New York-based venture capital firm FinTech Collective aims to raise $100m for its second FinTech-dedicated fund.
Concerted efforts from the government, the Danish finance sector and Copenhagen FinTech, the country’s industry association, are helping to create a strong FinTech ecosystem that is taking a key role in the Nordic region. Amongst the most active sub-sectors that are attracting investors are WealthTech, Payments & Remittances and Marketplace Lending. Over the last three years investments in FinTech companies...
Chinese online brokerage Tiger Brokers has tacked on another $14m to its Series B round. China Growth Capital led the Series B+ round for the Beijing-based company.
Financial inclusion-focused payments startup OOjiBO has raised $3.6m in a Pre-Series A round led by Centurion Private Equity.
Insurance claim management software provider ClaimVantage has raised €2m to fuel its international expansion efforts.
In-store payments app Perpule has secured $650,000 in Seed funding led by Kstart a sister company of VC Kalaari Capital.
Riga, Latvia-based consumer lending startup Creamfinance has raised €21m in new funding. The Series B round comes from Capitec Bank.
Singapore-based auto marketplace Carro has picked up $12m in funding to pump into its FinTech division. The round’s lead investor is undisclosed.
Financial services big data and analytics company Quantexa has landed a $3.3m investment from Albion Ventures and HSBC. The London-based startup uses its data software to tackle financial crime .
Savings app startup Squirrel has secured £585,000 in a crowdfunding campaign on SyndicateRoom, surpassing its £400,000 target. The capital comes from a group of 70 investors.
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