Sector Updates

fintech-news

Lendingkart Finance raises $10.5m of equity funding from Sistema

Lendingkart Finance has raised INR 70 crores ($10.5m) in equity funding from Sistema Asia Fund. The company says it aims to make working capital finance...
fintech-news

Enterprise software MapR gets $56m in a funding round led by Lightspeed Venture

Enterprise software company MapR Technologies has raised $56m from existing investors in a funding round led by Lightspeed Venture Partners. The company plans to use...
fintech-news

ForgeRock gets $88m of investment in Series D round led by Accel, featuring KKR

Digital identity management company ForgeRock has sealed $88m of investment in a Series D round led by tech investor Accel and including KKR and...
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Tesco set to re-launch digital wallet app PayQwiq to Tesco Pay+

Tesco is to re-launch its digital wallet app, PayQwiq, to Tesco Pay+ two years after originally launching it. The app is said to enable customers...
fintech-news

Prima Solutions set to be bought by private equity giant The Carlyle Group

Prima Solutions, a company which designs, develops and markets software for insurance providers, is set to be bought out by The Carlyle Group. The private...
fintech-news

Online payments platform Transactive gets first investment

UK-based Transactive Systems has received its first investment with AngelRush committing $1.5m to help growth for the next generation of banking and financial services.
fintech-news

Seven Angels Holdings acquires Korean P2P platform Elefund

FinTech growth investment firm Seven Angels Holdings has acquired real estate P2P platform Elefund.
fintech-news

Valor Equity returns for Addepar’s $140m Series D round

Financial operating system Addepar has picked up $140m in its Series D round.
fintech-news

Seedrs receives £4m investment from Woodford

Seedrs has received a follow-on investment of £4m from Woodford Investment Management, valuing the company at £40m. Woodford had backed the company with £6m in...
fintech-news

Habito raises $18.5m in Series B funding round, led by Atomico

Habito has sealed a £18.5m investment, which will be used to make mortgage applications easier.

News Stories

Lama

EJF Ventures backs Lama AI’s $20m lending push

Lama AI, an AI-native loan origination platform purpose-built for community and regional banks, has closed a Series A funding round that brings its total...
Plus500 launches 24/5 CFD trading on stocks and ETFs

Plus500 launches 24/5 CFD trading on stocks and ETFs

Plus500, a global multi-asset FinTech group operating proprietary technology-based trading platforms, has announced the rollout of 24/5 CFD trading on a selection of stocks...
Zillennials shift deposits to FinTech investing platforms

Zillennials shift deposits to FinTech investing platforms

A new report from Cornerstone Advisors, a financial services research and consulting firm, sponsored by InvestiFi, a provider of digital investing solutions for financial...
Gridline boosts AltComply with Hamilton Lane benchmarking

Gridline boosts AltComply with Hamilton Lane benchmarking

Gridline, a turnkey private markets platform for wealth management firms, has announced a strategic partnership and technology integration with Hamilton Lane, a global private...

Weecover makes case for modular AI in insurance

Weecover, an InsurTech platform specialising in insurance management and distribution technology, has argued that microservices architecture, not algorithms, is the decisive factor in successfully...

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