Infrastructure & Enterprise Software

The FinTech trends to watch out for in 2022

A recent blogpost by cross-border payments firm Currencycloud has outlined its predictions for the FinTech trends to look out for in 2022.

Finclusion lands funding to fuel African neobank offering

Finclusion Group, a FinTech that aims to boost financial inclusion in sub-saharan Africa, has raised $20m amid a period of growth in startups in the region.

Ghanaian FinTech Float scores $17m seed round

Ghana-based FinTech company Float, which helps SMEs manage cashflow, has reportedly collected $17m in its seed round.

French-FinTech Spendesk bags extends Series C

Spendesk, which styles itself as a seven-in-one spend management solution for SMBs, has collected €100m in an extension to its Series C round.

FinTech Farm herds $7.4m in seed funding raise

London-based firm FinTech Farm has secured $7.4m from a seed funding round co-led by Flyer One Ventures and Solid.

Amazon backtracks Visa ban

Amazon has shelved its plans to stop accepting Visa credit cards and is instead working on a “potential solution” to allow customers to continue using them.

Itaú Unibanco snaps up stake in broker Ideal for $118m

Brazilian bank Itaú Unibanco is set to acquire a stake in digital and cloud-based brokerage firm Ideal.

Akulaku mulls going public

Indonesia-based digital finance platform Akulaku is considering a merger with special purpose acquisition company (SPAC) Catcha Investment Corp, according to a report by PYMNTS.

FPL secures funding to foster a credit-savvy population in India

India-based FinTech FPL Technologies has raised $75m in a Series C funding round, a report by FinTech Futures has revealed.

Asaak lands funding to support gig workers in Africa

Uganda-based asset financing startup Asaak has raised $30m in pre-Series A equity and debt funding, a report from TechCrunch has revealed.

News Stories

FinTech funding declines by 63% in Q2 2024 as average deal size increases

FinTech deals drop by two-thirds during Q2 as investors back fewer but larger deals

Key global FinTech investment stats in Q2 2024: Global FinTech deal activity reduced by two-thirds in Q2 2024 YoY Average deal size increased to...
Australian FinTech funding rises 4x in Q2 2024 despite drop in deal size

Australian FinTech market on the bounce back as funding increases over 4x in Q2...

Key Australian FinTech investment stats in Q2 2024: Australian FinTech funding in the second quarter increased by 4x compared to the opening quarter of...
Ushur, a leader in AI-powered Customer Experience Automation (CXA), has announced the launch of its new end-to-end solution designed specifically for insurance carriers offering group and worksite benefits.

Ushur enhances customer experience with new end-to-end solution for insurance carriers

Ushur, a leader in AI-powered Customer Experience Automation (CXA), has announced the launch of its new end-to-end solution designed specifically for insurance carriers offering group and worksite benefits.
UK leads CyberTech deal volume in Europe as funding grows in 2024

UK claimed top spot for CyberTech deal volume in Europe for H1 as investors...

European CyberTech investment stats in H1 2024: European CyberTech funding increased by 28% YoY UK emerged as the most active country for CyberTech deals...
RT Specialty, a leading wholesale distributor of specialty insurance products and services, has announced several leadership team appointments effective October 1, 2024.

RT Specialty announces swathe of leadership team appointments

RT Specialty, a leading wholesale distributor of specialty insurance products and services, has announced several leadership team appointments effective October 1, 2024.

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