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.

Three ways FinTechs are leaning into PayTech innovation

In the wake of COVID-19, research suggests FinTech companies are experiencing a strong growth spurt giving them the opportunity to innovate like never before.

Pipe earns the horn after netting $250m to help companies with recurring revenue streams

Trading platform for recurring revenue streams Pipe brought in an oversubscribed $250m strategic equity fund investment to value the company at $2bn.

German open banking firm Finleap Connect bags €22m Series A

Open banking platform Finleap Connect has secured €22m from a Series A funding round led by SBI Investment.

Zepz looks to new geographies following $292m Series E

UK cross-border payments platform Zepz has secured $292m from a Series E funding round that has pushed its valuation up to $5bn.

EquityBee snags $55m from Group 11-led Series B

California-based firm EquityBee has raised $55m from a Series B funding round led by venture capital firm Group 11.

Owl.co nets $30m Series B to expand insurance platform

Insurance claims monitoring platform Owl.co has raised $30m in a Series B funding round led by Cota Capital.

PayTech Papaya squeezes $50m from Series B to continue expansion

Mobile bill payment application Papaya has raised $50m from a Series B funding round headed by Bessemer Venture Partners.

NatWest backs LiveMore Capital in £275m credit facility

LiveMore Capital, a mortgage lender to the over-50s, has secured a £275m credit facility from NatWest.
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Seedrs raises £6m through crowdfunding, valuing business at £50m

UK-based crowdfunding platform Seedrs has closed a £10m financing round by raising £6m from its own crowdfunding platform. Seedrs said the new investment round, which...

News Stories

fraud

Tackling account takeover fraud: Detecting signs and implementing prevention strategies

In a recent post by Alessa, the company detailed how businesses can tackle account takeover fraud and ways to detect signs of it. 
reimagining-digital-transformation

Reimagining digital transformation: the strategic approach by Ushur

Simha Sadasiva, CEO and founder of AI-powered customer experience automation platform, Ushur, unveils a novel perspective on digital transformation, arguing for a customer-centric, gradual and cost-effective approach to modernisation.
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. 

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