Sector Updates

Airwallex hits $4bn valuation after second investment round this year

PayTech unicorn Airwallex has been valued at $4bn following the close of an oversubscribed Series E round, which comes just months after it closed a Series D extension.

Zapaygo doubles crowdfunding target, with two-weeks still left on the campaign

Zapaygo, which lets consumers pre-order and pre-pay at food and beverage vendors, has stormed past its crowdfunding target, to raise up to £557,150 in funding.

CEDEX and U2 Diamonds enter joint venture to help issuers create ETFs

Blockchain-powered diamond exchange CEDEX and U2 Diamonds have teamed up to help issuers create a diamond exchange trading fund (ETF).
Dun

Dun & Bradstreet, Climate Engine unite to combat climate-related business risks

Dun & Bradstreet, a rleader in business decisioning data and analytics, and Climate Engine have embarked on a collaborative journey.
fintech-news

Online car marketplace MeinAuto.de nets funding from Hg

Online B2C car marketplace MeinAuto.de has netted an undisclosed investment from HgCapital.

Elon Musk faces $258bn lawsuit for allegedly defrauding Dogecoin investor

Elon Musk will face a $258bn lawsuit from an investor of the Dogecoin cryptocurrency for defrauding him through a crypto pyramid scheme.
pathpoint-partners-with-vave-to-expand-commercial-property-offering

Pathpoint partners with Vave to expand commercial property offering

Pathpoint, a digital, modern wholesaler, has partnered with Vave to expand to commercial property offering.

Klarna rival Zilch launches buy now pay later feature for in-store purchases in the...

UK-based buy now pay later (BNPL) FinTech firm Zilch introduced a ‘tap and pay-over-time’ solution which enables high street shoppers to make in-store purchases and pay later.

Galytix nets funding as it looks to build R&D team in Czech Republic

Galytix, an AI-powered FinTech that integrates data ecosystems for global financial players, has closed a fresh batch of funding, alongside the appointment of a new COO.

Pie Insurance bags $127m in funding as it looks to create an affiliated business

Workers compensation InsurTech Pie Insurance has bagged $127m in a new financing and capital funding round, which will support the acquisition of other insurance companies.

News Stories

Saudi Arabia's Abyan Capital closes $18m Series A round, led by STV

Saudi Arabia’s Abyan Capital closes $18m Series A round, led by STV

Abyan Capital, a pioneering robo-advisory firm in Saudi Arabia, has closed an impressive $18m Series A funding round, with STV taking the lead alongside Wa'ed Ventures and RZM Investment.
Anetac emerges from stealth, raises $16m to revolutionise enterprise security

Anetac emerges from stealth, raises $16m to revolutionise enterprise security

Anetac, a Silicon Valley startup specialising in cybersecurity, has raised $16m in its latest funding round.
Over $3bn raised in this week's 29 FinTech funding rounds

Over $3bn raised in this week’s 29 FinTech funding rounds

Over $3bn was raised by FinTech companies this week, supercharged by a colossal €1.5bn raised by UK-based SumUp. 
Intellect Design Arena welcomes Rajesh Mehta to enhance transaction banking strategy

Intellect Design Arena welcomes Rajesh Mehta to enhance transaction banking strategy

Intellect Design Arena, a pioneering FinTech company known for its cloud-native, API-led microservices-based multi-product platforms, has appointed Rajesh Mehta to its Growth Advisory Board.
League data and Mambu revolutionize Canadian credit unions with new digital banking platform

League data and Mambu revolutionize Canadian credit unions with new digital banking platform

League Data and Mambu have embarked on a groundbreaking journey to transform the Canadian financial landscape by introducing advanced cloud banking solutions to credit unions.

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