Sector Updates

Slice Labs gets backing from Munich Re

Slice Labs is getting the thumbs up from German insurance heavyweight Munich Re with the firm’s venture arm investing in the InsurTech startup.

Factom pulls in $4.5m in Tim Draper-led round

Blockchain data solution Factom has raised $4.5m in a new round of funding from serial investor Tim Draper.

OpenGamma grabs $13.3m for rick-as-a-service software

Financial services software provider OpenGamma has raised $13.3m in a new round of funding.The investment was led by Accel and ICAP with individual investor...

Payoneer lands $180m for cross-border business payments

Cross boarder payments service for businesses Payoneer has raised $180m in a round led by late-stage investor Technology Crossover Ventures (TCV).

European alternative financing market grows 92% to $6bn

Banks and investors be wary! The European alternative financing market continues to grow according to a new report.

PayPal heads to the checkout with MasterCard deal

PayPal and MasterCard are expanding their partnerships to the checkout by increase PayPal's footprint at the point of sale through contactless payments.

Divido takes $3.3m for instalment payments

Divido, a point-of-sale financer, has raised £2.5m ($3.3m) in round of seed funding. The capital comes from Mangrove Capital Partners and DN Capital.

TrueEX swipes $9.21m for global IRS trading

New York-based TrueEX, an electronic execution platform for the global interest rate swaps (IRS) market, has sealed $9.21m in venture financing to support its future growth.

Docupace lands $16.5m from Palisades, TVC Capital

Docupace Technologies, a digital compliance and cyber security company, has raised $16.5m from Palisades Growth Capital and TVC Capital.

Featurespace picks up $9m for machine-learning fraud detection

Machine learning-driven fraud detection startup Featurespace has raised $9m in a new round of venture funding led by TTV Capital.Investment for the Cambridge-based company...

News Stories

360Factors

360factors automates HMDA compliance testing with AI

360factors, a provider of AI-powered compliance solutions for financial institutions, has launched a new Home Mortgage Disclosure Act (HMDA) Compliance Testing Agent within its...
Finova

Finova bets on Manchester talent to fuel next growth era

Finova, the UK's largest provider of cloud-based mortgage, savings and lending software, has bolstered its Manchester hub with the appointment of three senior directors...
review

Government acts on branch closures with independent review

The UK government has commissioned an independent review into access to face-to-face banking services, alongside new legislative powers to intervene should the evidence demand...
Didit

Didit targets programmable identity with $7.5m raise

Didit, an AI-native identity and fraud infrastructure platform founded in 2023, has closed a seed round totalling $7.5m after securing an additional $6m in...
Hopae

IDENTT taps Hopae to unlock cross-border eID access

Hopae, a global digital identity infrastructure platform, has formed a strategic partnership with IDENTT, a prominent player in Poland's identity verification market, to bring...

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