FinTech News

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.

Lending Club snaps up Wall Street execs to win investor

Peer-to-peer lending firm Lending Club is bringing new senior staff on board in an attempt to once again win favour with investment banks.
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WestPac leverages DataRepublic for exchange platform

Australian bank Westpac is making use of its investment in DataRepublic, with the launch of a new service allowing corporate clients to store and exchange anonymised customer data.
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Ginmon gains Passion Capital backing for robo-advisor

Ginmon, a Frankfurt-based robo-advisor, has raised a new round of funding led by London VC Passion Capital. The size of the round is undisclosed.

News Stories

Over $1bn raised in this week's 16 FinTech deals - Read them all here

Over $1bn raised in this week’s 16 FinTech deals – Read them all here

Two major deals helped to bring this week's total FinTech funding volume past the $1bn mark, with a total of $1.2bn raised across 16...
Are wealth managers finally embracing digital assets?

Are wealth managers finally embracing digital assets?

Despite their rising popularity, particularly with younger generations, digital assets still lack widespread adoption by traditional wealth management firms. However, as regulators continue to...

Figure acquires Kiavi in $717m blockchain deal

Figure Technology Solutions, a blockchain-native capital marketplace, has struck a definitive agreement to acquire Kiavi, an AI-driven lending platform serving residential real estate investors,...

Bluwhale launches AI-native financial operating system

Bluwhale, an AI and blockchain-based personal finance platform, has unveiled an AI-native financial operating system that automates users' financial lives while keeping data ownership...

Grasshopper launches treasury management with Waldo

Grasshopper Bank, a full-service digital bank with approximately $1.6bn in total assets, has launched a new treasury management product in collaboration with Waldo, a...

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