Tag: Fintech

Qatar Investment Authority has led a hefty financing round for mobile-first personal finance company SoFi which values the business at $4.3bn on a pre-money basis.

Tech-focused growth investor Pilot Growth Management, which uses AI to help source its investments, has pulled in $45m for the final close of its second fund.

VC-backed retail brokerage platform Robinhood Markets is set for a valuation of up to $8bn thanks to a new funding round, it is understood.

Allianz Group has used its digital investment unit Allianz X to take part in a C$100m investment in online investing service and trading app provider Wealthsimple.

Residential mortgage loan exchange MAXEX has picked up a Series B round of funding led by AGNC Ventures to bring its total financing to more than $90m.

Softbank has tapped its mammoth Vision Fund to back business financing provider Greensill with $800m.

The US House Committee on Financial Services has unveiled a new task force for financial technology and artificial intelligence.

San Francisco-based Chipper Cash is expanding its cross-border payment services to Nigeria together with PayStack, the payment gateway company.

Global payments business Checkout.com has sealed the biggest Series A round in history for a European fintech company through a $230m VC-backed financing.

Corvus Insurance has opened a new office in Atlanta, as the InsurTech brings in Joel Fehrman as vice president of cyber underwriting. Corvus provides a digital...