Sector Updates

Taxfyle grabs $2m for on-demand tax services

On-demand tax and accounting marketplace Taxfyle has raised $2m in a seed funding round from a group of individual investors.

Wealthsimple grabs $15m to launch in US market

Toronto-based robo-advisor Wealthsimple has raised $15.25m from Power Financial Corp to launch in the US.

Trussle scoops up £4.5m from Orange Growth Capital

UK online mortgage broker Trussle has raised £4.5m in a new funding round as it reaches a milestone of £1bn worth of mortgages managed.

SoFi buys Zenbanx to launch banking product

SoFi is expanding into banking with the acquisition of mobile-banking startup Zenbanx. The company will pay around $100m for the startup

Spotcap strikes deal and nabs €14m from Heatland Bank

Online small business lender Spotcap has inked a partnership with New Zealand’s Heartland Bank and secured €14m in funding to expand around the region.

BitPesa nabs $2.5m for pan-African digital payments

Pan-African digital currency payments startup BitPesa has secured $2.5m in a Series A round to expand across the UK, Europe and West and Southern Africa.

Crossflow Payments lands investment from Calibrate

Alternative finance platform Crossflow Payments has landed an investment from Calibrate Management.
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Mortgage lender Nexera lands Warburg Pincus investment

Mortgage lender Nexera Holdings has received a ‘significant growth investment’ from funds affiliated with global private equity firm Warburg Pincus.
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BNP Paribus takes stake in RegTech startup Fortia

BNP Paribus Securities Services has invested in compliance startup Fortia giving the BNP Paribus subsidy a minority stake in the business.

Earnix picks up $13.5m for financial predictive analytics

Predictive analytics startup aimed at the financial services industry Earnix has raised $13.5m in a new round.

News Stories

Basware

Basware launches AI agent training for finance teams

Basware has launched a new certification programme aimed at preparing accounts payable (AP) professionals to work alongside AI agents. The programme, called the Basware AI...
FCA

FCA open finance plan to boost data control

The Financial Conduct Authority (FCA), the UK's financial services watchdog, has published its vision for open finance, outlining plans to hand consumers and businesses...
Mapfre, a global insurance group, has appointed Miguel Serrano Loredo as its new corporate director of Administration and Finance.

Mapfre appoints Miguel Serrano Loredo as finance chief

Mapfre, a global insurance group, has appointed Miguel Serrano Loredo as its new corporate director of Administration and Finance. He replaces Oscar García-Serrano, who has...
KYC

Norbloc AB tapped for UAE’s e-KYC transformation

The Central Bank of the UAE (CBUAE), the country's primary financial regulatory authority, has announced the creation of a nationwide unified electronic Know Your...
Australia

Vietnam and Australia join forces on FinTech

Việt Nam and Australia have outlined plans to deepen collaboration in FinTech and RegTech, as Việt Nam pushes forward with its ambitions to build...

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