FinTech News

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Luminance soaks up $3m for AI-driven due diligence

Artificial intelligence-driven due diligence processor Luminance has raised $3m in a new round of funding from Invoke Capital Partners.
fintech insurtech wealthtech regtech ai cybertech esg news

SocietyOne ropes in Beyond Bank for $1.5m investment

Australian peer-to-peer lending platform SocietyOne is partnering with Beyond Bank Australia.
fintech insurtech wealthtech regtech ai cybertech esg news

Juzhen rakes in $23m in largest Asian blockchain round

Blockchain post-trade startup Juzhen Financials has raised $23m in a Series A round of funding. The investment was led by Wanxiang Holdings.
fintech insurtech wealthtech regtech ai cybertech esg news

UangTeman pulls in funding to process more micro-loans

Indonesian micro-lending firm UangTeman has raised an undisclosed pre-series A round in equity funding.
fintech insurtech wealthtech regtech ai cybertech esg news

Brolly scores seed funding to smarten up insurance

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 collects $40m to ‘extend leadership in cloud security market’

Skyhigh Networks, which enables enterprises to adopt cloud services while meeting their security, compliance, and governance requirements, has closed a $40m Series D round.
fintech insurtech wealthtech regtech ai cybertech esg news

PE fund backs Kenyan payments firm DPO Group

East African payments processor Direct Pay Online Group (DPO Group) has received an investment from Apis Partners.
fintech insurtech wealthtech regtech ai cybertech esg news

Funderful gets €150k to suck more cash from graduates

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

Plasso lands $1.2m for code-free online payments

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

French crowdfunding platform Ulule picks up $5m

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.

News Stories

The $bn water risk problem insurers can no longer ignore

The billion dollar water risk problem insurers can no longer ignore

Water damage remains one of the most underestimated risks facing modern buildings, creating significant challenges for insurers, property owners and facilities managers as hidden...
FinTech

Investors turn up the heat with $1.9bn raised in FinTech this week

Across the 19 deals reported on by FinTech Global this week, there was a grand total of $1.95bn raised by FinTech firms, reflecting a...
Why banks can't afford years-long payments overhauls

Why banks can’t afford years-long payments overhauls

Payments modernisation has become the defining boardroom debate in banking, and according to Tieto, the banks that move in months rather than years will...
Why the annual review may become a premium service

Why the annual review may become a premium service

The annual review is itself under review, and according to WealthTech provider Ortec Finance, the commercial consequences could be profound. The Financial Conduct Authority's consultation...
Why affidavits of unchanged status matter for W-8 compliance

Why affidavits of unchanged status matter for W-8 compliance

Firms handling cross-border payments face mounting pressure to keep payee documentation accurate, and according to compliance specialist Comply Exchange, affidavits of unchanged status are...

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