Digital securities company Akemona has registered with the US Securities and Exchange Commission (SEC) and is now a member of the Financial Industry Regulatory Authority (FINRA).

Turkey-based online payments platform Mobilexpress has reportedly netted $2m in its Series A round.

Smartphone adoption and consumers warming up to it will push the contactless payment markets to be worth $100bn by 2026, according to a new report from Global Market Insights.

Wales-based challenger bank Chetwood Financial has reportedly raised £10m in funding from hedge fund Elliott.

Having already established itself as a blockchain e-commerce company, Future FinTech is now planning to enter the challenger bank and digital payment sectors.

UK-based PropTech Hammock has secured ?1m in a seed funding round backed by Fuel Ventures, Ascension Ventures, Founders Factory and several unnamed angel investors.

Nude, the financial advice service for first-time homebuyers, has reached its crowdfunding campaign target, raising £3.5m on the Seedrs platform.

Challenger banks are about to grow the transactions conducted between businesses by 42% by 2022 and will take market shares from traditional vendors, according to new research from Juniper Research.

Of the 26 FinTech companies to raise rounds in the last seven days, cybersecurity and InsurTech companies enjoyed the most cash injections.

The Monetary Authority of Singapore (MAS) has established a SGD $250m ($182m) in a fund targeting the FinTech space.