Indonesia-based digital wallet DANA raises funding
Indonesia-based digital wallet DANA has closed a funding round from Sinar Mas and leading e-Commerce company Lazada Group.
WealthTech Father bags $15m
WealthTech company Father has raised $15m in a Series A funding round led by Bessemer Venture Partners.
FCA and PSR establish SWG on open banking
The Financial Conduct Authority (FCA) and the Payment Systems Regulator (PSR) has established a strategic working group via its Joint Regulatory Oversight Committee.
Investing platform Yieldstreet nabs $400m credit facility
Direct-to-consumer investing platform Yieldstreet has closed a $400m credit facility from Monroe Capital.
Serena Ventures ready to make a racket
Following her retirement, tennis star Serena Williams’ has said she will focus on her venture capital firm Serena Ventures, which backs a variety of companies including FinTechs and InsurTechs, many of which are owned by women and people of colour.
Ghana-based Zeepay bags $10m investment
Ghana-based PayTech company Zeepay has reportedly raised $10m in a funding round.
Appital raises additional funding ahead of product launch
Appital, which stylises itself as the ‘Equity Capital Marketplace’, has raised an additional £1.7m in funding.
Bricknode outlines plan to profitability
Bricknode, a SaaS financial services platform, has revealed a series of measures to accelerate its route to profitability.
Pensions app Penfold closes Series A on £7m
Digital pensions platform Penfold has collected £7m in its Series A funding round, following the launch of its workplace pension platform late last year.
Old Street Digital scores $2.8m in seed funding
Old Street Digital, an institutional asset manager, has raked in $2.8m in a seed funding investment round.