WealthTech Envestnet offers $500m in convertible notes

WealthTech Envestnet offers $500m in convertible notes

Envestnet, a developer of technology and systems for wealth management and financial wellness, has priced an offering of $500m in convertible notes.
EMTECH secures $4m for its financial inclusion mission

EMTECH secures $4m for its financial inclusion mission

EMTECH, which is on a mission to drive financial inclusion around the world, has reportedly raised $4m in funding.
Atlar-raises-$5m-index-ventures-to-automate-business-banking

Atlar nets $5m to automate business banking

Atlar, a Sweden-based FinTech automating business banking, has raised $5m in seed funding led by Index Ventures.
corporate-spend-management-startup-Mendel-raises-$60m-for-growth-in-mexico

Corporate spend management startup Mendel secures $60m

Mendel, a Mexico-based B2B corporate spend management company, has raised $60m in equity and debt financing.
Loop-exits-stealth-funding-simplify-logistics-payments

Loop exits stealth on a mission to simplify logistics payments

Loop, a San Fransciso-based shipping and logistics payments platform, has raised a total of $30m through seed and Series A funding round and exited stealth.
India-based PayVEDA closes Series A

India-based PayVEDA closes Series A

PayVEDA, which helps make bill payments easier, has reportedly collected $11.5m in its Series A funding round.
Mason-retail-technology-raises-$7.5m-funding-Amazon-altnernative-2

Mason bags $7.5m for an Amazon alternative platform

Mason, a retail technology platform provider offering an alternative platform to Amazon, has raised $7.5m in seed funding.
Center-raises-funding-support-business-spending

Center secures additional $15m to support businesses

Center, a software company helping businesses gain visibility into and manage employee spending, has raised an additional $15m in Series B funding.
NatWest-partners-with-Vodeno-to-create-new-BaaS-business

NatWest partners with Vodeno to create new BaaS business

NatWest Group has entered a strategic partnership with the Vodeno Group to create a new banking-as-a-service (BaaS) business in the UK.
Maplerad emerges from stealth with banking-as-a-service

Maplerad emerges from stealth with banking-as-a-service

Nigeria-based Maplerad has reportedly raised $6m for its seed round, as it establishes a global banking-as-a-service platform aimed at Africa.

News Stories

5-questions-to-ask-during-compliance-budget-building

5 questions to ask during compliance budget building

As companies start preparing for 2023, budgets are often a major talking point. Red Oak Compliance has outlined the five questions companies need to be asking when building the compliance budget.
law

Law enforcers link in global money laundering crackdown

Law enforcement from 25 countries have linked to crack down on money mules and their recruiters.
Intuit acquires SeedFi to bolster Credit Karma solution

Intuit acquires SeedFi to bolster Credit Karma solution

Intuit, a developer of multiple leading FinTech services, has acquired SeedFi, which is the partner behind Credit Karma’s Credit Builder solution.
secjur

German compliance firm secjur lands €5.5m

secjur, a Hamburg-based provider of an AI-powered compliance automation platform, has scored €5.5m in seed financing.
FCA

FCA hits Julius Baer International with £18m fine

The Financial Conduct Authority (FCA) has slapped Julius Baer International, an investment advisory and wealth manager, with an £18m penalty.

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