Banking Infrastructure

AI chatbot developer Ada joins the unicorn club after Series C close

Automated customer experience software developer Ada has netted $130m in its Series C round, which puts its valuation at $1.2bn.

Financepeer pulls in $31m for education financing in India

Education FinTech startup Financepeer has raised $31m in Series B funding to fuel its mission of bringing quality and accessible education across India.

Ondo Finance pulls in $20m for its DeFi vision

Ondo Finance, which is building a decentralised investment bank, has raised $20m in Series A funding to accelerate the adoption of DeFi among mainstream investors.

Even Financial collects $18.8m in its Series A led by GreatPoint Ventures

Even Financial, a financial services API developer, has collected $18.8m in its Series A round of funding.

Sidekick Partners and Scribd founder back LemonEdge in $2.5m round

London-based FinTech startup that helps firms in the private equity and financial services industries digitise complex accounting LemonEdge landed $2.5m in new capital.
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Qwikwire closes undisclosed round from First Asia, Cerebro

Qwikwire, a cross-border property management company, has closed an undisclosed round of funding.

RootAnt will enhance its product suite after the close of its seed round

Singapore-based RootAnt, which develops banking-as-a-service technology, has closed it seed round on $1.46m.

hoolah hoops Primer for BNPL growth across Asia

hoolah, Asia’s omnichannel Buy Now, Pay Layer (BNPL) platform, has partnered with Primer, a no-code automation platform for payments and commerce, to fuel growth across Asia.

Are smaller startups ready for big tech entering the FinTech space?

Big tech firms already control what people watch, buy and find online. Now, some of them are trying the waters of FinTech.

Raisin acquires Choice Financial to bring US banks new deposit solutions

Open banking platform Raisin has acquired Choice Financial Solutions so it can offer US banks and credit unions the ability to create flexible deposits.

News Stories

Boosting identity-based security, Elisity raises $37m from Insight Partners

Boosting identity-based security, Elisity raises $37m from Insight Partners

Elisity, a leading pioneer in identity-based microsegmentation, announced a significant financial boost with a $37m Series B funding round led by global software investor...
Blend Labs secures $150m from Haveli Investments to boost financial service innovations

Blend Labs secures $150m from Haveli Investments to boost financial service innovations

Blend Labs, known for its cloud banking services, and Haveli Investments, a technology-focused private equity firm, have announced a strategic partnership marked by a significant $150m investment in Blend by Haveli.
Corelight bags $150m in Series E funding to boost AI security innovations

Corelight bags $150m in Series E funding to boost AI security innovations

Corelight, a prominent player in open network detection and response (NDR) headquartered in San Francisco, recently secured a substantial $150m in Series E funding.
Backflip secures $15m in Series A to redefine real estate FinTech

Backflip secures $15m in Series A to redefine real estate FinTech

Backflip, an all-encompassing real estate and financial technology platform, has closed a $15m Series A funding round, spearheaded by FirstMark Capital, known for their early investment in other category-defining platforms like Airbnb, Shopify, and Pinterest.
Navigating corporate reporting: How CSRD is changing the game

Majority of companies not subject to CSRD still plan to align with its requirements

The majority (81%) of companies not subject to the European Union’s Corporate Sustainability Reporting Directive (CSRD) intend to partially or fully align their sustainability...

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