Stem secures $10m funding round

Distribution and payments platform Stem has collected $10m in a funding round led by Slow Ventures.

P2P loan platform Flender said to raise €75m in funding

Ireland-based P2P lender Flender has reportedly secured a €75m investment to increase its lending capabilities, according to a report from the Irish Times.

Black Dragon sells stake in Indus to Ebix for $29m

Private equity firm Black Dragon Capital has sold its share in Indus Software Technologies to Ebix, in a deal worth $29m.
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Online financier Behalf lands $150m in debt financing

Behalf, a provider of working capital solutions for small and medium-sized businesses, announced today that it has secured $150m in debt financing.

Lending platform CrediFiable receives round from Kae Capital

Digital lending platform CrediFiable has received an undisclosed investment from Kae Capital.

MortgageGym secures ?2m for regulator-friendly robo-advisor

Mortgage robo-advisor MortgageGym has raised ?2m in a Seed funding round ahead of its launch in the summer.
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FundThrough pockets $18.6m for invoice financing

Canadian SME financing startup FundThrough has raised $18.6m (C$24.6) in a Series B round of funding led by Scale Up Ventures.

Auto loan refinancer Caribou joins unicorn club

Caribou, which helps consumers save money on auto loans, has joined the unicorn club after the close of an oversubscribed Series C round, which closed on $115m.

Fronted said to close £1m in its funding round

Fronted, which enables renters to pay their rental deposit in monthly chunks rather than one lump sum, has reportedly bagged £1m in funding.

27 FinTech funding rounds from the last week that could show how a post-coronavirus...

From InsurTech startups to cybersecurity ventures, the past week has seen several FinTech firms find funding to help them grow despite the global pandemic.

News Stories

InsurTechs pull in strong funding in this week’s 32 funding rounds

InsurTechs pull in strong funding in this week’s 32 funding rounds

This week proved to be a red-letter week for InsurTechs, with two of the top three deals going to companies in the insurance space.
PIMFA advocates for a refresh of the UK's retail investment market

PIMFA advocates for a refresh of the UK’s retail investment market

PIMFA, a significant voice in the WealthTech industry, is urging the UK Government to leverage a 'generational' opportunity to invigorate the UK retail investment market. This call to action comes six months after the introduction of the significant Edinburgh Reforms.
BNY Mellon and MoCaFi join forces to bolster financial inclusion in the US

BNY Mellon and MoCaFi join forces to bolster financial inclusion in the US

BNY Mellon, America's oldest bank with a rich history dating back to 1784, and MoCaFi, an impactful FinTech platform established to empower traditionally underserved communities, have forged a strategic alliance aimed at enhancing financial inclusivity across the U.S.
Revolutionising DeFi access MetaMask Institutional and Fireblocks' integration

Revolutionising DeFi access: MetaMask Institutional and Fireblocks’ integration”

MetaMask Institutional, a branch of ConsenSys and a leading force in web3 wallet services for organisations, is integrating with Fireblocks, a trusted platform for enterprise-grade wallet security and transaction governance.
American Express and Plaid initiate customer-focused digital banking upgrade

American Express and Plaid initiate customer-focused digital banking upgrade

New York-based financial services corporation, American Express, and data network firm, Plaid, have announced a customer-permissioned data sharing agreement set to enhance digital finance options.

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