FinTech News

London-based credit score provider Aire has raised $2m in a new round funding. The investment was led by White Star Capital with existing backers Sunstone Capital and Accion Venture Lab also participating.

US remittances service Remitly has secured $38m in a new round of funding. The Seattle-based company offers mobile P2P remittances from the US and Canada.

Chinese open-source blockchain startup Antshares has raised $4.5m in its initial coin offering to complete the development of its blockchain platform.

E-commerce fraud prevention firm Riskified has grabbed $25m in a round of funding led by Israeli growth fund Qumra Capital.

Online trading platform IG Group is acquiring news and research portal DailyFX from foreign exchange market broker FXCM.

South Korean mobile payments firm Viva Republica has landed $23.7m for its Series B funding round. The company is the developer behind peer-to-peer mobile transfer app Toss.

Unocoin has grabbed a $1.5m funding round for its bitcoin platform. It will use the capital for product developments and to expand the business and team.

Financial news and data site Benzinga has picked up $3m in a new funding round from WorldQuant Ventures.

Payday loans startup LendUp is being made to pay $3.6m by the Consumer Financial Protection Bureau for widespread violation of payday and instalment laws.

Treasury management software firm Kyriba has raised $23m in a Series D round of funding led by Bpifrance’s growth fund Large Ventures.