Sensibill raises $31.5m for AI-driven banking solution
The Toronto firm targets freelancers and entrepreneurs.
Investment & Funding
Silicon Valley Bank lends $300m to innovative Irish companies
It will bring the total amount brought to the Irish market to $500m by 2024.
Hundreds of German fintech start-ups gone bust since 2017
The average age of the fintechs that failed was four years old.
Tokeny Solutions raises €5m from Euronext
Tokenisation solutions are gaining traction.
AIFC and Fidor Solutions to boost fintechs in Kazakhstan
The MoU will also promote innovation in Central Asia.
ConnexPay raises $7m Series A round
The travel payment start-up will use the funds to continue developing its tech.
EBRD partners with Swedbank to boost Lithuanian start-ups
The new innovation hub will focus on fintechs.
JP Morgan to take stake in 10x Future Technologies
10x Technologies’ boss is Anthony Jenkins, formerly Barclays head.
Mitigram raises $10.7m to facilitate trade finance risks
The Swedish fintech gets another round a year after the first one.
Citi and Vasakronan execute first MTN on Origin
The pair successfully raised AU$30 million using the debt origination platform.
Suncorp welcomes its digital incubator winners Eggy and Paypa Plane
The first program will see the fintechs ideas come to life.
Top fintech stories this week – 28 June 2019
The very best fintech news this week!
Anti-fraud firm Bleckwen kicks it off with $10m funding
A great way to come out of stealth.
Monzo hits £2bn valuation
The latest funding round raised £113 million.
Postman delivers $50m funding round
The funds will drive the API collaboration platform’s product development and customer support.
Open hits $50m funding for SME banking
The Indian fintech will use the funds to scale up the team.
Digital insurtech Qover welcomes €8m funding
The firm white-labels its solutions and is API-driven.
AI imaging platform Ocrolus closes $24m funding round
The document analysis solution combines machine processes with human intelligence.
New blockchain tech firm Atlas City Global lands $4m investment
Catalyst Network is “open source, fast, light, secure, scalable” and accessible to .Net developers.
Blend raises $130m for digital loans
The lendtech has also welcomed new execs.
MX raises $100m for data tech boost
Funds will be used to focus on clean data.
ICC 2019, Moscow: attacks of all shapes and sizes
An overview on cyber threat trends.
Top fintech stories this week – 21 June 2019
From JP Morgan’s secret UK digital bank project to MoneyGram and Ripple’s partnership.
Douugh goes public on ASX
The Aussie banking service targets $10m capital raise as first neobank on ASX.
Aazzur launches funding round
The Berlin-based fintech has also begun beta testing.
Insurtech Zego raises $42m for European expansion
The London-based firm will also double its workforce.
Token lands $16.5m funding round
It will use the funds to build on its TokenOS open banking platform.
Growth Street receives £10m funding round
Funds will be used to transform the business overdraft.
MoneyGram agrees $50m partnership with Ripple
The strategic partnership will have an initial term of two years.
Gold payments firm Glint Pay receives £5m funding
It will help the firm push its US expansion.
PayFit to double workforce with €70m funding round
French startup automates payroll and HR processes for SMEs.
ADB launches digital financial inclusion fund
It’s supported by the Bill & Melinda Gates Foundation, AFD and more.
Anti-fraud firm BlockClaim completes £500k seed funding
The UK-based firm uses AI and blockchain to detect fraud.
IBM launches Hyper Protect Accelerator for pre-Series A start-ups
15 early-stage, pre-Series A start-ups from both fintech and healthtech will be selected for the program
SecurityScorecard continues growth with $50m funding
The company has raised a total of $110 million to date.
Top fintech stories this week – 14 June 2019
This week, we look at the FCA’s new rules, SoftBank’s investment, and the World Bank’s new tech.
Symphony goes global to the tune of $165m funding
Standard Chartered, MUFG and other existing investors participated in the round.
Sure secures $23.1m Series B funding
The funds will enable the company to scale-up its business.
Augmentum Fintech to double in size as it seeks £150m fundraise
The capital would be used within the next 18 months.
In-store credit firm Sunbit attracts $26m funding
The company wants to target health and safety-related markets.
