Ravelin scoops up £3m for machine learning fraud detection

London-based fraud detection startup Ravelin has raised £3m in a Series A round of funding. The investment was led by Playfair Capital with existing backers Amadeus Capital and Passion Capital.

Auto and insurance data platform Xapix raises $2m in its Seed round

Xapix, a developer of digital mobility services for the automotive and insurance industries, has raised $2m in its Seed round.

Barcelona’s Verse rakes in $8.3m for peer-to-peer payments

Barcelona-based peer-to-peer payments service Verse has raised $8.3m in a Series A round of funding. The capital comes from Spark Capital, e.ventures and Greycroft Partners.

DocuSign expands solutions beyond e-signature with SpringCM buy

DocuSign, an electronic signature technology company, has agreed to buy SpringCM in a $220m deal.

Quantopian lands $25m from Andreessen for trade algorithms

Andreessen Horowitz is making a move in the robo-investment space backing trading algorithm platform Quantopian in its $25m Series C round.

Lemonade closes Series D on $300m

Online insurance company Lemonade has closed its Series D on $300m, with SoftBank Group leading the round.

AvidXchange nabs $18m for invoice management service

Accounts payable and invoice management service AvidXchange has raised $18m in a new round of funding. The strategic investment was led by Fifth Third Capital.

Divvy secures $200m in third funding round in less than a year

Business payment and expense management platform Divvy has closed a $200m Series C invesment round led by New Enterprise Associates. NEA was joined by exiting investors...

Kreditech picks up $10.4m from Rakuten

Lending and credit history startup Kreditech has picked up $10.4m in a strategic from Japanese e-commerce and web giant Rakuten.

Clerkie launches personal finance app following close of $2m seed

Clerkie, an AI-powered financial advisor, has launched its app on iPhone following the close of a $2m seed funding round.

News Stories

Check out the FinTech and RegTech firms picked for Plug and Play Japan’s latest...

An eclectic group of startups from around the world has been chosen to take part in Plug and Play Japan’s winter and spring batch.

The Swedish central bank to test its digital defences against the EU’s TIBER-EU cybersecurity...

The Riksbank may be the world’s oldest central bank, but it is still recognising the evolving threats it has to deal with.

Researchers fooled facial recognition software in payment kiosks with a mask

All it takes to fool facial recognition software is to put on a printed mask, according to new research.

FinTech Fincera’s CEO detained by Chinese police for suspected financial crime

Li Yonghui, the chairman and CEO of New York-listed FinTech firm Fincera, has been detained by Chinese police under suspicion of illegally accepting public funds.

Customers accuse Curve of incurring higher fees by sending them corporate cards they didn’t...

UK FinTech is facing criticism again after customers received cards with higher fees than what they asked for.