FinTech News

Singapore and Switzerland are teaming up to boost their respective FinTech sectors.

New York InsurTech startup Oscar is hiring Shaden Marzouk as its new chief medical officer. A neurosurgeon and US army veteran, Marzouk will replace Aran Ron in the role.

Australian payments and finance app zipMoney is acquiring personal finance management app Pocketbook for $7.5m.

Ontario-based Fusebill has raised $6m in a Series A round of funding. The capital for the SME subscription billing platform comes from individual backers.

Brazilian digital financial services firm Nubank has raised $80m in a Series D round of funding. The investment was led by DST Global.

Financial training tool PortfolioQuest has raised $750,000 in a pre-seed round of funding. The funding for the startup was led by Nels Friets and Venkatesh Sethuraman.

Indian online-to-offline real estate transaction firm Square Yards has taken on $12m in a new round of funding from the private equity are of Reliance Group.

Credit scoring company Juvo has raised $14m in a new round of venture funding. The investment comes from Freestyle Capital, Seed-Resolute and Wing Venture Capital.

Signifyd, a fraud protection provider for e-commerce businesses, has raised $19m in funding. The round comes from Menlo Ventures, TriplePoint Capital and American Express Ventures.

Financial advice startup SmartAsset has raised $12m in a Series B round of funding led by IA Capital Group. The deal also saw participation from TV Capital, Contour Ventures, Javelin Venture Partners, New York Life, Transamerica Ventures and Fitz Gate Ventures.