WealthTech

FinTech Global reported on 38 FinTech funding rounds this week, with companies from across the broad spectrum raking in eye watering amounts to help aid their growth.

ANNA, a business small business banking account, has closed a funding round on £17.5m.

Blast, a gamification platform that helps gamers save and earn money, has picked up $5m in a seed round.

Berlin-based banking deposit marketplace Raisin has closed ?30m in a Series C funding round led by US VC Thrive Capital. Ribbit Capital and Index Ventures also participated.

Online real estate investing platform Sharestates has launched a $300m fund, in partnership with ‘prominent bank partners’.

With every new variant of Covid, the end of the pandemic continues to move further into the distance. These past two years have shown the cruciality of digital services, and firms no longer have a choice to avoid it if they want to stay successful. The trouble is, where does a firm start?

SecondSTAX, a pioneering tech firm specialising in enhancing intra-Africa capital and investment flows, has recently entered a promising collaboration with Nigerian Exchange Limited (NGX).

NewAlpha Asset Management has a closed ?56m vehicle, which it claims is the first venture capital fund solely dedicated to French FinTech investments.

9fin, which supplies data, news and predictive analytics to debt capital markets, has scored £8m in its Series A funding round.

Amsterdam-based Backbase, a global leader in engagement banking software, has announced the acquisition of Nucoro, a digital wealth platform based in the UK. The terms of the deal remain undisclosed, bringing together two key players in the world of FinTech.