Tag: Investment
FinTech companies account for 20% of new unicorns in September 2023
Overall there were five new unicorns announced across all sectors in September 2023 with one being FinTech, a 20% share of new unicorns. Kin Insurance,...
RegTech overtakes Blockchain & Digital Assets deals in Europe amid tighter...
Key European FinTech investment stats in Q3 2023:
· European FinTech deal activity reached 233 deals in Q3 2023, 56% drop YoY
· European FinTech companies...
Radian closes $353m mortgage insurance-linked notes transaction
Radian has bagged $353m in fully collateralised excess of loss reinsurance coverage through a transaction with Eagle Re 2023-1 Ltd.
Uzum pledges $300m investment in Uzbekistan’s digital economy
Uzum, alongside prominent international investors, has set its sights on a substantial $300 million investment to fuel the growth of Uzbekistan's burgeoning digital economy.
Clearco secures $60m in Series D funding to empower ecommerce growth
Clearco, the Toronto-based FinTech firm, unveiled its recent triumph of securing $60m in a Series D investment raise.
Lendbuzz accelerates FinTech innovation with $345m investment boost
Lendbuzz, a vigorous FinTech player, announced a fundraising milestone today, securing $345m in an investment round.
MoneyHash receives financial boost from GitHub co-founder
US-based Egyptian FinTech, MoneyHash, a leading integrated suite of payment products and the region's first payment orchestration platform, has garnered attention with its recent investment news.
InsurTech Boost and Canopius US join forces to bolster Insurance Programs
Boost Insurance, the innovative insurance infrastructure platform, has unveiled a strategic partnership with Canopius US Insurance Holdings, a subsidiary of Canopius Group.
Brite Payments secures $60m to drive global expansion
Swedish FinTech Brite Payments has successfully secured $60m in a recent funding round led by Dawn Capital, with participation from Headline and existing investor Incore Invest.
ABN Amro divests 49% stake in payment processor EMS to Fiserv
ABN Amro, a prominent Dutch bank, has announced the sale of its 49% stake in EMS, a digital payments business, to Fiserv.