With MiFID II set to come into force in just a few days, UBS has initiated a project to use Ethereum smart contracts for compliance.
Digital current account company Loot has raised £2.2m in a series A funding round.
Industry Research
FinTech investment in Canada rebounded from a slow first half of the year to hit a record quarter in Q3
Investment in Canada-based FinTech companies more than tripled YoY reaching $251m across 16 deals in Q3 2017 Since dropping to $50.4m in Q1 2017, FinTech funding in Canada has increased for the second quarter running. Q3 2017 saw $250.7m invested in Canadian FinTech companies making it the strongest quarter to date.
The growth in investment is mainly driven by...
Gift card provider Smartbox Group has received €167m in senior debt financing led by AIB.
Digital wallet Colu has reportedly raised $14.5m in a new wave of funding from IDB Development Corporation.
Mobile Marketing Automation solutions FollowAnalytics has raised an $11m Series B round.
UK-based machine learning solution Pace has closed a ?2.5m seed investment led by InterGlobe.
Point-of-sale-financing solution Financeit has received an investment from existing shareholder Goldman Sachs.
Digital mortgage company Guaranteed Rate has closed an undisclosed investment from Thomas H. Lee Partners.
Online payment solution Paddle has raised $12.5m in funding led by Notion.
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