Jai Kisan banks $30m to boost financial services in rural India
Rural FinTech startup which provides digital financial services for online and offline, income-generating, rural commerce transactions Jai Kisan has raised $30m in a combination of equity and debt in funding led by Mirae Asset.
How cybersecurity startups and neobanks scooped the most funds among last week’s 42 investment...
While Covid-19 continues to haunt us, the FinTech industry continues to rake in millions of dollars. Neobanks and cybersecurity companies were the top-scoring sectors to raise investment among the 42 rounds that FinTech Global reported on last week.
French FinTech company TagPay bags €25m in new funding
France-based TagPay, which offers a open core banking system for financial service providers, has collected €25m in its latest funding round.
Stavvy pulls in $40m Series A, teams with Flagstar to boost Covid-19 loan relief
US FinTech Stavvy has secured $40m from a Series A financing round led by Morningside Technology Ventures.
Banks more trusted than FinTechs and Big Tech, US survey reveals
A Bank for International Settlements (BIS) survey has found US citizens trust banks more than FinTechs, government agencies and Big Data to protect their personal data.
Addi secures $65m funding, enters strategic partnership with Santander
Columbian buy now, pay later (BNPL) firm Addi has snared $65m in debt and equity funding.
Wayflyer lands $76m to provide revenue-based financing to e-commerce merchants
Ireland-based provider of e-commerce growth platform Wayflyer scored $76m in Series A funding.
Clara eyes LatAm expansion following $30m Series A
Mexican card and spend management company Clara has closed a $30m Series A round led by DST Global Partners.
Axle scores $10m Series A to support freight and logistics companies digitise financial operations
All-in-one financial platform for freight and logistics companies Axle closed its Series A round on $10m.
Does regulation pose a threat to buy now, pay later market growth?
The BNPL market has seen a financial boon in recent years, creating market leading behemoths like Klarna, Affirm and Afterpay – who are all recording strong growth on the back of clear market demand. Could a growing call for regulation in the sector change this?