Infrastructure & Enterprise Software

Japanese banking giant MUFG launches JPY20bn FinTech fund

Japanese banking giant Mitsubishi UFJ Financial Group (MUFG) has launched a JPY20bn ($185m) FinTech-focused venture capital fund targeting US and Asian startups.

Financial planning software developer Vena Solutions gets $115m equity financing

Cloud-based financial planning and analysis software developer Vena Solutions has picked up $115m of equity financing led by JMI Equity.

OneDigital Health acquires Cherry Creek Benefits

Employee benefits and HR company OneDigital Health and Benefits has acquired fellow operator in the space Cherry Creek Benefits.

Underscore VC’s Fund II goal in sight after raising over $132m

Boston-based Underscore.VC has raised over $132m for its sophmore venture capital fund, setting it just a few million dollars away from its fundraising goal. The...

VC-backed Invoice Cloud gets General Atlantic investment

Vertical software, billing, and payments solutions provider Invoice Cloud has seen global growth equity firm General Atlantic buy up a majority stake in the business.

China’s Dongguan launches CNY1.5bn fund of funds to boost fintech, cutting edge industry

The Chinese city of Dongguan has launched a CNY1.5bn ($217m) fund of funds vehicle looking to boost investment in the region across areas including fintech, smart manufacturing and mass consumption.

Plaid powers to $2.65bn valuation through hefty Series C financing round

Plaid, which specialises in tech and development tools for financial services software and apps, has hit a huge $2.65bn valuation through its latest financing round.

Entertainment industry payroll software provider Cast & Crew changes private equity hands

EQT is the latest private equity owner of entertainment industry payroll and HR tech developer Cast & Crew Entertainment Services, after agreeing a buyout from global tech investment major Silver Lake.

KKR leads $100m funding round for FinTech-focused Cross River Bank

KKR has led a $100m funding round in FinTech-focused Cross River Bank, committing $75m primarily from its Private Credit Opportunities Partners II vehicle. KKR was joined in the...

FinTech-focused Cross River Bank gets $100m KKR-led funding round

FinTech-focused banking-as-a-service provider Cross River Bank has picked up a $100m funding round led by private equity giant KKR.

News Stories

Over $3bn raised in this week's 29 FinTech funding rounds

Over $3bn raised in this week’s 29 FinTech funding rounds

Over $3bn was raised by FinTech companies this week, supercharged by a colossal €1.5bn raised by UK-based SumUp. 
Intellect Design Arena welcomes Rajesh Mehta to enhance transaction banking strategy

Intellect Design Arena welcomes Rajesh Mehta to enhance transaction banking strategy

Intellect Design Arena, a pioneering FinTech company known for its cloud-native, API-led microservices-based multi-product platforms, has appointed Rajesh Mehta to its Growth Advisory Board.
League data and Mambu revolutionize Canadian credit unions with new digital banking platform

League data and Mambu revolutionize Canadian credit unions with new digital banking platform

League Data and Mambu have embarked on a groundbreaking journey to transform the Canadian financial landscape by introducing advanced cloud banking solutions to credit unions.
Fingerprint and Oscilar unite to enhance fraud prevention in FinTech

Fingerprint and Oscilar unite to enhance fraud prevention in FinTech

Fingerprint, known as the world's most accurate device intelligence platform, is partnering with Oscilar, a leader in AI-driven risk and fraud management.
Open English and dLocal forge strategic partnership to revolutionise local payments in emerging markets

Open English and dLocal forge strategic partnership to revolutionise local payments in emerging markets

Open English, an online English-learning platform operating in over 30 countries, and dLocal, a leading cross-border payment platform specializing in high-growth markets, have recently announced a significant partnership.

Download the free AIFinTech100 report

FREE

Download the AIFinTech100 report for 2023 with details on each solution

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