Last week’s 32 FinTech rounds highlight how Latin America is exploding with new activity, how open banking has nudged closer to being fully adopted across Europe and the rising popularity of teen-focused ventures.
Digital credit validation and banking API developer FinTecSystems has closed its €4.5m Series B financing round.
Uber has taken another step into FinTech scene. As other big tech firms are also viewing the opportunities of the sector, the industry might change considerably.
Argyle, an employment data platform that provides companies access to employment records, has raised $55m in Series B funding.
FinTecSystems, a Munich-based provider of real-time financial data, has closed a Series A round.
Lending, credit monitoring and financial planning app Updraft has scored a £16m equity and debt funding round.
MPower, a startup aiming to improve access to clean energy and bolster financial inclusion, has collected £354,970 in a crowdfunding campaign.
Credit score company TransUnion has made a $20m Series A-1 investment into personal finance app FinLocker, alongside the establishment of a new commercial partnership agreement.
Canada-based Flinks, a financial data aggregator, has raised $1.75m in a funding round from National Bank and Luge Capital.
The European Securities and Markets Authority (ESMA) has called for evidence on the availability and use of credit rating information and data.