FinTech News

SelfScore, a financial services startups for international students, has raised $7.1m in a new round of funding led by Pelion Venture Partners.

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

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 has raised $6.6m in a Series A round led by Silicon Valley heavy weight Andreessen Horowitz.

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.

Work management and financial tools startup Scoro has raised $1.9m in a seed round of funding.

Spanish bank BBVA is complaining to the European Commission, expressing its concerns that regulation pertaining to EU caps on bankers' bonuses are damaging its ability to attract tech talent.

Canadian VC firm Impression Ventures has reached a close for its second FinTech fund at C$20m ($15.5m).

South-East Asian payments gateway Coda Payments has raised $2m in a new round of funding from IMJ Investment Partners.

London-based investment management firm Octopus Investments is launching a new FinTech-dedicated accelerator out of its Octopus Labs division.