Dubai-based health insurance and HR service Bayzat is taking on $3.6m in a Series A round of funding led by BECO Capital.
Chatbot for financial services startup Active AI has raised $3m in a new round of venture funding from IDG Ventures India and Kalaari Capital.
Sonovate has raised a new round of funding totaling £14m for its recruiter-financing business. The Series B round was led by Global Founders Capital.
Canadian SME financing startup FundThrough has raised $18.6m (C$24.6) in a Series B round of funding led by Scale Up Ventures.
Real estate crowdinvesting platform iFunded has raised a seven-figure pre-Series A round. Creathor Venture is the only named investor.
Corporate Leaders
Biggest FinTech trend of 2016 is the potential impact of the Brexit says Wintermeyer
Despite the emergence of blockchain, the rise of InsurTech, and more corporate VCs entering the market, the biggest FinTech trend of 2016 is the potential impact of the Brexit.
Insurance is just one vertical where startups are trying to declutter the user experiences, to create more efficient services which provide customers with greater transparency.
Traditional financial services providers in Australia are not too worried about FinTech disruption, the country's first ever sector survey shows.
Square is expanding its loans offering to small businesses outside of its payments processing ecosystem.
Bitcoin exchange Bitfineix is up and running again after last week suffering a security breach that saw 19,756 bitcoins stolen from users’ accounts.
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