Payments platform Finix raises $17.5m in Series A round
The round was led by Bain Capital Ventures.
Investment & Funding
SumUp enhances payments for SMEs with €330m funding
Following the acquisitions of Debitoor and Shoplo.
Goldman Sachs invests €25 million in Raisin
The new funding brings the total volume of primary investment to €195 million.
Most successful Kickstarter campaigns revealed: is crowdfunding the future of fintech funding?
Kickstarter projects had an overall success rate of 36%, with $4.2bn pledged to successfully launched projects.
NLP software firm RiskGenius closes Series B round
The company provides NLP processing tools for the insurance industry.
Altonomy closes $7m seed financing round
The firm provides liquidity for crypto assets.
Lightico closes $14.5m investment for digital customer experience
In the last year, Lightico has quadrupled in employee count.
TreasurySpring launches Fixed-Term Fund platform
The platform provides a digital pipeline for the wholesale money markets.
Banking Technology July/August 2019 issue out now
Drawing the curtains on a bright tomorrow.
Blockchain firm Saga picks FIS for treasury management
Deloitte helped Saga pick its supplier.
Top fintech stories this week – 05 July 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Currencycloud raises around £32m
Investors in the first part of the Series E round have not been disclosed.
Sensibill raises $31.5m for AI-driven banking solution
The Toronto firm targets freelancers and entrepreneurs.
Silicon Valley Bank lends $300m to innovative Irish companies
It will bring the total amount brought to the Irish market to $500m by 2024.
ConnexPay raises $7m Series A round
The travel payment start-up will use the funds to continue developing its tech.
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.
Open hits $50m funding for SME banking
The Indian fintech will use the funds to scale up the team.
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.
Top fintech stories this week – 21 June 2019
From JP Morgan’s secret UK digital bank project to MoneyGram and Ripple’s partnership.
Token lands $16.5m funding round
It will use the funds to build on its TokenOS open banking platform.
MoneyGram agrees $50m partnership with Ripple
The strategic partnership will have an initial term of two years.
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.
In-store credit firm Sunbit attracts $26m funding
The company wants to target health and safety-related markets.
SME payments firm SpotOn to build on growth with $40m funding
The fintech has grown by more than 400% in 12 months.
KnowBe4 reaches $1bn valuation with latest investment round
The cybersecurity firm has raised a further $300 million.
Video: fintech news weekly round-up – 11 June 2019
This week, news about JP Morgan’s Chase, Visa, and more!
Paysend secures $4.2m crowdfunding for global expansion
The round hit its target in less than 72 hours.
Synapse receives $33m for back-end fintech
The San Francisco-based start-up expects integrations with Visa and MasterCard.
Halo raises $12m to democratise structured notes investing
The platform aims to make investment available to everyone, not just high net-worth investors.
Step receives $22.5m Series A funding
Challenger for teens’ waiting list has surpassed half a million people.
