Market Updates

UK FinTech firm Revolut has widened its market presence after it rolled out a booking service for the travel industry.

With the impending risk of climate change and its economic and financial impact, environmental sustainability has become a societal responsibility and business reality. However, more needs to be done for banks to incorporate sustainability into their business strategies.

Out of the 33 FinTech funding rounds we reported on last week, PayTech companies and lending enterprises were the clear winners.

The FinTech space continues to grow with no sign of slowing down and the 29 rounds raised week prove that, with cryptocurrency companies and InsurTechs being the leading sub-sectors.

Our weekly roundup of the big FinTech trends from the past seven days is all you need to keep yourself updated on what’s happening in the industry.

While Nubank’s massive Series G round and Klarna's $40bn valuation may have secured the most headlines last week, CyberTech and cryptocurrency ventures bagged the most capital injections.

InsurTech companies continued their winning streak last week among the 37 FinTechs that raised big rounds.

CyberTech ventures, Deadpool-backed enterprises, and InsurTech startups are among the big winners of the 25 FinTech funding rounds reported last week.

A Jared Leto-backed startup, family-focused FinTech firms and corporate spend management companies were among the big winners of the 42 funding rounds reported on last week.

FinTech companies continue to blaze a trail with CyberTech and InsurTech enterprises in the lead. The 34 ventures in the sector that topped up their accounts last week prove that.