FinTech News

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.
fintech insurtech wealthtech regtech ai cybertech esg news

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.

MC Payments lands $4.4m for digital payments

Singapore-based payments solutions Mobile Credit Payment (MC Payment) has raised S$6m ($4.4m) in Series B financing.

SelfScore pockets $7.1m to serve international students

SelfScore, a financial services startups for international students, has raised $7.1m in a new round of funding led by Pelion Venture Partners.
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Ignition Wealth raises $762,000 from financial planning veteran

Robo-advisor Ignition wealth has raised Aus$1m ($762,000) in its first round of venture funding from financial planning expert Barry Lambert.

Four major banks partner to push blockchain transactions

Four of the world largest banks are partnering to develop a digital currency with the aim of creating an industry standard for blockchain-enabled trades and transactions.

SigOpt takes $6.6m for research optimisation

SigOpt has raised $6.6m in a Series A round led by Silicon Valley heavy weight Andreessen Horowitz.
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Peer-to-peer InsurTech startup Lemonade grabs funding

Peer-to-peer insurance company Lemonade has raised a new round of funding from XL Innovate, the venture capital arm of insurance firm XL Catlin. The size of the round is undisclosed.

News Stories

FinTech

Here are the 17 deals recorded by FinTechs this week – read them all...

There was a total of 17 deals in the FinTech sector recorded by FinTech Global this week, with $914m raised across all of them. The...
Why insurance innovation keeps failing — and how mea Platform is changing this

Why insurance innovation keeps failing — and how mea Platform is changing this

Despite years of digital transformation and rising AI adoption, insurance operations remain largely unchanged, but mea Platform believes it is changing the game. Across the...
Producerflow takes aim at licensing chaos with Partner Portal

Producerflow takes aim at licensing chaos with Partner Portal

Producerflow has launched Partner Portal, a self-service workspace intended to overhaul how carriers work with their distribution partners. The Producerflow product is built and operated...

Tokenised stocks expose a looming tax compliance gap

The migration of traditional equities onto blockchain infrastructure is shifting from experimentation into institutional reality, and according to RegTech firm TAINA Technology, the industry...
Insurance agility crisis: why insurers can't keep pace with risk

Insurance agility crisis: why insurers can’t keep pace with risk

The insurance industry has spent years preparing for what comes next. The trouble, according to InsurTech decisioning specialist Earnix, is that what comes next...

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