WealthTech

Neo Financial raises one of the largest Series A round in Western Canada

Neo Financial has netted CAD 50m ($39.3m) in a funding round comprised of both debt and equity.

Hardbacon secures $50,000 grant to develop AI tool

Hardbacon, a budgeting and investment tracking mobile app, has netted $50,000 in a funding round to support its AI development.

Bakkt collects $300m as it looks to summer launch for mobile app

Bakkt a financial management app for digital currencies, has collected $300m in a capital injection as it positions itself for a summer launch for its mobile app.

Lunar Way selects Nets to support its payments

Danish challenger bank Lunar Way has selected Nets to deliver all its payment services.

Portify said to collect ?1.3m in funding led by Kindred, Entrepreneur First

Personal finance app Portify has reportedly scored ?1.3m in its Seed stage funding round.

Personal finance app Emma nets £420k in equity financing

Personal finance platform Emma Technologies has closed a £420,000 round of funding round led by Kima Ventures and Aglaè Ventures.

Wealthsimple closes another investment from Power Financial

Digital investing platform Wealthsimple has closed a $65m investment from Power Financial group of companies.

Viola holds $100m first close for maiden FinTech fund

Israel-based investment firm Viola has held the $100m first close for its maiden global FinTech fund.

Indian FinTech startup EarlySalary gets $50m of debt financing from IFMR

India's first FinTech startup offering salary advances and instant cash loans, EarlySalary, has raised $50m of debt financing from IFMR Capital.EarlySalary has already dispersed...

Robinhood confirms $1.3bn valuation after $110m round, hits two million users

Stock trading app Robinhood is confirming its $1.3bn valuation and announcing a $110m Series C round. Alongside the capital and valuation, the company is revealing a new milestone in having passed two million users globally.

News Stories

AkkenCloud and Immediate team up to revolutionise pay cycles in staffing industry

AkkenCloud and Immediate team up to revolutionise pay cycles in staffing industry

AkkenCloud, a leading innovator in the Staffing Industry known for its advanced automation and AI-driven solutions, has announced a groundbreaking partnership with Immediate, a forward-thinking provider of pay access solutions.
Marqeta powers Rain's new debit card for seamless wage access

Marqeta powers Rain’s new debit card for seamless wage access

Marqeta, a global modern card issuing platform, has partnered with Rain, a financial wellness benefits provider that assists companies in giving employees greater control over their finances.
Tiller Technologies and HSBC Expat join forces to launch digital ID verification

Tiller Technologies and HSBC Expat join forces to launch digital ID verification

Tiller Technologies, a leading RegTech company, has teamed up with HSBC Expat, a branch of HSBC Bank specialised in services for expatriates, excels in offering tailored banking solutions across the globe.
FinTech funding activity flourished this week as deals were completed on all corners of the globe, with a total of $694.5m raised over 19 tranches.

FinTech funding flourishes amid diverse week for deal activity

FinTech funding activity flourished this week as deals were completed on all corners of the globe, with a total of $694.5m raised over 19 tranches.
Klarna and Milkywire team up to expand Nature Transformation Fund for global biodiversity

Klarna and Milkywire team up to expand Nature Transformation Fund for global biodiversity

Klarna, an AI-powered global payments network and shopping assistant, and Milkywire, an environmental impact platform, have launched the Nature Transformation Fund.

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