Sector Updates

Study finds majority of SMEs want human-digital hybrid banking approach

A study by Cynergy Bank has found up to 78% of SMEs want the digital transformation of banking to be balanced with a human constituent to offer a hybrid approach.

Zerion inks $8.2m in a Series A led by Mosaic Ventures to make DeFi...

Ethereum-based DeFi aggregator Zerion raised $8.2m in a Series A funding round led by Mosaic Ventures which also featured participation from Placeholder, Digital Currency Group, and Blockchain.com Ventures, among others.

Lidya collects pre-Series B funding as it looks to boost its lending efforts

Nigeria-based Lidya, which offers small business loans, has reportedly raised $8.3m in its pre-Series B funding round.

Signicat bolsters RegTech footprint with Electronic IDentification acquisition

Norwegian digital identity firm Signicat has purchased identity software specialist Electronic IDentification (eID) for an undisclosed fee.

Goldman Sachs backs French marketplace lender Younited Credit in $170m funding

French startup Younited Credit has raised a $170m funding round led by Goldman Sachs to scale its data-driven credit offering.

Blockpit nets $10m to support international expansion of crypto tax reporting service

Blockpit, which offers tax reporting and portfolio tracking services for cryptocurrency, has scored $10m in its Series A.

Dutch neobank Bunq reels in $228m at $1.9bn valuation led by Pollen Street Capital

Amsterdam-based challenger bank Bunq raised $228m - a funding round it touted as the largest Series A round for a European FinTech company.

Financial companion Juni bags $21.5m in three months since its beta launch

Juni, a financial companion for entrepreneurs, has collected $21.5m in funding, just three months after its beta launch.

LoanPro collects $100m in growth equity as it gears up for expansion

SaaS-powered loan management platform LoanPro has scored $100m in growth equity as it looks to move into new verticals.

Deep Instinct bags an additional $67m in an extension to its Series D

Cybersecurity company Deep Instinct has secured an $67m investment from Chrysalis Investments as an extension to its Series D, which closed on $100m just months ago.

News Stories

FinTech

Another strong week for FinTechs with 26 deals recorded

FinTech Global reported on another powerful week in the FinTech sector, with a total of $783m raised across 26 deals.   This top performing deal...
FutureMoney launches micro-investing app to help families secure financial future

FutureMoney launches micro-investing app to help families secure financial future

FutureMoney, a FinTech company founded by industry veterans, has launched a new micro-investing platform aimed at helping families build generational wealth.
Camwood and Pentaho team up to enhance data analytics capabilities

Camwood and Pentaho team up to enhance data analytics capabilities

Camwood, a leading IT consultancy specialising in digital evolution through the lens of applications, has partnered with Pentaho, a subsidiary of the Japanese multinational conglomerate Hitachi, to bring its data analytics platform to market via a new managed services offering.
Erste Bank Hungary introduces innovative flight delay insurance with Companjon

Erste Bank Hungary introduces innovative flight delay insurance with Companjon

Erste Bank Hungary has launched Flight Delay Insurance, a new service available to its customers in the George app.
Dwolla partners with Visa to enhance account verification in pay by bank

Dwolla partners with Visa to enhance account verification in pay by bank

Dwolla, a leading U.S.-based account-to-account (A2A) payment solution provider, has announced a strategic collaboration with Visa, a world leader in digital payments.

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