Insurtech Bought By Many brings in £15m funding
A quick rise and product roll-out has created interest in investors.
Investment & Funding
Automation Anywhere scores $250m to globalise bot workforce
Its software robots can take over manual tasks such as insurance claims processing.
11:FS Podcast: death is no excuse
11:FS Fintech Insider podcast featuring FinTech Futures’ Tanya Andreasyan.
Australian payments start-up Airwallex raises $80m
Melbourne-based firm combines payments and FX transfers.
China New Era Technology Fund powers up with $15bn
China’s answer to SoftBank’s Vision Fund in Japan.
Andreessen Horowitz unleashes $300m crypto venture fund
It’s called a16z crypto and seeks to tap into the latest craze.
Bento for Business raises $9m funding
The funding nearly doubles its total capital to $18.5 million.
Highland Europe looking up with new €463m funding
It brings the tech investor’s assets to over a billion.
Trezeo seeks funding from the crowd at Seedrs
Business account provider targets 5m people in self-employed sector.
Unison raises $40m to promote the American Dream
Homeownership and investment company unveils latest funding round.
Munnypot picks up investment from Livingbridge
Private equity firm invests in UK-based robo-advisor.
Nationwide seeks start-up action with £50m fund
Mobile activity by customers has prompted the society to invest in the sector.
Blockchain firm Conio closes Series A2 with $3m of funding
Takes total valuation of firm to over $40 million.
Bahrain Development Bank unleashes $100m VC fund
Will provide support to Middle East start-ups.
Investment marketplace Newchip lands $2m in funding
Participants in round include JadeValue Fintech, Yeoman’s Capital and Polymath.
Biometrics firm Veridium touched by $150,000 grant
The grant is funded by the Bill and Melinda Gates Foundation.
P2Binvestor raises $17m to expand lending programme
To fund growth mostly for its new bank partnership programme.
Crypto firm Fantom menaces rivals with $40m funding
Will build directed acyclic graph-based smart contract platform.
MYbank plans stellar SME support
Ant Financial brand offers the promised land.
US financial planner Grove gets groovy with $8m funding
It publicly launched four months ago.
Rebtel’s new digital bank for migrants lands $8m
Added to another $8m of funding.
SmartAsset scoops up $28m in new funding
Series C round takes company’s total equity capital to more than $51 million.
Oval Money shapes up nicely with Intesa Sanpaolo backing
Italian bank also takes stake in the automated savings platform.
Brex unveils corporate card for start-ups
It also now has a total of $57 million in funding.
Dunedin invests in payments processor GPS’s £44m funding round
UK private equity firm takes stake in Global Processing Services.
UK’s Department for International Trade aims to boost fintech investment
The department will set out to attract and connect investors.
Nextmarkets lands $6.9m new funding
The Series A takes nextmarkets’ total equity to nearly $14 million.
AlphaPoint raises $15m in Series A funding round
The Series A round was led by Galaxy Digital Ventures.
RBC boss predicts CA$3.2bn tech spend in 2018
There is a focus on reducing operational costs through tech investment.
Famous faces bring funding to US insurtech Ethos
Robert Downey Jr. and Will Smith add a touch of glamour… and money.
Fintech funding round-up: 15 June 2018
USA! USA! Features Strangeworks, Eventador.io, SeriesX, Unchained Capital and ALTR.
UK tech gets £2.5bn injection
Government hopes British Patient Capital programme will be right medicine.
Regtech firm Cappitech caps off first funding round with $4m
The round was led by 83North.
German banking software provider NDGIT raises $4.7m in funding
The funding round was led by Capnamic Ventures.
Luge Capital goes huge with $75m fintech funding
Canadian VC fund looking at fintech, financial services and AI.
Alternative investor DarcMatter and crypto fund #Hashed team up
Alternative investment platform DarcMatter teams with South Korea’s crypto fund #Hashed.
From hype to reality: Switzerland has progressed into a major global fintech hub
Study finds Switzerland has “ideal conditions” for the fintech sector to flourish.
Top fintech stories this week – 8 June 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Alternative lending firm BlueVine lands $60m equity funding
The Series E round brings BlueVine’s total financing to $578 million.
Low-code development platform OutSystems reels in $360m funding
OutSystems’ valuation has now surpassed $1 billion.
