Sector Updates

Payments unicorn PPRO extends recent funding round by $90m

Payments infrastructure company PPRO has extended its recent funding round by an additional $90m.

Travel app Hopper raises $170m from new partner Capital One to ease payments in...

Mobile travel app Hopper pulled in $170m in a Series F funding round fueled by its new partner Capital One alongside launching Capital One Travel for the banking giant’s cardholders.

Crypto-based Avanti hauls in $37m to launch a digital asset bank

Digital asset bank Avanti Financial Group completed its Series A funding round with $37m, bringing its total raised capital since inception to $44m.

Digital financing startup Drip Capital bags $40m warehouse credit line to facilitate trade finance

Sequoia-backed FinTech firm Drip Capital secured a $40m warehouse credit line from California-based East-West Bank to expand its trade finance solutions to small businesses.

Killer Mike’s digital banking platform Greenwood closes $40m Series A round

Digital banking platform aimed at Black and Latino communities, Greenwood raised $40m in a Series A funding round led by Truist Ventures.

Óptima Seguros upgrades its deal with Majesco

Puerto Rico-based Óptima Seguros has extended its deal with cloud insurance software developer Majesco.

Morphisec said to raise $31m to grow its US and Israel teams

Endpoint security solution Morphisec has reportedly closed its latest funding round on $31m to hire more staff in the US and Israel.

Alessa issues new webinar on how financial institutions can improve OFAC compliance

Compliance with the Office of Foreign Assets Control (OFAC) sanctions is a major challenge for financial institutions, but how can they be certain they meet the necessary requirements.

Pie Insurance closes Series C on $118m as it gears up for new product...

Pie Insurance, an InsurTech specialised in workers’ compensation for small businesses, has closed its Series C round on $118m.

Digital banking solutions provider Meniga closes ?10m investment

UK-based digital banking solution Meniga closed a ?10m investment round to boost and meet the escalating demand for its sustainable financial products.

News Stories

Kaspi.kz, Alipay+ partner for seamless China payments

Kaspi.kz, Alipay+ partner for seamless China payments

 Kazakhstan's pioneering financial technology firm, Joint Stock Company Kaspi.kz, has joined hands with the renowned e-wallet giant Alipay+ to redefine the landscape of cashless transactions in China.
PNC & TCW forge new path in private credit solutions

PNC & TCW forge new path in private credit solutions

The PNC Financial Services Group, one of the largest diversified financial institutions in the US, and the TCW Group, a leading global asset manager, have announced a strategic partnership aimed at delivering private credit solutions to middle market companies.
Accenture and Oracle revolutionise finance with generative AI solutions through new deal

Accenture and Oracle revolutionise finance with generative AI solutions through new deal

Accenture, a global professional services company, has partnered with Oracle, a leading enterprise AI and data management provider.
Wagmo and Rover unite to revolutionise pet care benefits for partner companies

Wagmo and Rover unite to revolutionise pet care benefits for partner companies

Wagmo, the leading provider of employer-based pet wellness plans, and Rover, the world’s largest online marketplace for loving pet care, have announced a strategic partnership.
GradGuard expands coverage: New tuition protection program includes loss of employment

GradGuard expands coverage: New tuition protection program includes loss of employment

In a bid to bolster its tuition protection program, GradGuard, a leading provider of college tuition and renters insurance programs, has unveiled a significant enhancement.

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