Credit Scoring

India-based FinTech CRED has secured $81m in a new Series C round and bought shares worth $1.2m from employees.

Poland-based SMEO closes €4m investment to support the development of its online factoring solution for small and medium-sized businesses.

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.

Nigerian FinTech CredPal has secured $1.5m in funding to build the "American Express of Africa".

Lending, credit monitoring and financial planning app Updraft has scored a £16m equity and debt funding round.

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

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.

A City watchdog has confirmed that it has updated the guidance to support and protect vulnerable customers during the coronavirus crisis.

London-based Codat has formed a strategic partnership with Visa as the payment giant is gearing up to launch the Visa Fintech Partner Connect programme in Europe.

Challenger banks and InsurTech ventures stood out among the 23 FinTech companies that successfully raised money last week.