Nivo’s platform receives £2m funding to connect customers
The Manchester-based firm specialises on instant messaging and identity verification.
Investment & Funding
Financial supermarket GoBear raises $80m
The fintech aims to tackle financial exclusion.
Emerging economies payments start-up Thunes closes $10m Series A round
Plans to accelerate growth across Africa, Asia and Latin America.
UK renters’ insurer Urban Jungle raises $2.5m
The seed funding will expand the firm’s product portfolio.
Plum hits $4.5m new funding with 433% user growth in a year
The firm has reached 400,000 users.
BCR opens applications for Capability and Innovation Fund Pool C
Four £10 million grants are on offer.
Checkout.com rings up Europe’s largest ever fintech Series A round
The London-based company now eyes further global expansion.
BlueVine and GovQuote team up to fund SMEs
SLED agencies can take advantage of GovQuote’s technology to get quotes and a complete digital record for compliance.
RPA firm UiPath closes $568m funding round
Company’s post-money valuation has grown from $110 million to $7 billion.
UK challenger bank Dozens gets £3.8m crowdfunding
Dozens had already raised $8 million prior to this round.
Indio Technologies brings digital to insurance with $20m funding
The company has raised over $30 million in total.
Digital Assets Data to enhance crypto data insights with $6m funding
The firm targets crypto hedge funds, family offices, asset management research firms
Nationwide invests in new payment request service Ordo
The direct payment app launches later this year.
Technisys bags $50m funding in Series C
The banking tech provider looks to enter European markets.
Expense management app Divvy closes $200m funding
It’s the third funding round for the firm in under a year.
DIT pilots to support UK fintech international expansion
Two bridge pilot programmes with Australia and Hong Kong.
New national network launched to connect UK fintechs
Innovate Finance, FinTech Scotland and FinTech North are behind the initiative.
Mosaic Smart Data enhances analytics game with $9m funding
Its machine learning (ML) models identify and alert the user to opportunities and threats.
Seven fintech firms join forces with Nationwide to address financial capability issues
EXCLUSIVE. Nationwide talks about its Open Banking for Good initiative and the selection of fintech partners.
Top fintech stories this week – 26 April 2019
Figure Eight acquired by Appen, T-mobile launches checking account, and RBS’ digital bank picks Mambu.
Tencent takes a gamble on Argentina’s Uala
The amount of the equity investment has not been disclosed.
SoFi could secure Qatar investment for $500m round
Details of the deal are yet to be finalised.
Challenger bank Masthaven receives £60m investment
Masthaven aims to significantly increase lending to SMEs and consumers.
SoftBank invests €900m in Wirecard for APAC push
Wirecard is struggling amidst fraud investigations.
How the UK fintech sector is set to fare this year
The fintech sector continues to boom and will maintain peaked interest from investors in 2019.
Swiss fintech opens up alternative investments market with new platform
Ambitions to become leading global marketplace.
Video: fintech news weekly round-up – 23 April 2019
Facebook, Stripe, and Europe’s biggest IPO.
Indian lendtech ZestMoney raises $20m
The firm is already looking to expand in Singapore.
R8 Group raises $5m and sets sights on IPO in July
Twitter co-founder Biz Stone joins as non-executive director.
French PFM Bankin’ raises $20m in Series B
The firm has raised a total of €28 million investment since its inception.
QR payment firm Citcon raises $5m
Catering for the Chinese market.
Payfone raises $24m in round led by TransUnion
Payfone’s Trust Platform and Trust Score to be integrated into TransUnion’s product suite.
Top fintech stories this week – 18 April 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
NPM Capital acquires 35% stake in Dutch fintech Ohpen
Ambitions to expand to large banks and pension market.
Returnly raises $19m Series B round to help retailers take on Amazon
Former PayPal stars David Sacks and Max Levchin’s companies are on board.
Commercial insurance AI firm Cytora raises £25m
It was led by EQT Ventures.
Kantox completes second debt financing with €5m
The firm saw its first deal with SVB in December 2017.
Credit Kudos works hard for a £2.2m funding round
Led by Ascension Ventures.
Indian wealthtech Kuvera raises $4.5m
The firm was founded in 2016 as India’s first free-to-use web-based direct mutual fund investment platform.
Dashlane raises $30m to up password protection
Dashlane is expanding its horizons with new features like password breach alerts and monitoring.
