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Online lender Spotcap nets €22m funding from existing backers

Germany-based online lender Spotcap has netted €22m in funding from its existing investors.

Home equity, blockchain fintech business Figure gets $65m Series B

Home equity and blockchain fintech startup Figure Technologies has picked up $65m of Series B funding to kick off its second year of operation.

NatWest lets customers set transfer limits to reduce payment scam damage

NatWest is now allowing customers to establish their own daily digital bank transfer limits to reduce the impact caused by authorised push payment (APP) scams.

SoFi scoops up $500m to expand into Canada and Australia

Lending disruptor SoFi has landed $500m in a new haul of funding led by private equity investor Silver Lake. Softbank and GPI Capital also participated in the Series F round.
fintech-news

FinMkt closes $5m equity round led by ManchesterStory

Lending technology and infrastructure system FinMkt has closed a $5m equity round led by ManchesterStory Group.

ZestMoney said to raise $15m in Series B

POS lending platform ZestMoney has reportedly raised $15m in a Series B round led by Goldman Sachs.

Point-of-sale payment platform Loanpal nets $800m funding round

Point-of-sale payment platform Loanpal has bagged more than $800m in a funding round led by NEA and WestCap Group.

Germany-based fintus receives investment from private equity firm

German FinTech company fintus, a low-code software designed to simplify lending processes, has secured an investment from mid-market private equity firm AnaCap Financial Partners.

Finova Capital raises $6m from Sequoia India

Jaipur-based non-banking financial company Finova Capital has raised $6m over two tranches from Sequoia India.

Acima Credit collects £125m credit facility from Comvest

Acima Credit, a POS financing provider, has collected a £125m senior credit facility from Comvest Credit Partners.

News Stories

Salt Bank selects Napier AI to enhance AML compliance for Romania’s first digital bank

Salt Bank selects Napier AI to enhance AML compliance for Romania’s first digital bank

Napier AI, a London-based RegTech specialising in financial crime compliance, has partnered with Salt Bank, the first Romanian neobank and the fastest-growing in Southeastern Europe.
FCA finalises sustainability disclosure rules to tackle greenwashing

FCA finalises sustainability disclosure rules to tackle greenwashing

The UK Financial Conduct Authority (FCA) has published a policy statement confirming the final rules under the Sustainability Disclosure Requirements (SDR) and investment labels regime.
Endava partners with Finexos to revolutionise AI-driven credit risk management

Endava partners with Finexos to revolutionise AI-driven credit risk management

Endava, a leading technology services company combining world-class engineering, industry expertise, and a people-centric mindset, has announced its partnership with Finexos, an AI-powered credit risk and analytics platform.
DKK Partners and Seed Group collaborate to enhance financial connectivity in MENA

DKK Partners and Seed Group collaborate to enhance financial connectivity in MENA

DKK Partners, a leading FinTech company specialising in emerging markets and foreign exchange liquidity, has partnered with Seed Group, a company of the Private Office of Sheikh Saeed bin Ahmed Al Maktoum, based in Dubai.
Encompass Corporation appoints Nynke Postma as Head of Business Development

Encompass Corporation appoints Nynke Postma as Head of Business Development

Encompass Corporation, a leader in Corporate Digital Identity (CDI), has appointed Nynke Postma, the founder and former CEO of Blacksmith KYC, as the new...

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