Tag: Fintech

UNest, a FinTech platform aimed at helping parents invest and save for their children’s future, has scored $26m in its Series B funding round.

PayZen, which is on a mission to help patients pay for hospital care in a more manageable way, has secured $15m in its Series A as it gears up its AI development.

Mexican FinTech Stori has secured over $200m in financing following a $125m Series C raise and a $75m debt financing haul.

A study by Findexable and has found that only 1.5% of over a 1000 FinTech companies are founded solely by women and receive just 1% of total venture funding.

Swap, a bank-as-a-service platform based in Brazil, has capitalised on its 300% customer base growth with the close of a $25m Series A investment.

Tifin has raised $47m from a Series C funding round backed by big market players such as J.P Morgan and Morningstar.

A recent report by FinTech Saudi has found how Saudi Arabia’s FinTech market has seen a 37% hike in new companies with investment exceeding SAR$1.3bn ($347m).

A recent study by payments-as-a-service platform Modulr has found 65% of over 65s are open to using new financial services or payment methods for convenience.

India-based M2P Fintech has secured $35m from a Series C funding round led by US investment firm Tiger Global.

Sparkle has secured $3.1m in seed funding to expand the reach of its mobile-first digital bank service.