Berlin-based credit scoring startup bonify has picked up €5.5m in a Series A round led by London-based Mosaic Ventures and Silicon Valley firm Ribbit Capital.
Ant Financial continues to expand its reach outside of China with a $200m investment in South Korean mobile giant Kakao finance subsidiary Kakao Pay.
New York-based startup OpenFin has landed $15m in its Series B round from a host of Wall Street firms and their venture arms for its financial desktop applications operating layer.
Chinese fintech giant Ant financial is making moves in the Philippines with an investment in Mynt. The size of the deal is undisclosed.
European VC Atomico has closed its fourth fund at $765m, making it one of Europe’s largest tech funds to date.
Emerging markets-focused credit scoring and lending startup ID Finance is has raised $50m in debt funding to expand across Latin America.
Jakarta-based point-of-sale (POS) startup MOKA has raised $2m in a new round of funding led by Mandiri Capital.
Previously investing in regional heavyweights such as Spotify and FinTech players Klarna and iZettle, Creandum led a fresh $3.25m investment into Pleo.
PayPal is expanding its offering and reaching more users with the acquisition of bill payment company TIO Networks for roughly $233m.
Connect Ventures led the round for the London-based startup with Graph Ventures and individual angel investors also participating.

News Stories

compliance

Who is the owner of compliance decisions in automated systems?

Automation is steadily moving from the margins of financial services into its operational core. Surveillance systems flag misconduct, onboarding platforms assess risk, and AI...

Weekly FinTech funding roundup: $955m raised as RegTech leads activity

Global FinTech firms raised $955m across 26 deals this week, marking a near 70% increase in funding from the figure raised over the previous...

How RegTech is solving the privacy compliance crisis

Privacy regulations are tightening, enforcement is accelerating, and the financial consequences of falling short have never been greater. For organisations scrambling to keep up, RegTech...
How agentic automation drives operational efficiency

How agentic automation drives operational efficiency

As organisations scale, a familiar problem tends to emerge: growth outpaces reliability. Processes that once ran smoothly become bogged down by complexity, handoffs stall, errors...
AI model governance: the gap holding back financial crime

Is model governance slowing AI in financial crime?

A new report from Hawk and Chartis has found that nine in ten financial institutions now actively encourage the use of artificial intelligence in...

120,000+ FinTech leaders get exclusive industry stories delivered every week