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PayTechs blaze a trail in this week’s funding rounds
In the 25 FinTech funding rounds reported by FinTech Global this week, PayTech and Crypto firms led the way with high levels of funding.
FlapKap pockets $3.6m in seed funding round
FlapKap, a tech-enabled revenue-based financing platform aiming to revolutionise ecommerce growth, has bagged $3.6m in a seed round.
FCA issues warning to alternative investment bosses
The FCA has written an open letter to CEOs of alternative investments companies to set out a strategy for dealing with alternative assets.
Almost half of European neobanks now offer investment products
Recent research by WealthTech firm Bricknode has found the percentage of European neobanks currently offering investment products is close to half at 44%.
deVere aims to position $2bn into ESG investments by 2026
Financial advisory group deVere has doubled its commitment to positioning assets into ESG investments to $2bn within five years.
Paysend seeks global expansion following $125m Series B
UK card transfer business Paysend has closed a $125m Series B funding round led by venture capital firm One Peak.
ComplyAdvantage boosts market consolidation with $70m Series C
Financial crime detection firm ComplyAdvantage has secured $20m from Goldman Sachs Growth Equity through an extended Series C round.
Boards are increasingly approving cybersecurity investments due to Covid-19
Most boards are looking to invest more into their digital defences, according to research by Thycotic.
Newly named decacorn Robinhood extends its Series G round to $660m
Newly crowned decacorn Robinhood has reportedly jumped straight back in the fundraising market to increase its Series G round to $660m.
Three ways the coronavirus could change RegTech
From: RegTech Analyst The COVID-19 pandemic has presented the RegTech community with both challenges and opportunities. It’s easy to see how society has changed over...
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