Sector Updates

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German challenger bank Fidor acquired by France’s BPCE

German online bank Fidor Bank has been acquired by Groupe BPCE, Frances second-largest banking group. The price of the deal is undisclosed.
fintech insurtech wealthtech regtech ai cybertech esg news

Yixin Capital takes $550m for Chinese auto financing

Automotive financing firm Yixin Capital has landed $550m from a consortium of heavyweight Chinese internet firms.
fintech insurtech wealthtech regtech ai cybertech esg news

Privitar swipes $2.9m for data-privacy software

Privacy-enhancing software company Privitar has raised £3m ($2.9m) in a new round of funding led by Illuminate Financial Management.
fintech insurtech wealthtech regtech ai cybertech esg news

Funding Societies lands Sequoia backing for South-East Asian Lending

Singaporean business-lending marketplace Funding Societies has raised S$10m ($7.4m) in a new round of funding led by the Sequoia India, the regional arm of the VC giant.
fintech insurtech wealthtech regtech ai cybertech esg news

Axial grabs U$14m to match private companies with investors and buyers

Axial, a New York-based online capital marketplace, has raised $14m in its Series C round. The company's platform is designed to match private companies...
fintech insurtech wealthtech regtech ai cybertech esg news

Square beats Wall Street expectations, reports 41% revenue jump

Mobile payments company Square beat Wall Street’s expectations to report a 41% year-on-year jump in revenue for the second quarter of 2016.

Ceridian raises $150m from PE,VC shareholders

HR outsourcing company Ceridian reeled in $150m from its shareholders Thomas H. Lee Partners and Fidelity National Financial Ventures (FNFV) Group.
fintech insurtech wealthtech regtech ai cybertech esg news

RegTech startup LoanLogics brings in another $10m

LoanLogics, which looks to improve the transparency and accuracy of the mortgage process and improve the quality of loans, has raised $10m in funding.
fintech insurtech wealthtech regtech ai cybertech esg news

Kreditech pulls in another $11m for data-driven credit scores

Kreditech, a German data analytics startups focused on credit and banking services, is taking on an additional €10m ($11m) for its Series C round.
fintech insurtech wealthtech regtech ai cybertech esg news

Flexiti grabs $5m for POS financing platform

Canadian sales financing company Flexiti Financial has secured $5m in a Series A round led by Globalive Capital.

News Stories

Cosine builds UK's first sovereign frontier AI model

Cosine builds UK’s first sovereign frontier AI model

Cosine, a British sovereign AI frontier lab founded in London in 2023 and selected by the UK government as part of its sovereign AI...

TCS wins AI transformation deal with Canada Life

Tata Consultancy Services (TCS), a global IT services and consulting firm, has entered into a multiyear transformation and managed services agreement with Canada Life,...
Al Ahly Capital leads MNT-Halan investment round

Al Ahly Capital leads MNT-Halan investment round

MNT-Halan, Egypt and MENA's first FinTech unicorn, has completed the first closing of a new investment round led by Al Ahly Capital, the investment...
compliance

From fragmented to connected compliance: Connecting the dots for crypto compliance in tomorrow’s RegTech

What’s the future of compliance inside banks? Smarter, faster, more joined-up systems informed by intelligent analytical agents. To help make it happen, the recent...

Zinnia launches headless annuity order entry platform

Zinnia, an Eldridge Industries business and life and annuity insurance technology platform backed by KKR and Vista Credit Partners, has launched headless annuity order...

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