Digital identity management company ForgeRock has sealed $88m of investment in a Series D round led by tech investor Accel and including KKR and Meritech. The company has now raised more than $140m in growth capital since its foundation in 2010 and last year it achieved record sales of more than $100m. ForgeRock says it protect the identities of people, devices and...
Tesco is to re-launch its digital wallet app, PayQwiq, to Tesco Pay+ two years after originally launching it. The app is said to enable customers to purchase their shopping in a simple and fast manner, while collecting Tesco Clubcard points at the same time. Tesco say this makes it easy and convenient to pay at the checkout with a simple and...
Finland’s FinTech sector is gaining impressive traction, raising over $80m over 53 deals since 2014 Finland is establishing itself as a significant player in the Scandinavian FinTech space. Investments in H1 2017 surpassed the total invested in FinTech companies in 2016 and it looks set to surpass the $26.9m invested in 2015. Four of the five largest deals to Finish FinTech...
Prima Solutions, a company which designs, develops and markets software for insurance providers, is set to be bought out by The Carlyle Group. The private equity giant has agreed to buy the French company in partnership with its management team. Carlyle Europe Technology Partners III, which closed on €657m in May 2015, was used to purchase the company. The deal is expected...
UK-based Transactive Systems has received its first investment with AngelRush committing $1.5m to help growth for the next generation of banking and financial services.
FinTech growth investment firm Seven Angels Holdings has acquired real estate P2P platform Elefund.
Financial operating system Addepar has picked up $140m in its Series D round.
Seedrs has received a follow-on investment of £4m from Woodford Investment Management, valuing the company at £40m. Woodford had backed the company with £6m in a Series A round two years ago, meaning the company had a post money valuation of approximately £30m. The company said that additional funds will be used to deploy new product capabilities and boost sales and...
Power Ledger has raised $17m in the pre-sale stage of its initial coin offering, selling out within 72 hours of being available on the Ethereum network. The company allows households to trade solar power over the blockchain network to make power more distributed and sustainable. The $17m came from a public pre-sale of 100 million tokens, called POWRs which was made...
Habito has sealed a £18.5m investment, which will be used to make mortgage applications easier.
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