Data & Analytics

India-based FinTech CRED has secured $81m in a new Series C round and bought shares worth $1.2m from employees.

From crypto startups raising millions despite Elon Musk pulling out of the bitcoin frenzy to subscription-based firms capitalising on the Covid-19 crisis, this is what you can learn from the 40 FinTech funding rounds of last week.

A report has found that sales of quantum computers and related services to the financial services industry will total $450m by 2026.

Saphyre, which offers a service to structure all pre-trade data, has scored $18.7m for its Series A funding round.

Aiviq, a cloud-based SaaS business for the global asset management industry, will provide AllianceBernstein (AB) with client assets under management (AUM) and flow data management products and services, through a new deal.

Revio, a revenue-enabling, customer-insights SaaS platform, has secured a substantial investment to enhance its operations in the banking sector. Today, the company announced a successful Series A venture funding round, garnering $2.5m.

Bogota, Colombia-based startup Portal Finance has secured an undisclosed equity investment from Magma Partners.

Dark web intelligence company Terbium Labs has closed a $6m equity round led by Glasswing Ventures.

Private equity major KKR has given OneStream Software a valuation of more than $1bn by investing in the company through its buyout and growth funds.

Samya.AI, which helps companies improve revenue growth, has collected $6m in its seed round led by Sequoia India.