Cybersecurity, InsurTech and neobank ventures led the 29 FinTech rounds raised last week
Out of the 29 FinTech funding rounds we reported on last week, cybersecurity companies, InsurTechs and challenger banks were among the clear winners.
The US Department of Justice steps in on Intuit’s $7.1bn acquisition of Credit Karma...
The US Department of Justice has announced Credit Karma must divest its tax business to Square, if it wishes to complete its $7.1bn acquisition by Intuit.
Paysme secures £268,520 in oversubscribed crowdfunding round
The SME-focused FinTech startup Paysme has already banged through its original target by securing £268,520 on its Seedrs campaign, and it's not over yet.
Alternative lending platform Ibancar secures €1.65m round to support European growth
Cloud-based consumer credit platform Ibancar has netted €1.65m in its new equity round, which will help it expand across Europe.
Agriculture FinTech startup TerraMagna has raised its seed round
TerraMagna, an agriculture FinTech company, has closed its seed round on an undisclosed amount.
Kredivo receives $100m debt facility to increase its own lending capacity
Kredivo, a digital credit platform for retail borrowers in Indonesia, has secured up to $100m in a debt facility to facilitate more consumer loans.
Brazil’s Facio said to raise $5m in its seed round
Brazil-based Facio, which provides tools to improve the financial wellbeing of employees, has reportedly raised $5m in its seed round.
Incuto bags £1.75m in funding round to support its growth in the UK
Incuto, which aims to provide everyone with access to affordable finance, has closed a £1.75m funding round.
Finiata said to raise €7m in its funding round
Finiata, which helps businesses with their cashflow problems, has reportedly received €7m in its funding round.
Challenger bank AideXa bags €45m in new funding
Italian neobank AideXa has secured €45m in seed capital to create a FinTech company focused on small businesses.
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