Tag: Investment

Lending, credit monitoring and financial planning app Updraft has scored a £16m equity and debt funding round.

The US' top financial market regulator has filed a complaint in federal court for the Eastern District of New York, accusing a New Yorker of conducting a $2.1m fraud out of at least two boiler rooms over six months in 2018 and 2019.

FinTech companies in the country raised over $1.04bn in the first nine months of 2020, just 9.7% shy of the previous annual record set last year

Green-focused investment app developer Cooler Future has picked up €1.4m of funding from venture capital house Lifeline Ventures and a string of angel investors.

Investment startup Growth Capital Ventures has secured £750,000 in new investment from Finance Durham Fund.

The sector saw a sharp slowdown in funding from the second half of last year as social distancing brought real estate transactions to a halt.

Magnetis, which offers Brazilian investors a wealth management solution, has reportedly raised $11m in its new funding round as it looks to become a full-service brokerage.

The global Institutional Investments & Trading sector recorded only $521.3m of funding in the first half of 2020 which is only 12.4% of the levels seen in H1 2019

The share of deals under $1m reached a four-year high in the first six months of 2020.

Neobanks in the country completed five of the top ten deals during the first six months of the year The top ten Australian FinTech...