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Sonovate is the leading provider of end-to-end workflow technology and seamless access to finance at the point of need. Its funding and tech services cater to recruitment businesses, consultancies, and labour marketplaces who place permanent employees, contractors and freelancers around the world. Sonovate’s platform and expert service deliver swift credit decisions, same-day funding, credit insurance and collection services as well as timesheet and workflow automation, empowering companies to concentrate on expanding their business, confident that processes and funds are in place to meet payment deadlines. Since it started funding in 2014, Sonovate has lent over £4 billion to 3,300 businesses and 40,000 workers in 44 countries

India’s InsurTech sensation InsuranceDekho clinches $60m

India's InsurTech startup InsuranceDekho, which emerged from the automobile marketplace group CarDekho, has successfully secured $60m in its latest fundraising effort.

UK FinTech sees no deals over $100m in Q3 2023, last occurring in Q2...

Key UK FinTech investment stats in Q3 2023: • UK FinTech deal activity reached 85 deals in Q3 2023, 43% decline compared to the same...
Accelerate card service roll-out with Star's CardPro Accelerator

Accelerate card service roll-out with Star’s CardPro Accelerator

Star, a leading global technology consulting firm, links strategy, design, and engineering to assist businesses in propelling their growth and maximising value.
Leading WealthTech d1g1t secures funding for US expansion led by MissionOG

Leading WealthTech d1g1t secures funding for US expansion led by MissionOG

d1g1t, the institutional-grade wealth management platform catering to Financial Advisors, RIAs, and Multi-Family Offices, has successfully concluded a combined equity and venture debt financing round.
Visa and Lloyds Bank team up to unveil next-gen virtual card solution

Visa and Lloyds Bank team up to unveil next-gen virtual card solution

Visa, a global pioneer in digital payments, and Lloyds Bank, a key player in the UK banking sector, have joined forces.
Reseda Group fuels Goalsetter's innovative FinTech journey with $1m investment

Reseda Group fuels Goalsetter’s innovative FinTech journey with $1m investment

Reseda Group, a credit union service organisation fully owned by MSU Federal Credit Union (MSUFCU), has announced a partnership with the FinTech star, Goalsetter. Their collaboration aims to sculpt the upcoming generation of savers, investors, and credit union enthusiasts by infusing advanced financial tools and educational resources.

Multiple countries amongst top seed deals in LatAm as investors widen scope

Key Latin American FinTech seed investment stats in H1 2023: • Latin American FinTech seed deal activity reached 104 transactions in H1 2023, a 44%...
Flex secures $120m in a mix of equity and debt

Flex secures $120m in a mix of equity and debt

Flex, previously recognised as Flexbase, has made waves in the FinTech sector by successfully securing a hefty $120m in its Series A debt and equity funding round.
Beam Benefits has closed a $40m funding round which is set to boost the insurers' company value 25% since its Series E in early 2021. 

Beam Benefits raises $40m to boost company value 25%

Beam Benefits has closed a $40m funding round which is set to boost the insurers' company value 25% since its Series E in early 2021. 

Australian FinTech deal activity more than halves in H1 2023

Key Australian FinTech investment stats in H1 2023: • Australian FinTech deal activity reached 47 transactions in H1 2023, a 55% reduction from the same...

News Stories

Tekmetric and Affirm enhance auto repairs with innovative payment solutions

Tekmetric and Affirm enhance auto repairs with innovative payment solutions

Tekmetric, a leading provider of automotive repair shop management solutions, and Affirm, the payment network revolutionising consumer and merchant empowerment, have announced an expansion of their partnership.

Sage Intacct’s global expansion: Revolutionizing AP automation with AI

Sage Intacct is enhancing its position in the global market with significant upgrades to its accounting and financial management software, particularly with the expansion of its AI-driven AP Automation.
D•One joins forces with Abound to transform consumer lending through open banking

D•One joins forces with Abound to transform consumer lending through open banking

Abound and D•One, two innovators in the FinTech space, have announced a groundbreaking partnership.
CIBC Innovation Banking fuels European expansion of Wemolo's digital parking solutions

CIBC Innovation Banking fuels European expansion of Wemolo’s digital parking solutions

CIBC Innovation Banking, a leader in providing tailored financial solutions, has partnered with Wemolo, a German tech company renowned for its innovative digital parking lot solutions.
Finzly and Corpay cross-border unite to revolutionise FX payments

Finzly and Corpay cross-border unite to revolutionise FX payments

Finzly, a forefront innovator in payment and financial solutions, has entered into a strategic collaboration with Corpay Cross-Border, a NYSE-listed global leader in corporate payments.

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