Machine learning-driven fraud detection startup Featurespace has raised $9m in a new round of venture funding led by TTV Capital.Investment for the Cambridge-based company also came from Imperial Innovations, Nesta, Cambridge Angels and Cambridge Capital Group.The company technology provides adaptive behavioural analytics for financial services to manage card fraud across transactions through its ARIC machine learning engine.Featurespace CEO Martina...

Indian crowdfunding platform Dreamwallets has raised its first round of seed funding from seven investors.

Online loans marketplace Lendio reported strong growth for Q2 2016, with the value of loans facilitated through the platform increasing by 86% year on year.

Legal firm Hogan Lovells is launching a Regulatory Accelerator to help UK FinTech startups to understand and navigate the Financial Conduct Authority's (FCA) regulatory regime.

Barclays is rolling out voice-recognition security to all its personal banking customers, eliminating the need for passwords and improving protection against fraud.

Australian venture capital firm Reinventure has reached a close for its second $50m fund to continue investing in Australia and New Zealand-based FinTech startups.

Increasing use of artificial intelligence (AI) will lead to a surge in FinTech revenues over the next five years, according to a new report from Junipur.

International money transfer startup Azimo in integrating its service into Facebook Messenger to allow senders and receivers to connect through the social network of 1.65bn users.

PFITR (Public Funds Investment & Reporting), a SaaS company aiming to help institutional investors managing tax dollars better oversee their portfolios, has taken on $200,000 in a convertible note offering.

Digital Reasoning, which enables clients to use data to detect potential threats, has closed a $40m Series D round.