A surplus of private equity capital and less outperforming opportunities are raising valuations according to LLR Partners vice president Ryan Goldenberg in a research interview with FinTech Global.
Abu Dhabi-based ADFG has made a significant investment in to major FinTech investor 500 Startups.
Cryptocurrency trading and data service provider BitKan has closed a $10m Series B to support its global expansion.
Company News
Payment processing companies Wirecard, Crédit Agricole Payment Services form partnership
Payment processing platform Wirecard has formed a partnership with Crédit Agricole Payment Services, to develop new e-commerce payment solutions.
Mobile investing platform 8 Securities Group has secured $25m in its Series C round from Nomura Asset Management.
Financial services API developer DriveWealth Holdings has closed its Series B funding round on $21m.
The UK FinTech industry received £425m-worth of funding in Q1 2018, a value in line with the same quarter of last year Investment in UK FinTech companies was at an elevated level in the second half of 2017. Over £1bn was invested in both Q3 and Q4, making these the strongest two funding quarters to date.
In the first...
Portfolio risk analytics platform ATA RiskStation LLC has picked up an undisclosed investment from private equity firm Caruth Capital Partners.
Royal Bank of Scotland is reportedly acquiring accounting software platform FreeAgent in a deal worth around £53m.
MoneyLion, the mobile personal finance platform, has secured a $42m Series B funding led by Edison Partners.
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