Debt/Equity Financing

Canadian VC firm closes third investment fund, raises $101m

FinTech-focused VC company Information Venture Partners has closed its third investment fund and has raised a total of $101m.

San Francisco VC firm eyes Lithuanian FinTech investment

Venture capital startup Launchpad Capital is investing up to $35m in early-stage Lithuanian startups who are looking to break into the North American market.

Michael J Fox, Ryan Reynolds and Drake among the stars backing Wealthsimple’s C$750m latest...

Canadian FinTech company Wealthsimple has raised C$750m from a funding round led by Greylock and Meritech.

MAS launches RegTech and digital schemes, commits S$42m to boost adoption

The Monetary Authority of Singapore (MAS) has introduced a RegTech grant scheme and an enhanced digital acceleration grant (DAG) program to boost tech use in the financial sector.

Vivid Money bags $60m Series B to expand across Europe

Berlin-based challenger bank Vivid Money has raised $60m from a Series B funding round led by Greenoaks.

Wasabi eyes global expansion following $112m Series C

Hot cloud storage company Wasabi has raised $112m from a Series C funding round led by Fidelity Management & Research Company.

Bunq reaches €1bn user deposit landmark, opens new German office

Dutch challenger bank Bunq has reached a milestone of €1bn in user deposits.

Viva Wallet receives Tencent backing as it bags $80m financing

Greek FinTech Viva Wallet has raised $80m in financing to bolster its loans and instant payment services.

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.

Qover snares $25m Series B to accelerate global development

Brussels-headquartered InsurTech Qover has closed a $25m Series B funding round led by Prime Ventures.

News Stories

fraud

What large organisations need to know about fraud prevention

The UK Home Office has issued guidance pertaining to the newly introduced offence of failure to prevent fraud by the Economic Crime and Corporate Transparency Act 2023, set to be enforced in nine months.
IFRS

IFRS Foundation releases guide on sustainability-related financial disclosures

The IFRS Foundation has launched a new guide to assist companies in identifying and reporting on sustainability-related risks and opportunities.
scams

How fraudsters use social engineering to empty bank accounts

Social engineering scams, particularly those involving bank impersonation, pose a significant threat to financial security.
VOOM Insurance, an InsurTech pioneer known for crafting usage-based insurance products tailored for the future of mobility, has appointed Thomas Coyne as its new head of insurance.

VOOM Insurance appoints Thomas Coyne as head of insurance

VOOM Insurance, an InsurTech pioneer known for crafting usage-based insurance products tailored for the future of mobility, has appointed Thomas Coyne as its new...
The Claims Portal, a UK Ministry of Justice-mandated service for managing personal injury claims valued between £5,000 and £25,000, has partnered with CRIF to improve user experience and modernise the claims management process.

The Claims Portal teams up with CRIF to modernise the claims management process

The Claims Portal, a UK Ministry of Justice-mandated service for managing personal injury claims valued between £5,000 and £25,000, has partnered with CRIF to...

120,000+ FinTech leaders get exclusive industry stories delivered every week

Download the free AIFinTech100 report

FREE

Download the AIFinTech100 report for 2024 with details on each solution