments and added services company AEVI has closed its Series B round at €30m. The funding comes in the form of a €20m investment from HPE Growth Capital and €10m from Adveq.

Feedzai has scored an undisclosed round from Citibank VC investment arm Citi Ventures.