Sector Updates

Funding Options joins SME Finance Forum

Business finance marketplace Funding Options has joined the SME Finance Forum, a global membership network of the most influential leaders in finance, in order to share its insights into how to promote the growth SMEs.

Ant Financial expands reach with $200m investment in Kakao Pay

Ant Financial continues to expand its reach outside of China with a $200m investment in South Korean mobile giant Kakao finance subsidiary Kakao Pay.

You won’t believe how this guy allegedly stole credit card details from 1,300 customers

In the days where big multi-million hack attacks have become a common feature in the news, this accused thief apparently decided to go old school.

Satya MicroCapital reels in $4.7m from BlueOrchard

Satya MicroCapital, a New Delhi, India-based microlender, has raised $4.7m from Swiss impact investment manager BlueOrchard Finance.
Candor secures Series B backing from Rice Park to revolutionise mortgage industry

Candor secures Series B backing from Rice Park to revolutionise mortgage industry

Candor Technology, a trailblazer in the provision of automated underwriting technology and other tech-enabled solutions for the mortgage sector, has successfully concluded a Series...

Penta to support offline businesses with new SumUp deal

Germany-based digital business bank Penta will now support payments at offline small and medium businesses (SMBs) thanks to new partnership with card reader enterprise SumUp.
The-biggest-insurtech-deals-of-2022

What were the biggest InsurTech deals of 2022?

Despite a tough fundraising climate and a cool-off in investment since 2021 levels, InsurTech is still a thriving sector, with many companies closing significant deals last year.

Yopa raises £20m in round led by dmg ventures

UK-based PropTech platform Yopa has raised £20m in a funding round from its existing backers.

Payment operating system Payrails launches from stealth

Payrails, which stylises itself as an operating system for payments and financial services, has reportedly launched out of stealth after the close of a $6.4m seed investment.

Schroders Personal Wealth Management’s head of HR forced to apologize for huge IT problems

Lloyds Banking Group and Schroders’ wealth management solution was launched earlier in 2019. However, it seems it is facing some massive tech problems.

News Stories

Over $3bn raised in this week's 29 FinTech funding rounds

Over $3bn raised in this week’s 29 FinTech funding rounds

Over $3bn was raised by FinTech companies this week, supercharged by a colossal €1.5bn raised by UK-based SumUp. 
Intellect Design Arena welcomes Rajesh Mehta to enhance transaction banking strategy

Intellect Design Arena welcomes Rajesh Mehta to enhance transaction banking strategy

Intellect Design Arena, a pioneering FinTech company known for its cloud-native, API-led microservices-based multi-product platforms, has appointed Rajesh Mehta to its Growth Advisory Board.
League data and Mambu revolutionize Canadian credit unions with new digital banking platform

League data and Mambu revolutionize Canadian credit unions with new digital banking platform

League Data and Mambu have embarked on a groundbreaking journey to transform the Canadian financial landscape by introducing advanced cloud banking solutions to credit unions.
Fingerprint and Oscilar unite to enhance fraud prevention in FinTech

Fingerprint and Oscilar unite to enhance fraud prevention in FinTech

Fingerprint, known as the world's most accurate device intelligence platform, is partnering with Oscilar, a leader in AI-driven risk and fraud management.
Open English and dLocal forge strategic partnership to revolutionise local payments in emerging markets

Open English and dLocal forge strategic partnership to revolutionise local payments in emerging markets

Open English, an online English-learning platform operating in over 30 countries, and dLocal, a leading cross-border payment platform specializing in high-growth markets, have recently announced a significant partnership.

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