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London financial news and intelligence platform CityFALCON has hit its £150,000 crowdfunding target in less than a month. The company attracted 120 investors to its campaign on Seedrs.
fintech-news
South Korea’s Hanwha Life Insurance has acquired a 4.1% stake in troubled peer-to-peer lending firm Lending Club. The insurer paid $66.3m for the stake.
Blockchain biometric security company HYPR has picked up $3m in a new round of funding from RTP Ventures, Boldstart Ventures and Mesh Ventures.
Charitable crowdfunding platform GoFundMe is experiencing rapid growth and announcing that the total raised through the platform now exceeds $3bn.
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Anti-fraud security company ThreatMetrix has raised $30m in what it describes as a mezzanine growth capital round. The funding comes from existing backer Silicon Valley Bank.
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Enterprise cross-border payments network PayCommerce has raised $22m in an investment from Tritium Partners.
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South-East Asian-focused SME lender First Circle has raised $1.2m in a Seed funding round led by European investor Key Capital with 500 Startups and IMJ Investment Partners also participating.
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Belgian fintech startup FX4BIZ has raised €10m in funding and pivoted its business from an SME-focused currency-transfer operator to a banking-as-a-service platform and rebrands to IbanFirst.
fintech-news
Investment data and research startup InnoTree has raised $15m in a Series B round led by Guangdong Poly Asset Management.
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SecureKey Technologies, a Canadian provider of identity and authentication solutions, has landed C$27m ($20.56m) in growth capital.

News Stories

Mambu powers Nyla's Islamic neobank launch in Ghana

Mambu powers Nyla’s Islamic neobank launch in Ghana

Mambu, a SaaS cloud banking platform, has announced a strategic collaboration with Nyla, Africa's first Islamic neobank, to power its Shari'ah-compliant digital banking infrastructure...

Legacy systems hinder banks’ payment innovation

A new study from Aqua Global suggests that compliance obligations are increasingly dominating the payments modernisation agenda at European banks, often taking precedence over...
Prepaid payments startup raises $4m pre-seed round

Prepaid payments startup raises $4m pre-seed round

finperks, a prepaid payments infrastructure startup has raised $4m in a pre-seed funding round, backed by investors including Carsten Maschmeyer, seed + speed Ventures...
Stake closes $8m round and acquires UMoveFree

Stake closes $8m round and acquires UMoveFree

Stake, the network for renters that connects properties, financial services, and neighbourhoods through a Cash Back platform, has closed $8m in new debt and...
Parisian InsurTech Alan has reached a valuation of €5bn following a €100m funding round, strengthening its position as one of Europe’s most valuable insurance startups.

Alan valued at €5B after €100M funding round

Parisian InsurTech Alan has reached a valuation of €5bn following a €100m funding round, strengthening its position as one of Europe’s most valuable insurance...

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