Telstra Global Enterprise Services' global banking expert discusses how the company is attempting to "de-risk" FinTech collaboration for established institutions.
Collaboration between incumbent financial institutions and fintech startups is now a well-established narrative within the industry and will only become more prominent.
Indian startup Affordplan has picked up $3m in a Series A round of led by Prime Venture Partners with Kalaari Capital also participating.
Digital banking technology provider Five Degree has raised €10m in a new round of funding led by Karmijn Kapitaal. 5Square and Velocity Capital also participated.
Accounts payable and invoice management service AvidXchange has raised $18m in a new round of funding. The strategic investment was led by Fifth Third Capital.
Financial news and advice platform Finimize has picked up £450,000 in a seed funding round. The investment was led by Passion Capital.
Chinese big data FinTech company QuantGroup has raised $73m in a Series C round of funding led by Sunshine Insurance Group.
Debt crowdfunding platform ECrowd! has raised €307,900 through an equity crowdfunding campaign on Crowdcube. The round attracted 135 private investors.
Singapore-based invoice financing firm SmartFunding has raised $490,000 in a seed funding round. The capital comes from FinTech Asia Group and Investorlend.
Australian blockchain-based software developer Digital X has raised AUS$1.62m ($1.2m) in post-IPO equity and inked a new deal with remittances company UniTeller.
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