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Indonesian payment solution GO-JEK acquires three FinTechs
Indonesia payment platform GO-JEK has acquired three FinTech businesses to help it bolster its position in the payment sector.
Inflexion acquires minority stake in Radius, valuing the company £800m
Inflexion Partnership Capital has made a minority stake in Radius Payment Solutions in a deal which values the company at £800m.
Tritium Partners recapitalises Inova Payroll
Inova Payroll has been recapitalised by Tritium Partners, alongside a merge with Atlanta-based Payroll Strategies.
HR Knowledge is acquired by The Hibb Group
Payroll and administration platform HR Knowledge has been acquired by The Hibb Group.
Investment management platform Fisdom nets $4m Series B
Personal finance platform Fisdom has netted $4m in a Series B round led by Quona Capital’s Accion Frontier Inclusion Fund.
Banks should NOT invest in FinTech startups – they should acquire them
If banks want to remain market leaders they need to start acquiring technology companies, according to Paul Cuatrecasas of Aquaa Partners, in a research interview with FinTech Global.
Jirnexu collects $2m just months after closing Series A round
Kuala Lumpur-based Jirnexu has announced a $2m pre-Series B, just seven months after closing its Series A round.
InsurTech platform Covera closes $1m seed round
Canada-based InsurTech platform Covera Technologies has received $1m in a seed funding round, led by Ferst Capital Partners.
Prima Solutions acquires predictive tools company Tricast
Paris-based insurance software solutions provider Prima Solutions has acquired analysis and predictive tool company Tricast.
CDPQ, Desjardins Group partner for new FinTech fund
Canada-based La Caisse de dépôt et placement du Québec has partnered with Desjardins Group to create a FinTech investment vehicle.