Egypt-based SmartCare, a provider of online medical care programmes, has received $1.2m backing from the Egyptian-American Enterprise Fund (EAEF).

Berlin-based fintech startup Simplesurance has won German insurance group Allianz as new investor.

Fintech startup Trooly has raised $10m in a Series A funding round led by Bain Capital Ventures and Milliways Ventures to launch its new Instant Trust product.

Plaid Technologies, a software maker allowing FinTech businesses to access users data, has raised $44m in Series B round of funding.

San Francisco-based MeWe, a provider of mobile software for compliance, quality assurance, and brand standard management, raised $825,000 from angel investors earlier this month.

Slice Labs is getting the thumbs up from German insurance heavyweight Munich Re with the firm’s venture arm investing in the InsurTech startup.

Blockchain data solution Factom has raised $4.5m in a new round of funding from serial investor Tim Draper.

Financial services software provider OpenGamma has raised $13.3m in a new round of funding.The investment was led by Accel and ICAP with individual investor and existing non-executive board member Cristóbal Conde also contributing.The London-based firm offers open-source rick analytics software and recently launched a risk-as-a-service analytics suite of cloud-based tools.Accel partner Bruce Golden said, “While OpenGamma cut its teeth...

Cross boarder payments service for businesses Payoneer has raised $180m in a round led by late-stage investor Technology Crossover Ventures (TCV).

Banks and investors be wary! The European alternative financing market continues to grow according to a new report.