The Monetary Authority of Singapore unveils new sandbox option to boost FinTech innovation
Singapore’s financial regulator has launched a new initiative to provide FinTech innovators with a faster way to test their ideas. But it won’t be open to everyone.
Why SumUp and Stripe took centrestage among the 41 FinTech investment rounds last week
Of the 41 FinTech investment deals last week, companies in three sectors, in particular, proved to be exceptionally successful as the list of FinTech unicorns continues to grow.
Arc emerges from stealth on startup growth mission
Arc, a full-service finance platform for SaaS, emerged from stealth with $161m in total funding from equity and credit investors.
Addi secures $65m funding, enters strategic partnership with Santander
Columbian buy now, pay later (BNPL) firm Addi has snared $65m in debt and equity funding.
Markd poised to back digital transformation in insurance
Markd has launched as an InsurTech VC and subsequently closed its $100m debut fund to fund early and growth stage startups.
UK’s FCA releases rule changes to P2P platforms
The UK’s Financial Conduct Authority (FCA) has released the new rules for the peer-to-peer sector, in a bid to better protect investors while not hindering the ecosystem.
Lightico snares $15m in Capital One-backed Series B
US customer interaction firm Lightico has secured $15m from a Series B funding round led by Capital One Ventures.
The SEC opens up crowdfunding rules to help businesses survive COVID-19
As the coronavirus is continuously making the situation more dire for businesses, the Securities and Exchange Commission (SEC) has offered them a potential lifeline by providing temporary, conditional relief by easing the US’ crowdfunding rules.
Cape scores $33.1m in debt and equity funding
Australian expenses management platform Cape has raised $33.1m in debt and equity financing following a $30m debt facility and a $3.1m equity round.
German open banking firm Finleap Connect bags €22m Series A
Open banking platform Finleap Connect has secured €22m from a Series A funding round led by SBI Investment.