Infrastructure & Enterprise Software

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Apax acquires majority stake in Solita from Vaaka Partners

Apax Partners’ growth equity vehicle The Apax Digital Fund has acquired a majority stake in Finnish digital transformation company Solita from Vaaka Partners.
ImaliPay, a global FinTech-as-a-service provider, has teamed up with third party e-commerce fulfilment solution Renda.

ImaliPay, Renda partner to support businesses in Africa

ImaliPay, a global FinTech-as-a-service provider, has teamed up with third party e-commerce fulfilment solution Renda.

PayPal to deposit $135m to tackle economic inequality in underserved communities

PayPal will deposit $135m into financial institutions and management funds to help underserved communities of colour fight economic inequality.

Flux raises $1.5m in seed funding round led by PROfounders

UK-based banking app Flux has raised $1.5m in its seed funding round, which was led by PROfounders.

Capchase closes $125m Series A round

Capchase, which is designed for recurring revenue companies, has closed its Series A on a colossal $125m, as it looks to expand operations in the UK and Spain.

Jojonomic pulls in $1.5m to take the misery out of expenses

Expenses management app Jojonomics has raised $1.5m in a round led by Maloekoe Ventures.

ECB warns that big tech entering the FinTech space could lead to security risks

The European Central Bank has warned that Europe's failure to produce big tech companies of its own to compete with American ones could leave the EU exposed and reliant on foreign providers as big tech moves into the FinTech sector.
Worksteam-HR-platform-raises-$60m-onboarding-deskless-workforce

HR platform Workstream extends Series B with additional $60m

Workstream, a mobile-first hiring and onboarding platform for the deskless workforce, has extended its Series B round with an additional close of $60m, bring the total raised in the round to $108m.

Tink inks open banking partnership with Lydia

French mobile payment app Lydia has tapped Swedish FinTech Tink to use its open banking technology, empowering it to leverage access to PSD2 APIs across Europe.
forecasting-startup-ramp-secures-$5m-to-help-teams-plan-for-the-future

Ramp secures $5m to help teams plan for the future

Ramp, a forecasting analytics startup, has raised $5m in seed funding to transform how global finance teams plan for the future.

News Stories

FinTech

FinTech investment sees uptick following two sluggish weeks

There was a climb in investment in the FinTech sector this week, with FinTech Global reporting on a total of $399m being raised across...
compliance

Will 2024 be the year of compliance technology?

As technologically-driven solutions continue to firmly pierce the financial industry and how it runs, the need for firms to maintain compliance amongst a deluge...
ZeroEyes joins Lloyd's Lab for pioneering InsurTech against gun violence

ZeroEyes joins Lloyd’s Lab for pioneering InsurTech against gun violence

In an unprecedented move, ZeroEyes, known for its pioneering AI gun detection technology, has been welcomed into the coveted Lloyd's Lab Accelerator program, marking a significant stride in InsurTech innovation.
Chubb revolutionises flood insurance: Faster quotes with new digital platform

Chubb revolutionises flood insurance: Faster quotes with new digital platform

Chubb Personal Risk Services (PRS), known for its commitment to providing exceptional insurance services, has announced the launch of an innovative self-service Flood Insurance System.
Bishop Street and Topsail Re join forces to revolutionise MGA platform with strategic joint venture

Bishop Street and Topsail Re join forces to revolutionise MGA platform with strategic joint...

Bishop Street Underwriters, a notable entity within the RedBird Capital Partners' portfolio, has formally announced a groundbreaking joint venture with Topsail Reinsurance SPC, Ltd....

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