China Merchants Group (CMG) has reportedly teamed up with an unnamed London-based firm to launch a $15bn technology-focused investment vehicle.

FinTech investments in France reached $297.8m across 41 deals in 2017 Investment in French FinTech companies increased rapidly at a CAGR of 47.8% between 2014 and 2017. The total amount invested in 2017 reached a record high of $297.8m. Despite the growth in capital invested, there was only a modest increase in deal activity in 2017; 41 deals were...

Autobooks, a SME accounting and payments software provider, has closed a $10m Series A1 round.

Cybersecurity platform Attivo Networks has received a new strategic investment from Singtel Innov8.

Maharashtra has become the first state in India to adopt a comprehensive FinTech policy that aims to foster an environment for FinTech startups.

Saylent, a provider of data analytics and targeted marketing automation software for financial institutions, has formed a partnership with BankFirst Financial Services.

Patient financial management platform Cedar has raised $36m in its Series B led by Kinnevik.

Banks need to embrace the FinTech ecosystem and adjust to the new world through collaboration according to Banco BNI Europa chairman and CEO Pedro Pinto Coelho in a research interview with FinTech Global.

Pledge It, a sports-based crowdfunding platform, has held the $1.5m first close for its latest funding round.

Grow.com, a reporting and analytics dashboard solution, has closed a $16m Series B round of funding, led by Toba Capital.