Some startups are raising capital too early and with many suffering a ‘down-round’, according to Techstars managing director Chris Adelsbach in a research interview with FinTech Global. Finding innovation is not a problem for Techstars, with their mantra being that they’ll go wherever the entrepreneurs are. If there is a lack of support in Berlin, Paris or parts of India,...

Private equity firm Clearlake Capital Group has purchased Perforce Software, a provider of enterprise scale software solutions, from Summit Partners.

London-based digital wallet platform Pigzbe has closed its ICO after hitting its $8.85m hardcap.

Denmark-based Cardlay has netted $5m in a new round of funding to support global expansion.

PropertyGuru, an online real estate marketplace, has secured SGD $200m ($145m) in its Series D from KKR.

Credit card startup Petal has raised $13m in its Series A funding round led by Valar Ventures.

India-based NiYO Solutions has raised $13.2m in a Series A round, which was raised to support the expansion of its payroll platform.

Blockchain technology developer Mobius has closed its pre-ICO on more than $30m.

UK FinTech companies raised £3.07bn in 2017, more than the total of the previous three years combined Deals valued over £75m accounted for almost half of the funding in 2017. The total amount invested from deals in this category increased more than six-fold YoY, whilst funding raised from deals in the £0-75m category also increased by 80%. In contrast...

With nearly $0.5bn, the last quarter of 2017 accounted for 43.2% of the total amount invested in the whole year The RegTech industry saw $448m invested in Q4 2017 – more than double the value of the previous quarter, making it the strongest funding quarter to date. This surge is partially due to a rise in the funding raised...