Sector Updates

oak9 closes $5.9m seed round to support product launch

oak9 has closed a $5.9m seed round to support the launch of its infrastructure as a code security platform.

Avaloq, Adviscent partner to accelerate financial services transformation

Zurich-based WealthTech100 firm Avaloq has entered a partnership with compatriot FinTech Adviscent to provide smart content solutions for wealth managers and private banks.

Healthcare payments startup PayGround closes seed round

PayGround, which helps ease bill payments for healthcare, has closed its seed round on $4m, as it looks to continue its growth.

India-based Eduvanz said to collect $10m debt funding

India-based FinTech platform Eduvanz has reportedly netted $10m in debt funding to support its rapid growth over the past year.

Curve kicks off 2021 with a $95m Series C to help international expansion

Curve, which enables consumers to combine multiple cards and accounts into a single card and app, has collected $95m in its Series C round.

PhonePe partially spins out of Flipkart and raises $700m

PhonePe is partially spinning out from Flipkart and has raised $700m in a round led by Walmart and supported by prior investors.

Tide teams up with GoCardless to launch direct debit invoice solution

UK-based business banking platform Tide has inked a partnership with GoCardless, a global leader in recurring payments, to launch a invoice payments via direct debit service.

Santander spins out its $400m FinTech venture capital arm into Mouro Capital

Santander is spinning out its venture arm into the new entity Mouro Capital, a new autonomous investment firm using its $400m in allocated funds to back innovate FinTech startups without the fear of the big bank spying on them.

WISeKey International receives $5m through convertible loan

Cybersecurity company WISeKey International has received a $5m convertible loan from Crede Capital, a US-based investor.

Payment splitting app goDutch scores $1.7m in its seed round

India-based goDutch, a FinTech app helping to split payments, has scored $1.7m in its seed round.

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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