Tag: FinTech investment

New York-based Cognaize, an intelligent document processing (IDP) company harnessing proprietary hybrid intelligence technology, announced the closure of an $18m Series A funding round.

DeFi startup Ethena has successfully raised $6 million in a seed funding round, as it aims to revolutionize bond trading on the blockchain.

Phoenix, a prominent investment firm, has proudly announced its recent financial backing of Logiq, a leading UK-based cyber security specialist.

FinTech companies in the country raised $479m in the first quarter of the year across 39 deals

Cryptocurrency-focused enterprises, cybersecurity firms, challenger banks and InsurTechs were among the big winners of the 31 FinTech funding rounds reported last week.

FinTech companies in the Nordics raised nearly $1.2bn in the first three quarters of the year with Klarna and Tink closing large investments.

Companies in the UK completed 116 deals in the third quarter raising £1.8bn, the highest level in 12 months.

FinTech companies in the country recorded only a single deal over $50m so far this year compared to six in 2019.

FinTech funding in Germany in H1 declined by 73.3% compared to the opening six months of 2019.

FinTech deal activity in Q2 hit a five-quarter low as deal pipelines are drying up and investors taking a more cautious approach due to economic uncertainty.