Sector Updates

Ripio bags additional funding to take Series A to $2.25m

Argentinian bitcoin startup Ripio (formerly Bitpagos) has bumped up its Series A round with an additional $428,000. The investment comes from Medici Ventures.
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Dave pockets $3m to help users stay out of their overdraft

Spending tracking app Dave has secured $3m in funding from backers including serial VC Mark Cuban. SV Angel, The Chernin Group and other angel investors also participated in the round.

Quovo picks up $10m for financial data analysis

Financial data platform Quovo has raised $10m in a Series B round of funding to fuel the growth of its analytics offerings.
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Spend management software Ivalue nabs $70m for KKR

Spend management software company Ivalua has secured $70m in a growth equity investment from KKR.
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Pockit swipes £2.9m for inclusive mobile banking

Mobile banking startup Pockit has picked up £2.9m in new funding as it introduces a remittance service from the UK to Italy and Poland.

Allianz backs InsurTech darling Lemonade

InurTech startup Lemonade has secured funding from global insurance giant Allianz. The terms of the deal are undisclosed.

AccessPay nabs ?2m to take cloud payments platform to the US

Manchester, UK-based cloud payments service AccessPay has picked up ?2m in debt financing to drive its state-side expansion plans.
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Square picks up struggling Yik Yak’s tech team for $3m

Payments company Square is taking struggling social app Yik Yak’s development team off its hands for $3m.
fintech insurtech wealthtech regtech ai cybertech esg news

PropTech No Agent picks up £584,000 through crowdfunding

PropTech platform No Agent has secured more than £584,000 through an equity crowdfunding campaign.

HR and benefits platform Hibob scores $17.5m

UK HR management and employee benefits platform Hibob has raised $17.5m in its Series A funding round.

News Stories

Napier AI names top markets for AI-driven AML compliance

Napier AI names top markets for AI-driven AML compliance

Financial crime compliance is undergoing a significant transformation, and according to Napier AI, the markets that are making the most meaningful progress are those...

FinTech funding continues strong run with over $800m raised this week

There was 22 deals recorded in the FinTech sector this week, with a total of $806.2m raised across all deals. This represented a considerable...

SEC settlement: what investment managers must know

The US Securities and Exchange Commission (SEC) has settled with a Florida-based investment manager over fraud and misleading investor disclosures, serving as a stark...
AI in wealth management: closing the implementation gap

AI in wealth management: closing the implementation gap

Despite widespread recognition of artificial intelligence as the defining technology of our era, the wealth management sector remains caught in a frustrating paradox: ambition...
CaixaBank launches GlobalView wealth aggregator

CaixaBank launches GlobalView wealth aggregator

CaixaBank has launched GlobalView, a financial positions aggregator that allows its wealth management clients to consolidate and analyse holdings across multiple financial institutions through a...

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