Infrastructure & Enterprise Software

Intesa Sanpaolo invests digital banking dev Thought Machine

Italian bank Intesa Sanpaolo has invested ?40m into UK-headquartered Thought Machine, a developer of cloud-native core banking infrastructure.

Arex secures €8.8m Series A to speed up UK, Spain rollout

Spanish invoice finance firm Arex Markets has bagged $8.8m in a Series A funding round that has enabled it to accelerate its launch in the UK and Spain.

Melio reaches unicorn status after the close of $110m round

Melio, which helps small businesses digitally manage their supplier payments, has collected $110m in funding, shooting its valuation to $1.3bn.

Tax app Coconut bags ?2.4m in a crowdfunding platform

Invoicing and tax app Coconut has bagged ?2.4m in its crowdfunding campaign, after achieving three-times growth over the past 12 months.

Thailand-based Lightnet closes Series A round on $31.2m

Lightnet, a financial network supporting payments and remittances, has closed its Series A round on $31.2m.

Japan-based freee collects $60m in Series E round

Japanese FinTech startup freee has collected $60m in its Series E round of funding to accelerate the development of its small business platform.
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Mighty closes $114m in latest funding

Mighty, a B2B software platform to support the legal and medical funding process, has reportedly secured $114m in funding.
fintech-news

Expenses and invoicing solution Chrome River said to bag $35m round

Expense reporting and invoice management solution Chrome River Technologies has reportedly received $35m in a new funding round.
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LMRKTS receives funding round from IFC and Motive Partners

LMRKTS has received an investment from World Bank Group member International Finance Corporation.
Brightside nets $33m to boost employee financial care

Brightside nets $33m to boost employee financial care

Brightside, a financial care platform for employers, has closed its Series B funding round on $33m, as it looks to enhance its AI-powered solution.

News Stories

LendingClub reveals the strain of seasonal expenses on US financial health

LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, and PYMNTS Intelligence have partnered to shed light on the financial challenges faced by US consumers.
Praxent

Robin Smith takes on Chief Revenue Officer role at Praxent

Praxent, a financial services digital consultancy, has expanded its leadership by ushering in Robin Smith as Chief Revenue Officer. Smith, an enthusiast of FinTech and...
ESMA

ESMA shifts focus: Navigating the digital and green transitions in 2024

The European Securities and Markets Authority (ESMA) has recently unveiled its work programme for 2024.
This week saw the FinTech sector flounder compared to seven days ago, as the space failed to meet the $1bn mark in deals completed.

FinTech sector drops this week with only 24 deals

This week saw the FinTech sector flounder compared to seven days ago, as the space failed to meet the $1bn mark in deals completed.
SEC

SEC reviews Scope 3 emissions in upcoming climate disclosure rules

The U.S. SEC has received feedback against the inclusion of Scope 3 emissions in their proposed climate disclosure rule.

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