Sector Updates

Riskalyze pockets $20m to help advisors align investments with risk

Risk alignment software firm Riskalyze has raised $20m in its first round of outside institutional financing from FTV Capital.

Property.Works picks up ?1.5m for commercial real estate

Commercial property marketplace Property.Works has closed ?1.5m in a seed funding round. The investment comes from Passion Capital, M7 Real Estate and Robert Orr.

AvidXchange swipes $3.5m for automated payments

Payments automation service AvidXchange has raised $3.5m in a new round of equity funding according to an SEC filing. The financing comes from two investors that remain unnamed.
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MPOWER nabs $6m to finance international students

MPOWER Financing has raised $6m in a Series A round led by private equity firm Zephyr Peacock India. The Washington DC and Bangalore-based company aims to help finance international students.
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New funding takes 51 Credit Card round to $400m

Chinese credit card management app 51 Credit Card Manager has raised $84m in what’s being described as a C+ round from Harvest Capital and Yintai Group.

Canada nanoPay grabs $10m for real-time payments

Canadian payments firm nanoPay has raised $10m in Series A funding from investors including Goldman Sachs merchant banking division.

Mitrefinch picks up ?20m from LDC in management buyout

Mitrefinch has raised ?20m in an equity investment from LDC for its human capital management software.

AX Trading Network picks up $20m to help traders find liquidity

Electronic trading platform AX Trading Network has raised $20m in a round of venture funding. The investors and terms of the deal are undisclosed.
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Capital Confirmation collects $60m for online audit services

Capital Confirmation, a Nashville-based provider of online audit confirmation services, has raised $60m.
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DemystData pockets $7m for financial services data analytics

Data analytics for financial institution provider DemystData has raised $7m in its Series B round of funding led by MissionOG.

News Stories

Middle East retail investing: the WealthTech opportunity

Retail investment and preparing for retirement is gaining traction in the Middle East. For Fredrik Davéus, CEO and co-founder of Kidbrooke, this isn’t just...
Why good-weather pension numbers are misleading participants

Why good-weather pension numbers are misleading participants

As the Netherlands' pension sector navigates its Wet toekomst pensioenen (Wtp) transition, a growing body of regulatory guidance and independent research suggests that the...
Nordic banks turn to CaaS to fight rising fraud

Nordic banks turn to CaaS to fight rising fraud

The Nordic region is among the most cashless in the world, with cash accounting for fewer than 5% of all transactions in Norway and...
Global FinTech funding continued its strong surge over the past two weeks, with approximately $2.17bn raised across 23 deals, as cybersecurity firms saw major deals come to fruition.

Global FinTech funding tops $2bn as RegTech deals run rampant

Global FinTech funding continued its strong surge over the past two weeks, with approximately $2.17bn raised across 23 deals, as cybersecurity firms saw a...
How metadata supercharges AI document processing

How metadata supercharges AI document processing

Artificial intelligence is rapidly embedding itself into document-heavy organisations, promising to transform everything from contract analysis to compliance monitoring. Yet despite this momentum, many...

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