FinTech News

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Pie Insurance nabs $4.3m in seed funding round

Washington DC-based Worker compensation insurance business Pie Insurance has raised a $4.3m seed funding round.
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Finxact bags $12m for core Banking-as-a-Service

Core banking-as-a-Service company Finxact has secured $12m in one of the largest FinTech Seed funding rounds to date.
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Datasigns Technologies raises $1.5m in pre-series A funding

Datasigns Technologies, which operates mobile lending platform Shubh Loans, has raised $1.5m in pre-series A funding from SRI Capital, Beenext and Pravega. The Shubh Loans...
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PayPal gains a stake in five FinTech startups

Online payments giant PayPal has named five new FinTech startups to enter into its incubator program in Chennai, picking up an undisclosed stake in...
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Austin’s Iconixx lands $4.2m for compensation software

Incentive compensation software-maker Iconixx has landed $4.2m in a new round of funding. Existing backers Ballast Point Ventures, Harbert Growth Partners, S3 Ventures and the firm’s own management team led the round.
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Robo-adviser MortgageGym bags £500,000 from former Deutsche Bank exec

Mortgage robo-adviser MortgageGym has reportedly picked up a £500,000 investment from former Deutsche Bank AG COO Henry Ritchotte.
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Breega Capital closes latest fund on €100m

French venture capital firm Breega Capital has reportedly closed its latest fund on €100m, according to various reports in the media.
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Chinese insurer Ping An launches $1bn FinTech fund

Chinese insurance giant Ping An is launching a $1bn fund to invest globally in FinTech and health tech opportunities.
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Signifyd scores $56m for e-commerce fraud protection

E-commerce fraud protection provider Signifyd has scored $56m in a Series C round led by Bain Capital Ventures.
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Wyre scoops up Chinese remittance startup Remitsy

Blockchain-based cross-border payments startup Wyre is acquiring Beijing-based business payments service Remitsy. The financial terms of the deal are undisclosed.

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Hawk bolsters leadership with new president and CRO

Hawk, an AI-powered anti-financial crime technology provider, has appointed Eli Chamoun as its new President & Chief Revenue Officer. The hire is intended to speed...
Monzo and Nest Pensions centre target self-employed pension gap

Monzo and Nest centre target self-employed pension gap

The Centre for Inclusive Money at Nest, formerly known as Nest Insight, has joined forces with Monzo, a UK digital bank serving over 15...

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