Juvo, a mobile identity company looking to help mobile users in emerging markets improve their financial standing, has landed a strategic Investment from Samsung NEXT.
Insignary, a provider of open source software security and compliance, has closed a $2m Series A funding round.
SheerID, a digital verification platform provider, has closed a $18m Series B round to fund its move into new market segments, including financial services.
Blockchain technology developer Bluezelle has closed its ICO on $19.5m.
Tradeworx has sold its trading business to Blueshift Asset Management, so it can focus on its financial market big data solution Thesys Technologies.
RegTech 100 company Trulioo has launched a new Know Your Customer solution for mobile network operators.
The global FinTech industry received nearly $40bn-worth of funding across 1,778 deals in 2017 Global FinTech investment increased steadily between 2014 and 2017 at a CAGR of 18.2%. The total amount invested in 2017 reached a record high of $38.9bn.
Funding from deals valued over $100m increased by 43.3% YoY to reach $23.3bn, while deals valued less than $100m...
Industry Research
Investment in Spanish FinTech companies surged in 2017, despite a slowdown in deal activity
Spanish FinTech firms raised over $120m across 19 deals in 2017 Spanish FinTech deal volume had minimal variation between 2014 and 2015 with 22 and 20 deals recorded, respectively. At the same time, total investment dipped by 62.8% from $26.4m in 2014 to $9.8m in 2015, indicating a significant fall in average deal size.
The Spanish FinTech space saw...
Big data platform Zylo has scored $9.3m in a Series A funding round led by Bessemer Venture Partners.
Online mortgage lending platform Lenda has expanded into four more US states following recent $5m funding round.
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