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What these 25 funding rounds tell you about where the FinTech industry is going

Cybersecurity has had a big funding week with ReliaQuest picking up the biggest round last week, but several challenger banks and InsurTech ventures also bagged considerable cash injections.

What will tech titans entering the FinTech sector mean for competition, talent and the...

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.

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.

The Swedish Financial Supervisory Authority grants neobank Northmill Swedish banking licence

Having nabbed a Swedish banking licence, neobank Nortmill is gearing up to add saving accounts, cards and payments transfer to its existing customer offering in the near future.

Juvo to help the unbanked through new partnership with DOCOMO

Juvo will combine its financial identity and credit lending capabilities with DOCOMO Digital’s payment platform as part of new partnership.

Credit score platform Grow Credit collects $2m in seed round

Grow Credit, which helps consumers to build their credit and access financial services, has bagged $2m in its seed round.

Credit Mantri said to raise around $8m in new funding round

India-based Credit Mantri has reportedly collected INR 6 crore ($800,000) from IDG Ventures, Elevar Equity and Accion.

Nova Credit nets $50m in equity round

Nova Credit, a cross-border consumer credit reporting company, has netted $50m in an equity financing round.

TomoCredit has secured $7m in a new financing round

US-based credit card company TomoCredit has secured a $7m cash injection.

Anyfin investigated by Swedish Consumer Agency again

FinTech Anyfin has found itself in the Swedish Consumer Agency's crosshairs again after two new commercials possibly broke the law.

News Stories

This week's overall FinTech funding surpassed $1bn as the sector continued its forward momentum.

FinTech funding surpasses $1bn on strong week for the sector

This week's overall FinTech funding surpassed $1bn as the sector continued its forward momentum. Overall, 21 deals took place over the past seven days, with...
Intelligent AI and BCIS launch AI-driven platform to revolutionise property rebuild cost assessments

Intelligent AI and BCIS launch AI-driven platform to revolutionise property rebuild cost assessments

Intelligent AI, an InsurTech leader, has formed a strategic partnership with the Building Cost Information Service (BCIS), a renowned entity with over six decades of expertise in compiling and analysing construction costs.
Lakeside Bank partners with Volante Technologies to revolutionise real-time payments

Lakeside Bank partners with Volante Technologies to revolutionise real-time payments

Lakeside Bank and Volante Technologies have embarked on a strategic partnership aimed at transforming Lakeside's payment processing capabilities.
Relyance AI's $32m funding boost aims to revolutionize AI data governance in enterprises

Relyance AI’s $32m funding boost aims to revolutionize AI data governance in enterprises

Relyance AI, a leader in AI-powered data governance, announced a significant $32.1m Series B funding round led by Thomvest Ventures, with substantial contributions from M12, Microsoft Ventures Fund.
AI-driven Numeric raises $28m to enhance real-time accounting solutions

AI-driven Numeric raises $28m to enhance real-time accounting solutions

Numeric, an innovative AI accounting automation platform headquartered in San Francisco and New York, has successfully closed a $28m Series A funding round.

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