Marathon Venture Partners has reportedly led the $9.4m funding round in to Hong Kong-based Lion Rock FinTech.
REG, an online due diligence and regulatory compliance platform, has been selected by insurance giant Lloyd’s to assist in recording data and to help reduce the administrative burden on UK coverholders.
ID Finance has secured the initial capital for its first step of its bond issuance programme, pulling in $8.5m.
Payment solutions platform iZettle has raised €40m in funding, just months after receiving €30m in debt funding from the European Investment Bank.
Lending platform Digital Finance International has received a $50m investment from Finstar Financial Group as the firm looks to boost its position in the APAC region.
Companies in the sector received $1.4bn in the first three quarters of this year, more than double the total investment in 2016 Investments in companies specialising in Blockchain & Cryptocurrencies increased year on year at a 14.2% CAGR between 2014 and 2016. So far, 2017 has been particularly successful for the sector with $1.4bn worth of investment so far.
...
Banking and investing platform Aspiration has bagged $47m in its Series B, making it the largest B-round for a US-based online banking company.
Banker’s Toolbox, which helps organisations manage risk and streamline compliance, has expanded its team with the hire of Max Thoene.
Tax software and services company CrossBorder Solutions has netted $6m in its Series A rounds led by Kennet Partners.
Cryptocurrency fund manager Bitwise Asset Management has closed a $4m seed round of funding, alongside the launch of its HOLD 10 Private Index Fund.
© FinTech Global © Copyright 2024. All rights reserved.

