Airbnb raises $1bn to tackle the coronavirus crisis

PropTech giant Airbnb has raised $1bn as it is dealing with a massive drop in business after COVID-19 caused huge disruptions in the travel industry.

BukuWarung said to close seed funding to help it grow its market presence

Indonesia bookkeeping app BukuWarung has reportedly closed a seed funding round which was led by East Ventures.

Privitar bags $80m in funding as it looks to continue its rapid growth

Privitar, a data privacy platform, has bagged $80m in its Series C round, coming less than a year after it closed its former round.

Funding Options adopts open banking solutions even though the industry has far from adopted...

From helping businesses survive the coronavirus crisis to revolutionising finance, Funding Options is bullish about the impact open banking could have as the FinTech embraces the data-sharing scheme.

Safaricom, Vodacom acquire African payments company M-PESA in joint venture

Kenyan mobile network Safaricom and Vodacom, the South African division of Vodafone, have acquired phone-based money transfer service M-PESA.

Vietnam-based Finhay said to raised new round

Vietnam-based robo-advisor Finhay has reportedly closed a funding round to support the expansion of its market reach.

Curve launches numberless cards for investors and its crowdfunding backers will be the first...

The long number sequence at the front of credit cards are numbered if UK-based FinTech Curve’s latest offering catches on.

InsurTech Xpension nets €25m in Series C round led by HPE Growth

German InsurTech Xpension has raised €25m in a new Series C round led by growth investor HPE Growth.

Five of the biggest deals in India this year, as the country’s sector continues...

India has established a strong FinTech sector. More than $18.6bn being invested into the space since 2015, FinTech Global’s data shows, and the country looks to be still pulling in interest.

Crossword Cybersecurity has signed a partnership with Satisnet

Cybersecurity companies Crossword Cybersecurity and Satisnet have teamed up.

News Stories

FundRock taps Zeidler’s due diligence services

FundRock, a UCITS management company and alternative investment fund manager, has chosen Zeidler to improve its conduct due diligence.

The UK’s FCA outlines priorities for the next year

The UK’s Financial Conduct Authority (FCA) has outlined its business priorities for the year ahead and has put a focus on challenges presented by the coronavirus crisis.

E-commerce fraud to exceed $25bn by 2024

E-commerce merchant losses caused by online payment fraud will exceed $25bn in 2024, a significant jump from the $17bn expected to occur in 2020, according to a study from Juniper Research.

Airbnb raises $1bn to tackle the coronavirus crisis

PropTech giant Airbnb has raised $1bn as it is dealing with a massive drop in business after COVID-19 caused huge disruptions in the travel industry.

BukuWarung said to close seed funding to help it grow its market presence

Indonesia bookkeeping app BukuWarung has reportedly closed a seed funding round which was led by East Ventures.