Tag: venture capital

South Korean powerhouse, U Fintech Hub Inc., a renowned FinTech company, recently announced the successful completion of its latest funding round. The firm specialises in remittance services, operating the widely used Utransfer platform.

The US is a huge market for FinTech, enough that seeking international expansion is not a necessity for major growth. However, international payment solutions and infrastructure provider Currencycloud argues that US FinTechs should start looking abroad. 

FinTech-focused venture capital firm Illuminate Financial has received a strategic investment from Citi.

Upfin, a venture capital firm that is aiming to support the Nordic FinTech community, has bagged €30m to back early-stage startups across the region.

Singapore-based venture capital firm Resolution Ventures has reportedly held the first close of its new $20m investment fund.

Specialist FinTech investor CommerzVentures has closed its third fund on €300m, which will back early and growth-stage companies in the sector.

Calamu, a company that is building technology to help firms recover from ransomware attacks, has bagged $16.5m in funding.

The co-founder of European VC Atomico Mattias Ljungman has launched Moonfire Ventures – a VC aimed at providing seed stage funding for FinTechs among others.

FinTech-focused VC company Information Venture Partners has closed its third investment fund and has raised a total of $101m.

Venture capital startup Launchpad Capital is investing up to $35m in early-stage Lithuanian startups who are looking to break into the North American market.