TTV-Capital-closes-largest-ever-fund-at-$250m-invest-in-early-stage-fintechs

TTV Capital closes its largest ever fund at $250m

TTV Capital, an early-stage FinTech venture capital firm, has closed its sixth fund at $250m to invest in early-stage FinTech companies.
SMEs

Why lack of technology is holding SMEs back

A recent study by expense management solution TripActions has found SMEs could be losing up to ?25m in extra revenue due to a lack of technology.
Quona-Capital-closes-fund-$332m-to-fund-financial-inclusion-emerging-markets

Quona Capital closes $332m fund to fuel financial inclusion in emerging markets

Quona Capital, an emerging markets venture capital firm, has closed its Fund III at $332m, which it plans to use to fund financial inclusion in emerging markets.

Capchase secures funding to help startup growth

Capchase, a provider of non-dilutive capital for recurring revenue businesses, has raised $80m in Series B funding.
Tink-Snoop-team-up-cost-of-living-crisis-uk-consumers

Tink and Snoop team up to help UK consumers tackle cost of living

Tink, European open banking platform, has partnered with money saving app Snoop to help UK customers save money on bills.
Amazon-Catalytic-Capital-venture-capital-invest-underepresented-founders-entrepreneurs

Amazon commits $150m to founders from “underrepresented backgrounds”

Amazon has revealed that its Amazon Catalytic Capital initiative will invest $150m in venture capital funds, accelerators and incubators that provide funding to entrepreneurs from underrepresented backgrounds.
Avanta-Ventures-venture-capital-$225m-fund-2

Avanta Ventures unveils $225m early stage fund

Avanta Ventures, the venture capital arm of CSAA Insurance Group, has unveiled a $225m early-stage fund II, bringing its assets under management to over $300m.

InsurTech Gateway sets out to close InsurTech funding gap with Seed Fund II

Insurtech Gateway, a champion of early-stage InsurTech startups, has completed the first close of its Seed Fund II which will support 20 teams over the next four years from pre-seed to Series A.

Real estate crowdfunding platform Foxstone scores $10m

Switzerland-based Foxstone, which offers a real estate crowdfunding platform, has reportedly raised CHF 10m ($10m) in its Series A.

HSBC addresses gender funding gap with Female Entrepreneur Fund

HSBC has launched a Female Entrepreneur Fund which will provide $1bn in lending to female-owned business over the next 12 months.

News Stories

sompo-expands-global-presence-candian-branch

Sompo International expands global presence with new Canadian branch

Sompo International, recognised globally as a leader in commercial and consumer property and casualty (re)insurance, recently announced its first foray into Canada with the inauguration of a new office in Toronto.
Weekly FinTech funding falters after strong week

Weekly FinTech funding falters after strong week

Total funding took a nose dive from last week. A total of $580m was raised across 33 FinTech funding rounds this week, compared to the $1.8bn raised the previous week.  
Chinese

Microsoft uncovers Chinese cyberespionage on US Pacific territory

A Chinese cyberespionage initiative has been detected that focuses on the essential infrastructure within Guam by Microsoft. 
regulator

Regulatory oversight in the crypto realm: A deep dive into communication practices

As crypto firms face a challenges, regulators have launched investigations into companies' GRC arrangements.
Klarna's path to profitability: Stellar Q1 results and a new partnership with Airbnb

Klarna’s path to profitability: Stellar Q1 results and a new partnership with Airbnb

Klarna, the AI-enhanced global payments network and shopping service, recently unveiled its first-quarter results, showcasing impressive growth surpassing ecommerce trends.

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