Funding Platforms

Crowdfunding platform for startups Envestors raises £2m in funding

Envestors, a platform connecting investors and companies, has found its own backers to support its £2m financing round.
fintech-news

Charitable crowdfunding platform GoFundMe acquires YouCaring

Charitable crowdfunding platform GoFundMe has acquired personal fundraising company YouCaring, for an undisclosed amount.

The SEC opens up crowdfunding rules to help businesses survive COVID-19

As the coronavirus is continuously making the situation more dire for businesses, the Securities and Exchange Commission (SEC) has offered them a potential lifeline by providing temporary, conditional relief by easing the US’ crowdfunding rules.

Tinkoff launches first Russian digital buy now pay later platform

Moscow-based digital bank Tinkoff has introduced the Dolyame.ru the country first buy now pay later (BNPL) platform.

Startup investment platform CircleUP looks for $100m

Investment platform for small consumer brands CircleUp is planning to raise $100m, according to an SEC filing.

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.

Fraudio looks to continue expansion following $3.3m seed round

Dutch payment fraud detection firm Fraudio has bagged $3.3m in a seed funding round.

NanoLock Security eyes expanded footprint following $11m Series B

Israeli device protection and management firm NanoLock Security has raised $11m from a Series B funding round.

Insurify rakes in $100m from Motive Partners-led Series B

Insurance agent and comparison platform Insurify has raised $100m from a Series B round led by private equity firm Motive Partners.

Global expansion is the watchword as Picus Security secures $24m Series B

Breach and attack simulation solution Picus Security has closed a $24m Series B funding round led by investment firm Turkven.

News Stories

How the world's top banks and insurers are adopting GenAI tools

How the world’s top banks and insurers are adopting GenAI tools

In recent years, the integration of generative artificial intelligence (GenAI) tools within the financial sector has seen remarkable growth. A study conducted by ORX, a leading operational risk association, reveals that 75% of the world’s major banks and insurers are now utilizing external GenAI applications in their operations.
UK-based PeppercornAI bags £3.25m for AI-driven insurance solutions

UK-based PeppercornAI bags £3.25m for AI-driven insurance solutions

PeppercornAI, an InsurTech specialising in conversational artificial intelligence, has successfully raised £3.25m.
Encompass Corporation welcomes Stuart Barnard as new CFO

Encompass Corporation welcomes Stuart Barnard as new CFO

Encompass Corporation, a pioneer in Corporate Digital Identity (CDI), has recently announced the appointment of Stuart Barnard as its first Chief Financial Officer (CFO).
Unlocking the power of KYC Portal CLM in modern due diligence

Unlocking the power of KYC Portal CLM in modern due diligence

In the complex world of finance, due diligence is essential for protecting a company’s reputation and financial well-being. As customer demands for convenience increase and regulatory scrutiny intensifies, finding a balance is more important than ever. The solution lies in an innovative tool—KYC Portal Customer Lifecycle Management (CLM). The RegTech company recently compiled a guide on its role in enhancing due diligence processes.
Apax Digital Funds backs IANS Research with new investment to boost InfoSec services

Apax Digital Funds backs IANS Research with new investment to boost InfoSec services

IANS Research, a leading provider of independent research and advisory services for the information security industry, has just secured a significant investment from Apax Digital Fund II. 

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