Flipkart secures around $2.5bn in SoftBank investment

India-based e-commerce marketplace Flipkart has reportedly raised around $2.5bn in an investment from SoftBank Vision Fund.

Payment solution Ezetap secures $16m in financing round

India mobile payment platform Ezetap has secured $16m in a financing round.

Kyriba helps J.P. Morgan clients access real-time payments

Treasury management platform Kyriba has launched a new service through J.P. Morgan’s API which enables clients of both platforms to send real-time payments in the US.

Lydia nets €40m as it prepares for European growth

Mobile payments company Lydia has scored €40m in its Series B round which was led by Tencent.

PawnHero nabs $9.7m in its latest funding round

Philippines-based PawnHero has reportedly raised $9.7m in its latest round of funding from an undisclosed Philippine investment bank.

Multi-asset wallet WAWLLET collects $35m in pre-ICO sale

WAWLLET, multi-asset wallet and personal financial passport, has raised $35m in the pre-sale of its new WIN Tokens.

Soldo bags $11m in Series A led by Accel

London-based Soldo bags an $11m Series A funding round led by Accel.

DailyPay scores $5m for on-demand economy payments

DailyPay, a New York startup that allows on-demand businesses to offer employees or contractors daily payments, has raised $5m in a Series A round of funding.

Worldpay commits to Featurespace’s £16.5m funding round

Global payments platform Worldpay has taken part in the £16.5m funding round of adaptive behaviour analytic technology company Featurespace.

Align Commerce rebrands to Veem, closes $24m

Blockchain-based cross-border payments service provider Align Commerce has picked up $24m and rebranded to Veem. National Australia Bank (NAB) Ventures led the Series B round.

News Stories

Acturis partners with QOMPLX:UNDERWRITING

InsurTech software builder Acturis has partnered with QOMPLX:UNDERWRITING , a cybersecurity and data analytics platform.

Insurance Board to implement Origami Risk for streamlined operations

Insurance Board, a non-profit corporation which administers property and casualty insurance for churches in the US, has chosen Origami Risk to streamline its underwriting.

UK and Swedish companies have captured almost two-thirds of investment in Funding Platforms in...

European Funding Platform companies have raised $384.7m across 87 transactions, with both UK and Swedish companies capturing 59.8% of the sector’s funding since 2015....

Gig economy FinTech Sonovate taps RegTech company TruNarrative to help strengthen its onboarding processes

Cardiff-based FinTech company Sonovate is on a mission to strengthen its customer onboarding processes. To succeed, it recently turned to TruNarrative, the RegTech company.

Meniga receives license from Financial Conduct Authority

Meniga, which helps consumers improve their financial lives, has successfully registered as an Account Information Service Provider by the UK’s Financial Conduct Authority (FCA).