WealthTech

“Extortion scheme”: Afterpay and Klarna engage in war of words

Klarna and Afterpay are butting heads as market competition is getting fierce across the globe.

Revolut launches web app for computers

UK neobank Revolut has launched an online web app enabling its 13 million customers around the world to access their accounts via a desktop or laptop.

Mintos closes crowdfunding campaign on seven-times more capital than initial target

Alternative investment app Mintos has smashed the target for its crowdfunding campaign, raising more than seven-times the original goal.

Vauban said to close seed round on £1.6m

Vauban, which enables investors to build funds and investment vehicles online, has reportedly closed its seed round on £1.6m.

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.

News Stories

Aeropay secures $20m in Series B funding for A2A payments expansion

Aeropay secures $20m in Series B funding for A2A payments expansion

Aeropay, a leading provider of Pay-By-Bank solutions for businesses, announced $20m in Series B financing.
INSTANDA and UnderwriteMe partner to revolutionise life insurance with no-code tech

INSTANDA and UnderwriteMe partner to revolutionise life insurance with no-code tech

INSTANDA, a leading global provider of SaaS platform technology for life insurance distribution and policy administration, has announced an integration with UnderwriteMe, a comprehensive SaaS underwriting platform provider for the life insurance industry.
Irish AI startup Numra secures €1.5m to launch finance assistant Mary

Irish AI startup Numra secures €1.5m to launch finance assistant Mary

Irish AI startup Numra, previously known as Autonifai, has announced a €1.5m funding round to introduce its AI finance assistant, Mary, to the market.
Cache Valley Bank partners with Finastra to enhance digital banking

Cache Valley Bank partners with Finastra to enhance digital banking

Cache Valley Bank, a community bank with $2.9bn in assets serving Utah and Southern Idaho, has expanded its collaboration with Finastra, a financial software provider, to enhance its digital banking infrastructure.
Work payments platform Native Teams raises €6.2m to expand into Asia

Work payments platform Native Teams raises €6.2m to expand into Asia

Native Teams, a work payments platform for freelancers, remote workers, and business owners, has successfully raised €6.275m to further its ambitious plans of becoming the go-to platform for work payments.

Download the free AIFinTech100 report

FREE

Download the AIFinTech100 report for 2023 with details on each solution

120,000+ FinTech leaders get exclusive industry stories delivered every week