TomoCredit has secured $7m in a new financing round
US-based credit card company TomoCredit has secured a $7m cash injection.
Singapore-based Finbots.AI scores $3m for its credit risk solution
Singapore-based Finbots.AI, which helps firms better handle credit risk, has collected $3m in its Series A funding round.
Credit solution platform Cortera raises $10m in its Series B
Cortera, which provides credit data solutions, has raised $10m in its Series B which was led by Hearst Fitch Group Financial Venture Fund.
Robert Bell of 86 400 believes that open banking wont show any effects for...
If everything goes according to plan, then Australia will introduce open banking in July. The founder of neobank 86 400 cannot wait, but believes the benefits will take some time to manifest.
Monedo has filed for bankruptcy because of the coronavirus
Another German FinTech giant bites the dust with Monedo filing for bankruptcy after the pressures of Covid-19 became too much for the once celebrated company backed by investors like Peter Thiel and Naspers.
Starling secures lender accreditation for UK Recovery Loan Scheme
Starling Bank has received accreditation by the British Business Bank to be a lender under the UK government-backed Recovery Loan Scheme (RLS).
Chinese credit assessment startup Wecash lands $80m
Chinese online credit evaluation platform Wecash has raised $80m in a Series C round from China Merchants Innovation Investment Management, Forebright Capital Management and SIG.
How Carbon overcame the challenges of setting up a FinTech startup to support Nigeria’s...
Nigeria is at the centre of Africa’s FinTech revolution. Native Carbon aims to play a pivotal role in creating a thriving ecosystem where men and women have access to financial services.
ClearScore unveils new Credit For Key Workers initiative
In a time when the UK relies on key workers to keep the country running, many of these professionals have seen the credit offerings available to them reduced, which is something ClearScore hopes to change with its new initiative.
Do these 34 FinTech funding rounds suggest Covid-19 influences investment trends?
Fraud-fighting RegTechs and digital payment providers were among the 34 rounds raised by the FinTech industry last week, areas that are becoming more important during the pandemic.
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