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fintech-news

MPOWER nabs $6m to finance international students

MPOWER Financing has raised $6m in a Series A round led by private equity firm Zephyr Peacock India. The Washington DC and Bangalore-based company aims to help finance international students.

Dubai’s BNPL platform tabby scores $50m

Dubai-based buy now, pay later platform tabby has secured $50m in its debt financing round from Partners for Growth.

Klarna could face $30bn down round

European FinTech giant Klarna is reportedly about to suffer a valuation drop of $30bn as it seeks fresh investment.

Visa invests into and partners with Japan-based Paidy

Japanese payment solution Paidy has received an investment from Visa, alongside the formation of a new partnership between the pair.

Loan crowdfunding platform Honeycomb Credit hits $1.75m close for its seed round

Honeycomb Credit, which claims to be the first of its kind loan crowdfunding platform, has scored $1.75m in its seed round.

Buy now pay later platform Split secures its seed funding round

Split, a FinTech helping those in Singapore and Malaysia to split payments into monthly instalments, has reportedly closed its seed funding round on an undisclosed amount.

VIVA Finance bags $6.2m Series A to expand US presence

Atlanta-based FinTech VIVA Finance has secured $6.2m in Series A funding to scale its geographical and marketing presence in the United States.

Sunlight Financial scores $130m for solar financing

Sunlight Financial has raised $130m for its residential solar systems financing platform. The investment comes from Tandem and Moven backer Route 66.

Point-of-sale financing provider Financeit raises capital from existing shareholder

Point-of-sale-financing solution Financeit has received an investment from existing shareholder Goldman Sachs.
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Mortgage lender Nexera lands Warburg Pincus investment

Mortgage lender Nexera Holdings has received a ‘significant growth investment’ from funds affiliated with global private equity firm Warburg Pincus.

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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