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18 FinTech funding rounds you missed last week

Despite coronavirus fears, the last week saw a number of FinTech companies raise money.

Eight FinTech and RegTech companies you missed at Sthml Fintech Week

From: RegTech Analyst The Nordics’ FinTech scene is buzzing with potential, which was evident by the trailblazing companies recently attending Sthlm Fintech Week. The Stockholm event was full...
Molten Ventures reduces Revolut valuation by 40%

Molten Ventures reduces Revolut valuation by 40%

Molten Ventures, a prominent venture capital firm, has marked down the value of its stake in the FinTech enterprise Revolut by 40%, according to a report from Finextra.

London-based FinTech Paysafe to acquire German firm viafintech in all-cash deal

London-based Paysafe has signed a definitive agreement to acquire German FinTech company, viafintech, in an all-cash transaction.

Japanese BNPL firm Paidy inks $120m in Series D funding

Japanese buy-now-pay-later provider Paidy completed a $120m Series D funding round.
The PayPal Giving Fund has expanded its partnership with with Meta to exclusively enable charitable donations on Facebook and Instagram in the US, UK, Australia and Canada.

PayPal partners with Meta to enable donations on Facebook and Instagram

The PayPal Giving Fund has expanded its partnership with with Meta to exclusively enable charitable donations on Facebook and Instagram in the US, UK, Australia and Canada.

Klarna launches dedicated open banking unit

Global retail bank, payments and shopping service Klarna, has launched Klarna Kosma, a sub-brand and business unit to harness the growth of its open banking platform.

UK contactless payment limit set to climb to £100 by October 2021

People in the UK will be able to make contactless payments up to a new limit of £100 from the 15th of October 2021.

Clara eyes LatAm expansion following $30m Series A

Mexican card and spend management company Clara has closed a $30m Series A round led by DST Global Partners.

Razorpay seeks to double its valuation to $2bn via plans to secure up to...

FinTech startup Razorpay is reportedly in talks with existing investor Singapore investment fund GIC to raise circa $150m to $200m in a new financing round.

News Stories

Korint, a rising InsurTech company, has secured €5m in a funding round to boost the rate of digital transformation within the insurance industry.

InsurTech Korint lands €5m to drive insurance digitalisation

Korint, a rising InsurTech company, has secured €5m in a funding round to boost the rate of digital transformation within the insurance industry.
The Demex Group, a risk analytics and intelligence company specialising in stop-loss reinsurance protection, has secured $10.25m in funding through a Series A and previous SAFE round.

Reinsurance innovator Demex Group raises $10.25m in Series A

The Demex Group, a risk analytics and intelligence company specialising in stop-loss reinsurance protection, has secured $10.25m in funding through a Series A and previous SAFE round.
Insurity has partnered with Gain Life to become the first major claims system to offer a fully integrated claims communication platform.

Insurity and Gain Life to offer AI-driven claims communication for insurers

Insurity has partnered with Gain Life to become the first major claims system to offer a fully integrated claims communication platform.

New FCA regulations set to enhance UK financial services sector

The UK's financial services sector is set to reap significant benefits from the FCA's enhanced performance in its authorisation processes.
First Connect Insurance Services has announced a new partnership with Root Insurance to offer API-powered quote and bind capabilities to independent insurance agents.

First Connect partners with Root Insurance to launch API-powered auto insurance platform for agents

First Connect Insurance Services has announced a new partnership with Root Insurance to offer API-powered quote and bind capabilities to independent insurance agents.

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