Sector Updates

Trio of new VC backers help payments business GoCardless to $75m Series E

A trio of new venture capital backers for UK-based payments business GoCardless have helped the company to $75m of Series E funding.

Plaid powers to $2.65bn valuation through hefty Series C financing round

Plaid, which specialises in tech and development tools for financial services software and apps, has hit a huge $2.65bn valuation through its latest financing round.

Hummingbird collects $3m for AML platform

Hummingbird, a provider of anti-money laundering and counter-terrorist financing investigations, has raised $3m.
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Veem raises $25m in strategic round led by Goldman Sachs

Cross-border B2B payments company Veem has raised $25m in a strategic investment round to fuel its growth.
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Starling reportedly partners with RBS for new secret project

UK challenger Bank Starling has reportedly formed a partnership with Royal Bank of Scotland on a secret project.
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FloodFlash collects £1.9m to support upcoming platform launch

FloodFlash, an insurance platform focused on risk of flooding, has collected £1.9m in its seed funding round.

Next Insurance raises $83m in Series B led by Redpoint

SME insurance platform Next Insurance has raised $83m in its Series B round led by Redpoint Ventures.
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US challenger bank Chime collects $70m

US challenger bank Chime has raised $70m in Series C financing, bringing the company’s total funding to over $100m.

KKR, Elliott Management sell stake in Mitchell International

KKR and Elliott Management have sold their stakes in Mitchell International, a technology provider for property and casualty claims and collision repair companies.Private equity...
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Dublin-based Supply Finance closes €4m Series A round

Supply Finance, which provides trade finance products to SMEs across Europe, has closed a €4m Series A investment round.

News Stories

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.
Fingerprint and Oscilar unite to enhance fraud prevention in FinTech

Fingerprint and Oscilar unite to enhance fraud prevention in FinTech

Fingerprint, known as the world's most accurate device intelligence platform, is partnering with Oscilar, a leader in AI-driven risk and fraud management.
Open English and dLocal forge strategic partnership to revolutionise local payments in emerging markets

Open English and dLocal forge strategic partnership to revolutionise local payments in emerging markets

Open English, an online English-learning platform operating in over 30 countries, and dLocal, a leading cross-border payment platform specializing in high-growth markets, have recently announced a significant partnership.

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