Sector Updates

Accounts receivable management platform Tesorio closes Series B

Tesorio, accounts receivable management platform, has scored $17m in its Series B funding round, which was led by BAMCAP Ventures.

MFS Africa in GTP take-over amid booming African PayTech

Digital payments network MFS Africa has entered an agreement to acquire Global Technology Partners (GTP).

Privyr secures $6m for mobile-first customer interactions

Privyr, a Singapore-based startup that helps consumer-facing salespeople and businesses convert leads from their phones, has raised $6m in Series A funding.

Technology can boost financial inclusion, Mastercard reports

A recent report by Mastercard has revealed that technology can significantly accelerate financial inclusion for people with disabilities.

Just 5% of UK businesses only accept cash transactions

With the pandemic accelerating the shift towards a cashless ecosystem, just 5% of UK businesses only accept cash transactions, according to new research from YouLend and Dojo.

Gen-Z and millennial investing app FinTron scores Series A

Personal finance and investment app FinTron has scored $6.5m in its Series A funding round, as it looks to democratise personal finance for the mobile-first generation.

Passwordless authentication service 1Kosmos bags strategic investment

Passwordless authentication service 1Kosmos has received a strategic investment from Gula Tech Adventures.

Perimeter 81 becomes latest CyberTech unicorn

Israel-based Perimeter 81 has collected $100m in its Series C funding round, which was led by B Capital.

Mobile identity verifier Incognia closes Series A

Mobile identity platform Incognia has scored $15.5m in its Series A funding round, which was led by Point72 Ventures.

Security analytics platform Devo Technology hits $2bn valuation

Cloud-native logging and security analytics platform Devo Technology has reached a $2bn valuation after the close of its Series F on $100m.

News Stories

FinTech

Another strong week for FinTechs with 26 deals recorded

FinTech Global reported on another powerful week in the FinTech sector, with a total of $783m raised across 26 deals.   This top performing deal...
FutureMoney launches micro-investing app to help families secure financial future

FutureMoney launches micro-investing app to help families secure financial future

FutureMoney, a FinTech company founded by industry veterans, has launched a new micro-investing platform aimed at helping families build generational wealth.
Camwood and Pentaho team up to enhance data analytics capabilities

Camwood and Pentaho team up to enhance data analytics capabilities

Camwood, a leading IT consultancy specialising in digital evolution through the lens of applications, has partnered with Pentaho, a subsidiary of the Japanese multinational conglomerate Hitachi, to bring its data analytics platform to market via a new managed services offering.
Erste Bank Hungary introduces innovative flight delay insurance with Companjon

Erste Bank Hungary introduces innovative flight delay insurance with Companjon

Erste Bank Hungary has launched Flight Delay Insurance, a new service available to its customers in the George app.
Dwolla partners with Visa to enhance account verification in pay by bank

Dwolla partners with Visa to enhance account verification in pay by bank

Dwolla, a leading U.S.-based account-to-account (A2A) payment solution provider, has announced a strategic collaboration with Visa, a world leader in digital payments.

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