FinTech News

Fundraising and donor management software for non-profits Kindful has raised $3.5m in a Series A round. The investment for the Nashville-based company was led by Cultivation Capital.

Digital life insurance startup Ladder has raised $14m in its Series A round. Canaan Partners led the round with Lightspeed Venture Partners, NYCA and 8VC also contributing.

London financial news and intelligence platform CityFALCON has hit its £150,000 crowdfunding target in less than a month. The company attracted 120 investors to its campaign on Seedrs.

South Korea’s Hanwha Life Insurance has acquired a 4.1% stake in troubled peer-to-peer lending firm Lending Club. The insurer paid $66.3m for the stake.

Blockchain biometric security company HYPR has picked up $3m in a new round of funding from RTP Ventures, Boldstart Ventures and Mesh Ventures.

Charitable crowdfunding platform GoFundMe is experiencing rapid growth and announcing that the total raised through the platform now exceeds $3bn.

Anti-fraud security company ThreatMetrix has raised $30m in what it describes as a mezzanine growth capital round. The funding comes from existing backer Silicon Valley Bank.

Enterprise cross-border payments network PayCommerce has raised $22m in an investment from Tritium Partners.

South-East Asian-focused SME lender First Circle has raised $1.2m in a Seed funding round led by European investor Key Capital with 500 Startups and IMJ Investment Partners also participating.

Belgian fintech startup FX4BIZ has raised €10m in funding and pivoted its business from an SME-focused currency-transfer operator to a banking-as-a-service platform and rebrands to IbanFirst.