Sector Updates

BharatPe earns the horn, triples valuation to $2.85bn after Tiger Global-led oversubscribed round

Merchant payments and financial services provider BharatPe raised $370m in a primary and secondary mix, as a part of a Series E funding round led by new investor New York-based Tiger Global Management.

Ex Barclays CEO’s FinTech venture 10x wins $187m in BlackRock and JPMorgan-backed round

UK-based banking technology firm 10x Future technologies closed a $187m in Series C financing round co-led by funds managed by BlackRock and Canada Pension Plan Investment Board (CPP Investments).

Zestful scores $5m in its seed round led by Thrive Capital

Zestful, an employee benefits platform, has scored $5m in its seed funding round which was led by Thrive Capital.
Primer secures investment from Tencent to advance global payments infrastructure

Primer secures investment from Tencent to advance global payments infrastructure

Primer, the unified infrastructure for global payments and commerce, has recently announced a new investment from Tencent, one of the world's foremost internet companies.

Covid-19 pushed cybersecurity to the top of IT professionals’ concerns

Almost nine out of ten IT professionals say their main priority now is to boost their digital defences, according to new research from Hitachi ID.
fintech insurtech wealthtech regtech ai cybertech esg news

Coinfirm closes token sale on more than $19m

Coinfirm, an anti-money laundering (AML) and counter-terrorism financing (CTF) platform, has ended its token sale with more than $19m worth of AMLT Tokens.

US vs EMEA: How does RegTech adoption and customer experience compare?

With the pandemic leading to a great migration online for many who previously wouldn’t have considered it, an opportunity has provided itself to RegTech companies in key markets to make the most of the new normal.
Zenus Bank, a digital bank making US bank accounts available internationally, has become the first bank to launch a Visa Infinite Debit Card to a global audience

Zenus Bank launches first global Visa Infinite Debit Card

Zenus Bank, a digital bank making US bank accounts available internationally, has become the first bank to launch a Visa Infinite Debit Card to a global audience.

Nymbus raises $3m hot off the heels of previous round

Digital banking technology developer Nymbus has raised a further $3m in funding, coming just months after it closed a $53m investment.

EU tech law risks destroying iPhone security, Apple chief warns

The CEO of Apple has warned that a proposed new European Union technology law aimed at reigning in tech behemoths could ‘destroy the security of the iPhone’.

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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