Sector Updates

Zimbabwe bans mobile payments over accusations of “economic sabotage”

Digital payments and trading on the stock exchange has been suspended in Zimbabwe in response to what President Emmerson Mnangagwa’s government called “criminality and economic sabotage," Reuters reported.

Zurich reveals the 8 startups to make the final of its innovation challenge

Zurich has revealed the eight startups to make the final round of its Innovation World Championship.

CoinRoutes lands $16m Series B

CoinRoutes, a trading platform for digital assets, has secured $16m from a Series B financing raise led by Ayon Capital.

Enterprise DevOps platform CloudBees raises $62m

CloudBees, a San Jose, California-based enterprise DevOps platform, has raised $62m in growth funding.
fintech insurtech wealthtech regtech ai cybertech esg news

Dave pockets $3m to help users stay out of their overdraft

Spending tracking app Dave has secured $3m in funding from backers including serial VC Mark Cuban. SV Angel, The Chernin Group and other angel investors also participated in the round.

FinScience, TietoEVRY partner to provide ESG scoring through investment platform

Users of TietoEVRY’s WealthMapper platform will now be able to see Environmental, Social and Governance (ESG) scores across their investment portfolios.
Frec unveils with $26.4m and a suite of savvy investment products

Frec unveils with $26.4m and a suite of savvy investment products

In a defining moment for retail investors, Frec, a financial technology company, has emerged from stealth, boasting a robust set of automated, self-service investment products.

Revolut’s new rainbow card to support LGBTI individuals sparks Twitter tirade demanding cards for...

Revolut has launched a new rainbow card to support lesbian, gay, bisexual, trans and intersex (LGBTI) human rights in Europe and Central Asia, but some people are not happy about it.

Credit Benchmark secures $7m to support expansion of contributor base

Credit analytics company Credit Benchmark has secured $7m in equity financing to support its offering expansion.

ESG FinTech Climate X bags ?6.3m in funding

Climate X, a London-based climate risk analytics provider, has closed a ?6.3m seed funding round as it plans to expand its product suite.

News Stories

Aeropay secures $20m in Series B funding for A2A payments expansion

Aeropay secures $20m in Series B funding for A2A payments expansion

Aeropay, a leading provider of Pay-By-Bank solutions for businesses, announced $20m in Series B financing.
INSTANDA and UnderwriteMe partner to revolutionise life insurance with no-code tech

INSTANDA and UnderwriteMe partner to revolutionise life insurance with no-code tech

INSTANDA, a leading global provider of SaaS platform technology for life insurance distribution and policy administration, has announced an integration with UnderwriteMe, a comprehensive SaaS underwriting platform provider for the life insurance industry.
Irish AI startup Numra secures €1.5m to launch finance assistant Mary

Irish AI startup Numra secures €1.5m to launch finance assistant Mary

Irish AI startup Numra, previously known as Autonifai, has announced a €1.5m funding round to introduce its AI finance assistant, Mary, to the market.
Cache Valley Bank partners with Finastra to enhance digital banking

Cache Valley Bank partners with Finastra to enhance digital banking

Cache Valley Bank, a community bank with $2.9bn in assets serving Utah and Southern Idaho, has expanded its collaboration with Finastra, a financial software provider, to enhance its digital banking infrastructure.
Work payments platform Native Teams raises €6.2m to expand into Asia

Work payments platform Native Teams raises €6.2m to expand into Asia

Native Teams, a work payments platform for freelancers, remote workers, and business owners, has successfully raised €6.275m to further its ambitious plans of becoming the go-to platform for work payments.

Download the free AIFinTech100 report

FREE

Download the AIFinTech100 report for 2023 with details on each solution

120,000+ FinTech leaders get exclusive industry stories delivered every week