WealthTech

CUNA Mutual Group, an insurance, investment and financial services company, has partnered with WithCluth, a FinTech focussed on allowing consumers to refinance high interest consumer loans through a digitally-enabled and frictionless process.

UK-based Pillar has raised €15.6m to tackle credit access problems experiences by immigrants.

Flow Your Money, an app to automate savings, investing and budgeting, has scored €3.5m in seed funding, which was led by Bulgarian venture firm Eleven Ventures.

FundGuard, an AI-powered investment management and asset servicing platform, has closed its Series B funding round on $40m.

French challenger bank Qonto, which reached a $5bn valuation in January, has reportedly closed a crowdfunding campaign in just six hours.

Retail investing app Robinhood has signed a deal to acquire Ziglu, a UK-based electronic money institution and cryptoasset firm.

Kreesibl is a new AI-powered FinTech platform that has been launched by a black female tech founder who hoped to help millennials with their financial wellness journey after struggling with her own.

Pakistan-based FinTech company Abhi has reportedly raised $17m in its Series A funding round, which values the company at $90m.

Avaloq has successfully implemented its core banking system with Cathay United Bank to help support the latter’s continued growth.

NovoPayment, a Latino-founded banking-as-a-service provider, has raised $19m in Series A funding.