Mondo plans to raise $19m to $26m for full banking licence
UK challenger bank Mondo plans to raise a further £15m ($19.4m) to £20m ($26m) as it seeks to have the restrictions on its newly awarded banking licence lifted.
Zervant nabs $4.5m for SMB invoicing
Zervant, a Finnish invoicing startup, has raised €4m ($4.5m) in a Series A round of venture funding.
UpGuard locks down $17m for cybersecurity insurance
Australian insurance firm IAG has invested in Sydney-founded cybersecurity firm UpGuard $17m Series B round.
DailyPay scores $5m for on-demand economy payments
DailyPay, a New York startup that allows on-demand businesses to offer employees or contractors daily payments, has raised $5m in a Series A round of funding.
Open Agent pockets $12m for estate agent platform
Open Agent, a Sydney-based PropTech startup connecting sellers to estate agents, has raised $12m in a new funding round.
East Africa experiences crowdfunding boom as global growth continues
Kenya, Rwanda, Tanzania and Uganda are leading the crowdfunding boom in Africa, seeing growth rates of 112% to 312%.
Trulioo upgrades AML offering to help banks battle financial crimes
Canadian ID verification company Trulioo has enhanced its global anti-money laundering (AML) capabilities to help banks cope with stricter regulation and higher costs.
Avant secures $255m and $392m deals for online loans
Online lender Avant is unveiling a $255m asset-backed securitisation deal with investment banks, as well as a renewal of its $392m warehouse facility deal
Standard Charted rolls out biometric technology
Standard Chartered is rolling out a suit of biometric technologies across Asia, Africa and the Middle East.
Onfido grabs fresh funding from Salesforce Ventures
London-based identity and background checking startup Onfido has raised a new round of venture funding.
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