FinTech News

Artificial intelligence-driven InsurTech startup Brolly has raised $13,360 in a seed round of funding. The investment in the London-based startup comes from Entrepreneur First and Innovate Finance.

Skyhigh Networks, which enables enterprises to adopt cloud services while meeting their security, compliance, and governance requirements, has closed a $40m Series D round.

East African payments processor Direct Pay Online Group (DPO Group) has received an investment from Apis Partners.

Alumni fundraising management platform Funderful has raised €150,000 in a seed round of funding from Baltic accelerator StartupHighway and two angel investors.

Aiming to let anyone make or accept online payments, Plasso has raised $1.2m in a seed round from AngelList.

French crowdfunding platform Ulule has raised $5m in a series A round. The investment comes from Paris-based impact investment firm Citizen Capital, as well as insurer MAIF and BNP Paribas.

Aiming to help users sell their houses in just 90 days, Nested in a London PropTech company that just landed ?1.2m in its first round of financing.

Cloud-based tax compliance company Avalara has raised $96m in a new round that takes its total funding to more than $300m.

Mobile banking startup Zero has raised $2.5m in a seed round of funding led by ENIAC Ventures. New Enterprise Associates, Nyca Partners, Lightbank and Middleland Capital also participated.

London PropTech startup Bricklane.com has raised ?1.3m in seed funding. The pre-launch investment comes from UK online property portal Zoopla and LocalGlobal.