Cybersecurity, InsurTech and neobank ventures led the 29 FinTech rounds raised last week
Out of the 29 FinTech funding rounds we reported on last week, cybersecurity companies, InsurTechs and challenger banks were among the clear winners.
OakNorth closes $30m investment from Japan’s SMBC
OakNorth, an AI software developer, has received a $30m investment from Japan-based bank Sumitomo Mitsui Banking Corporation (SMBC).
Paysme secures £268,520 in oversubscribed crowdfunding round
The SME-focused FinTech startup Paysme has already banged through its original target by securing £268,520 on its Seedrs campaign, and it's not over yet.
PureFacts secures $15.39m in new round
WealthTech venture PureFacts Financial Solutions has picked up a CAD$20m ($15.39m) investment from Scotiabank and Round 13 Capital.
Custodial investment app EarlyBird secures $2.4m in funding ahead of its launch
EarlyBird, which enables parents and guardians to establish custodial investment accounts for children, has closed its funding round on $2.4m as it prepares for its launch.
HMBradley picks up $18.25m in Series A round
Having officially launched earlier this year, new neobank HMBradley has now secured $18.25m in a Series A funding round.
US neobank Current bags $131m as it eyes further growth
Challenger bank Current has secured $131m in a Series C funding round led by Tiger Global Management to work towards making the financial lives easier for its users.
Dreams deploys personal finance tools into UKRSIBBANK
Sweden-based FinTech Dreams has teamed up with Ukrainian commercial bank UKRSIBBANK to help consumers get access to digital banking services.
South Korea-based Qara said to bag $3m in funding
South Korea-based Qara, which has built an AI-powered robo-advisor, has reportedly raised $3m in funding, as it looks to release a new global stock trading service for individuals.
401(k) compliance platform Advice Analytics wins cash prize at Seattle Angel Conference
Retirement plan compliance platform Advice Analytics has reportedly won $235,000 at the Seattle Angel Conference.
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