Funding Rounds

Nigerian FinTech Traction raises $6m in seed funding amidst expansion plans

Nigerian e-commerce platform Traction has announced that it has raised $6m in a seed investment round, as it looks to accelerate company growth. 
Ivy, an instant bank payment startup, has secured $7.7M in a seed investment round that was led by European VC Creandum. 

PayTech startup Ivy secures $7.7M in seed funding

Ivy, an instant bank payment startup, has secured $7.7M in a seed investment round that was led by European VC Creandum. 
modest-week-fintech-deals

Modest week for FinTech with almost $530m raised

This week was another modest week for funding in the FinTech sector with $530m raised. With notable performances from InsurTech companies and US-based ventures. 
Toku

Latin American PayTech Toku raises $7m seed funding

Toku, a platform seeking to revolutionise the way firms collect payments in Latin America, has scored $7m in a seed funding round.
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Latest Analysis

News Stories

Strong week in the FinTech sector with $1.7bn raised

FinTech Global this week reported on 21 recorded deals in the FinTech sector, with a strong showing in the reinsurance space bringing the total value recorded over $1bn.

EU regulator suggests revamp in sustainable investment rules

The ESMA has recently recommended a significant overhaul of the Sustainable Finance Disclosure Regulation (SFDR) within the EU.
MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

MNT-Halan expands into Turkey with acquisition of Tam Finans

MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

EU banks and insurers lag in green compliance, PwC study finds

A recent PwC study has uncovered a striking deficiency in the alignment of financial institutions’ activities with the EU's taxonomy for sustainable activities. According...
India

India’s new climate finance taxonomy to propel green transition

India is poised to implement a climate finance taxonomy, as announced by the Minister of Finance, Nirmala Sitharaman, during the annual budget.
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