Infrastructure & Enterprise Software

Indonesia-based Paper.id scores $12m

Indonesia-based Paper.id scores $12m

Indonesia-based payment and invoicing solution Paper.id has reportedly raised $12m in its Series B funding round, which was led by Go-Ventures.

Thought Machine doubles valuation to $2.7bn

Cloud-native banking technology developer Thought Machine has reached a $2.7bn valuation after the close of its Series D on $160m.

iCapital Network hits $6bn valuation hot off heels of former round

iCapital Network, which is boosting access and efficiency in alternative investing industries, has scored $50m in fresh funding, which brings its valuation to $6bn.

HKMA underlines next steps in Open API Framework introduction

The Hong Kong Monetary Authority (HKMA) has revealed its implementation plan for the third and fourth phases of its Open API Framework.

Pico scores $135m in its Series C round

Pico, which builds technology services for financial markets around the world, has scored $135m in its Series C round.

Ironchip collects €1m from the VC firms Inveready and Easo Ventures

Cybersecurity startup Ironchip is set to grow internationally after securing €1m in a new round from Inveready and Easo Ventures.

AppZen scores $50m in funding round led by Coatue Management

Financial team support platform AppZen has nabbed $50m in its latest funding round to expand its platform’s offerings.

AlphaPoint pulls in $15m to tokenise assets

AlphaPoint, a FinTech company helping institutions launch trading platforms and tokenise assets with blockchain technology, has closed a $15m Series A round.

Teampay nets $4m Seed led by Crosscut Ventures co-founder

Enterprise debit card provider Teampay has netted $4m in a Seed round, to support its sales and marketing to boost customer reach, Teampay founder told FinTech Global

Warburg Pincus increases stake in Avaloq

Buyout firm Warburg Pincus has increased its stake in Swiss FinTech company Avaloq.

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.

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