E-commerce platform Tulip has netted $40m in its Series B financing round led by Kleiner Perkins.

InsurTech company Stride Health has raised $23.5m in its Series B funding round led by F-Prime Capital Partners.

San Francisco-based Bodhi Foundation has raised $10m in its token pre-sale, with the company preparing for an ICO next month.

North Carolina-based MGT Capital Investments has closed a $2.4m funding round from UAHC Ventures.

Online fraud prevention platform Emailage has secured a $10m funding round led by Anthos Capital.

A convoluted and oversaturated space for new RegTech entrants and unexpected changes to regulations are the two main issues facing the sector, according to Precognitive SVP of Operations Chris Le in a research interview with FinTech Global.

California-based 1confirmation is looking to raise up to $20m for its maiden venture capital fund.

Dubai-based NOW Money has raised $700,000 in its latest funding round from Accion Venture Lab and Newid Capital.

Switzerland-based MUUME Group has raised around $6.2m in its Series B funding round.

H1 2017 saw $34m invested in Italian FinTech companies which is over a third more than last year. Satispay was partly responsible for the jump in total investment. The mobile payments provider received a $15.4m series B round in April 2017 courtesy of Iccrea Banca in the firms largest funding round to date. This is the largest deal to...