WealthTech

Cora closes sizeable Series B hot off the heels of previous round

Brazil-based Cora, which provides entrepreneurs and business owners with banking services, has secured $116m in its Series B round.

PayTech PawaPay scores $9m in seed capital to scale presence

African payments firm PawaPay has raised $9m from a seed funding round led by MSA and UK investment fund 88mph.

Requr secures $5m in funding to grow SaaS financing platform

FinTech Requr has raised $5m in growth capital from a group of undisclosed investors to expand its software-as-a-service (SaaS) platform.

Paris-based Shares.io pockets €8.5m in Valar Ventures-led round to launch social and investing app

Paris-based social investment platform Shares.io has closed one of the largest-ever seed fundraising by an early-stage startup in Europe by securing around €8.5m in pre-seed pre-product funding.

The Chainsmokers-backed neobroker Flink inks $57m to disrupt the investment industry in LatAm

Flink, a Mexico City-based neobroker, has raised $57m in a Series B round of funding led by Lightspeed Venture Partners.

BNPL market projected to generate almost $4trn annually by 2030

A report by Allied Market Research has projected that the buy now, pay later (BNPL) will generate $3.98trn by 2030 and record a CAGR of 45.7% from 2021 to 2030.

Atom Bank records ?36m operating loss as it continues mission to profitability

UK challenger bank Atom Bank reportedly experienced an operating loss of ?36m in the financial year ending March 2021, down from ?46m in the previous year.

Fiserv, Selecta partner to bolster cashless payments footprint in EU

FinTech firm Fiserv has collaborated with self-service retailer Selecta to enhance and streamline digital payments across Selecta’s points-of-sale.

HSBC Qatar introduces mobile payments service in banking digitisation push

HSBC Qatar has unveiled a new mobile payments and collections service for its customers as it continues its investment into digitising banking services.

Honest Bank grows valuation by four-times in just over a year

Singapore-based Honest Bank has reportedly hit a $113m valuation, following the close of a $19.7m Series A.

News Stories

InsurTech leader Kalepa is set to leverage its award-winning Copilot underwriting platform to enhance risk analysis, critical submission management capabilities, and document ingestion for Munich Re Specialty – North America.

Munich Re Specialty – North America to deploy Kalepa’s Copilot underwriting platform

InsurTech leader Kalepa is set to leverage its award-winning Copilot underwriting platform to enhance risk analysis, critical submission management capabilities, and document ingestion for Munich Re Specialty – North America.
Exabeam

LogRhythm and Exabeam merge to dominate AI-driven security operations market

LogRhythm and Exabeam, a global leader in AI-driven security operations, have announced their intention to merge.
Agora

Real estate tech firm Agora secures $34m Series B funding

Real estate investment management solutions provider, Agora, has announced the completion of its $34m Series B funding round.

Yendo secures $165m to expand vehicle-backed credit services

Yendo, a Dallas, TX-based provider of a vehicle-secured credit card, has successfully raised $165m in debt financing.
CLARA Analytics, a prominent provider of artificial intelligence (AI) technology for insurance claims optimisation, has announced two significant appointments.

CLARA Analytics expands its insurance roster

CLARA Analytics, a prominent provider of artificial intelligence (AI) technology for insurance claims optimisation, has announced two significant appointments.

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