Japanese web giant Rakuten is making another European investment through its $100m FinTech fund backing insurance e-commerce startup Simplesurance.

Insurance policy comparison bot Insurify has raised $4.6m in a Series A round co-led by MassMutual Ventures and Nationwide Ventures.

The Belgian FinTech sector is gaining impressive traction, with investment growing over 12 times in the last three years. Belgian FinTech startups have attracted $88.6m across 32 deals since 2014. Last year a record $65.4m was allocated to the sector. The Top 5 Deals Raised over $55m The biggest three deals in that period were all closed in 2016 raising over...

There’s another new FinTech-focused venture firm launching with Reciprocal Ventures seeking $60m for its debut fund.

Affirm, eToro and Wealthfront backer Spark Capital has closed its second growth fund at $606m, according to an SEC filing.

Blockchain Capital is planning to make an initial coin offering (ICO) to raise capital for its new $50m fund.

Atlanta-based FinTech investor TTV Capital has closed its fourth fund with $93m. The fund is more than twice the size of its third fund that closed at $40m in 2013.

Polish bank mBank is launching a €50m FinTech investment fund to and accelerator to back startups across Central and Eastern Europe.

Bill payments firm Noventis has secured $4m in debt financing from Silicon Valley Bank to fuel growth of its processing platform. The Houston-based company serves more than 5,000 originators

A bidding war seems on the cards over remittances service MoneyGram as Kansas-based electronic payments firm Euronet Worldwide attempts to swoop in on Ant Financial $880m acquisition.