Brazil-based personal finance platform GuiaBolso has secured a $40m funding round led by Vostok Emerging Finance.
Online fundraising platform Charity Checkout has bagged $1m in a funding round to help boost its services. This equity round was led by Octopus Group founders Chris Hulatt and Simon Rogerson, also participating in the round were four of the existing investors. Founded in 2011, the company helps local charities, clubs and societies set up online donation campaigns. Charity Checkout was...
Singapore-based online investment platform CapBridge has secured a partnership with the Singapore Exchange and raised up to $4m in a new round of funding.
Industry Research
Funding to FinTech companies in CEE looks set to fall after a record year for investment in 2016
Total FinTech investments in Central and Eastern Europe hit a record in 2016 with FinTech companies receiving $218.3m, more than double 2015 total funding 2016 saw record levels of total funding going to FinTech companies based in CEE. However, 75.6% of this funding came from two debt financing rounds to online loans company 4finance. Discounting these two deals 2016...
BlueVine, a Redwood City, CA-based provider of working capital financing to SMEs, has secured up to $130m in debt capital financing.
RenewBuy, a Gurgaon, India-based online insurance aggregator, has raised $9.2m (INR60m) from Amicus Capital. The deal represents the second round of fundraising completed by the D2C Consulting, which owns and operates RenewBuy. It previously raised capital from Singapore-based Mount Nathan Advisors and several undisclosed high net worth individuals. Balachander Sekhar and Indraneel Chatterjee, both of whom were with insurance major MetLife,...
Anti-fraud artificial intelligence solution platform Feedzai has secured a $50m Series C.
Polkadot, which is looking to enable independent blockchains to exchange information, has raised more than $139m in an on-going auction style ICO.
Treasury management solutions platform TreasuryXpress has closed a $5m growth investment.
Cybersecurity startup Militus has closed an undisclosed series A funding round from US private equity firm CyberSEC3.Irvine, California-based Militus provides real-time network traffic monitoring for assessing a network security posture, remediation services, and governance, risk management & compliance (GRC) assessments. Its product and service offerings are anchored around the Unified Security Analytics Managers (USAM),?a portable "best of breed" series...
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