FinTech News

Ant Financial backs Philippines FinTech player Mynt

Chinese fintech giant Ant financial is making moves in the Philippines with an investment in Mynt. The size of the deal is undisclosed.

Klarna and LendInvest backer Atomico closes new $765m fund

European VC Atomico has closed its fourth fund at $765m, making it one of Europe’s largest tech funds to date.

ID Finance pockets $50m to expand into Latin America

Emerging markets-focused credit scoring and lending startup ID Finance is has raised $50m in debt funding to expand across Latin America.

Jakarta-based POS MOKA lands $2m in Mandiri-led round

Jakarta-based point-of-sale (POS) startup MOKA has raised $2m in a new round of funding led by Mandiri Capital.

Company cards startup Pleo picks up funding from Creandum

Previously investing in regional heavyweights such as Spotify and FinTech players Klarna and iZettle, Creandum led a fresh $3.25m investment into Pleo.

PayPal expands financial inclusion efforts with TIO buy

PayPal is expanding its offering and reaching more users with the acquisition of bill payment company TIO Networks for roughly $233m.

TrueLayer bags $1.3m to let devs plug into banks

Connect Ventures led the round for the London-based startup with Graph Ventures and individual angel investors also participating.

ManchesterStory launches FinTech fund with $31m

A new fintech, healthcare and insurtech-focus venture capital fund ManchesterStory is launching with an initial $31m to invest.

CrediFi lands $13m for real estate finance data

Commercial real estate (CRE) finance data firm CrediFi has raised $13m in a Series B round led by Liberty Interactive's Liberty Israel Venture Fund.

Japan’s three largest banks back bitFlyer

Three of Japan’s largest banks are now stakeholders in Tokyo-based bitcoin exchange bitFlyer following its new ¥200m ($1.7m) round.

News Stories

Slow week for FinTech, with just $350m raised across 10 deals

It was a slow week for FinTech deals, with just $350m raised across 10 deals.  This represented a significant drop from the previous weeks. A...
How Majesco made the transition to becoming an AI-first company

How Majesco made the transition to becoming an AI-first company

While hype around AI has intensified recently, it has been around for decades, albeit confined to more niche and specific technology branches that lacked...
Allianz UK simplifies digital trading for SME brokers

Allianz UK simplifies digital trading for SME brokers

Allianz UK, the insurance giant, has refreshed its Complete Business proposition for digital trading, aiming to make it quicker and more straightforward for brokers...
WBS extends Quai Digital deal with fractional dealing

WBS extends Quai Digital deal with fractional dealing

WBS, a UK-based provider of dealing, custody and technology solutions for the investment sector, has agreed a five-year extension to its partnership with Quai...
Cardless strengthens executive team for next growth phase

Cardless strengthens executive team for next growth phase

Cardless, an AI-powered financial services platform that enables brands to launch and manage co-branded card programmes, has appointed Mark Troianovski as chief business officer...

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