WealthTech

Personal finance app Fintonic hits €160m valuation thanks to ING Ventures-led round

Spanish personal finance app Fintonic has hit a €160m valuation thanks to an investment round led by new backer ING Ventures.

Funderbeam secures licence to operate in Singapore

Funderbeam, the funding and trading platform, has made a huge step towards entering the Asian market by getting a licence to operate as a financial services company in Singapore.

Payments app for teenagers Fampay said to close round on $4.7m

Fampay, a payments app aimed at teenagers, has reportedly bagged $4.7m in seed funding which was led by Y Combinator, Venture Highway, Sequoia India and Founders Capital.

Viva Republica has been granted preliminary licence to operate as mobile brokerage

South Korean peer-to-peer money transfer company Viva Republica is one step closer to becoming the nation’s second FinTech company allowed to operate a platform-based brokerage service.

Soon to launch Wingocard closes $2m seed round to support its development

Personal finance mobile app targeting teens Wingocard has scored $2m in its seed round, which was led by Diagram.

The eight startups picked for the Holt Fintech Accelerator’s 2020 batch

Canadian Holt Fintech Accelerator has announced the eight FinTech companies to join its 2020 cohort.

Employee benefits platform Ben said to close $2.5m round

UK-based employee benefits platform Ben has reportedly collected $2.5m in funding.

What do these 28 FinTech rounds from last week reveal about the industry

Last week week saw 28 FinTechs close investment deals. Three sectors in particular proved especially successful.

Chargebee gains unicorn status following $125m Series G

US-based subscription management firm Chargebee has raised $125m from a Series G funding round, raising its overall valuation to $1.4bn.

IRA platform Alto inks $17m in a Series A round

Alto Solutions, the self-directed IRA platform for individuals to access and invest in alternative assets using their retirement funds, closed a $17m Series A funding.

News Stories

FinTech

Another strong week for FinTechs with 26 deals recorded

FinTech Global reported on another powerful week in the FinTech sector, with a total of $783m raised across 26 deals.   This top performing deal...
FutureMoney launches micro-investing app to help families secure financial future

FutureMoney launches micro-investing app to help families secure financial future

FutureMoney, a FinTech company founded by industry veterans, has launched a new micro-investing platform aimed at helping families build generational wealth.
Camwood and Pentaho team up to enhance data analytics capabilities

Camwood and Pentaho team up to enhance data analytics capabilities

Camwood, a leading IT consultancy specialising in digital evolution through the lens of applications, has partnered with Pentaho, a subsidiary of the Japanese multinational conglomerate Hitachi, to bring its data analytics platform to market via a new managed services offering.
Erste Bank Hungary introduces innovative flight delay insurance with Companjon

Erste Bank Hungary introduces innovative flight delay insurance with Companjon

Erste Bank Hungary has launched Flight Delay Insurance, a new service available to its customers in the George app.
Dwolla partners with Visa to enhance account verification in pay by bank

Dwolla partners with Visa to enhance account verification in pay by bank

Dwolla, a leading U.S.-based account-to-account (A2A) payment solution provider, has announced a strategic collaboration with Visa, a world leader in digital payments.

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