FinTech News

Baidu backs ZestFinance for big data credit scoring

Los Angeles-based ZestFinance has received a strategic investment form Chinese web giant Baidu.
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WealthApp pockets $440,000 for robo-investment app

Investment advisory app WealthApp Financial Advisors has raised $440,000 in angel funding. The Bengaluru-based startup aims to help users take their first steps in investment.
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Finicity picks up $42m for financial data aggregation

Real-time financial data aggregation platform Finicity has picked up $42m in new funding. Experian led the Series B round with Bridge Bank also participating.
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MoneyLion grabs $22.5m for personal finance management

Personal finance and lending platform MoneyLion has raised $22.5m in its Series A round. The funding was led by Edison Partners.
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Active Allocator hits $8m valuation through equity round

New York-based FinTech business Active Allocator has hit an $8m valuation through an early-stage equity financing round.The business aims to bring institutional quality asset allocation...
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FlexiLoans takes $15m for SMEs loans

Indian online lending platform FlexiLoans has raised $15m in a new round of funding from angel investors.
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Financeit grabs $17m to fund TD Bank acquisition

Point-of-sale financing provider Financeit has raised a $17m round of funding led by The Pritzker Organization and DNS Capital.
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Blackhawk Networks picks up Grass Roots for $118m

Blackhawk Networks, a prepaid payments company, has acquired employee and customer engagement platform Grass Roots for $118m.
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iZettle buys Scottish POS startup to beef up SME offering

Swedish mobile payments player iZettle is acquiring Scottish point of sale startup (POS) intelligentpos in a move that will expand its software offering to SMEs.

Plaid Technologies swipes $44m to connect startups to user data

Plaid Technologies, a software maker allowing FinTech businesses to access users data, has raised $44m in Series B round of funding.

News Stories

AI

AI attackers are breaking financial crime compliance

A 1993 New Yorker cartoon showed one dog telling another, "On the Internet, nobody knows you're a dog." The joke has held up rather...
FinTech

Red-letter week for FinTechs as $1bn raised across 17 deals

This week was a powerful funding week for FinTech firms, with $1.07bn raised across a healthy 17 deals. This marks a second consecutive week of...
RegTech

Why RegTech’s survival race is just beginning

The RegTech market has entered a new era. What began as an experimental space populated by agile startups has matured into a mainstream industry...
Deluxe

Deluxe acquires Celero Commerce in $625m deal

Deluxe has agreed to acquire FinTech firm Celero Commerce for $625m, in a deal that will significantly accelerate its strategic shift away from legacy...

ASIC seeks $35m as HSBC admits scam protection gaps

HSBC Bank Australia Limited (HSBC), the Australian arm of one of the world's largest banking groups, is facing a $35m penalty after admitting to...

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