FinTech News

Finvasia takes funding for investment portal

Indian investment platform Finvasia has raised an undisclosed round of funding in its pre-launch phase. The investment comes from Indian VC Intrinsic and values the company at Rs150 crore ($22m).
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FinTech accelerator H2 Ventures looks for $41m in IPO

H2 Ventures, an Australian FinTech accelerator, has filed a prospectus for its new venture H2Ocean to IPO on the Australian stock exchange.
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Paytm pockets $60m of $300m target

One97 Communications, which operates Indian m-commerce platform Paytm, has raised $60m as a first step towards reaching a targeted $300m for its new round of funding.

Behalf brings in $27m for small business purchasing power

New York-based Behalf has raised $27m in a Series C round of funding to continue offering purchasing power to small business.
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Jumio lands $15m for payment verifications

Identity verification startup Jumio has raised $15m in a new round of funding after its assets where acquired by Centana Growth Partners in May.

Kufu Takes $4.9m for automated HR platform

Kufu, a Japanese company developing HR automation platform SmartHR, has raised ?500m ($4.9m) in a new round of funding led by WiL (World Innovation Lab).
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LoanTap grabs $3m to lend to professionals

LoanTap, a Mumbai-based online lender, has raised $3m in a Series A round. The capital comes from angel investors.

Credit Kudos lands $792,000 for data-driven credit scores

Credit Kudo is taking on ?600,000 ($792,000) in a round of seed funding led by FinTech VC NFT Ventures.
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Online lending group grabs Wall Street lobbyist

Online lenders are growing their presence in Washington with the hire of lobbyist Nat Hoopes to lead the Marketplace Lenders Association.

Momfo takes $14m for property financing platform

Momfo, a Shanghai-based property financing platform has raised ?95m ($14m) in a Series A round of funding led by Gobi Partners and Kaitai Capital.

News Stories

Iress renews four-year deal with Succession Wealth

Iress renews four-year deal with Succession Wealth

Iress, a provider of integrated wealth management and financial planning technology, has secured a four-year contract extension with Succession Wealth, continuing a partnership that...
ClearScore launches ChatGPT app for credit education

ClearScore launches ChatGPT app for credit education

ClearScore Group, a data-driven financial services platform with over 26 million users globally, has launched a consumer-facing ChatGPT app aimed at helping people better...
Mastercard pilots instant cross-border FX settlements

Mastercard pilots instant cross-border FX settlements

Mastercard, the global payments technology company, has taken part in a Eurosystem-led pilot on the TARGET Instant Payment Settlement (TIPS) platform to test instant...
InvestiFi partners with Great NorthWest Federal Credit Union

InvestiFi partners with Great NorthWest Federal Credit Union

InvestiFi, a digital investing platform, has announced a partnership with Great NorthWest Federal Credit Union (FCU), a Washington-based credit union serving more than 18,000...
Epiris completes acquisition of trading platform WBS

Epiris completes acquisition of trading platform WBS

WBS, a UK-based provider of dealing, custody and technology solutions to the investment industry, has been acquired by Epiris Fund III, advised by private...

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