Duocaitou pulls in financing for real estate crowdfunding

Chinese real estate crowdfunding platform Duocaitou has raised a pre-Series A round from investors. The amount received is undisclosed.

Zwipe pulls in $14m funding, ahead of trading on Merkur Market

Norway-based biometric technology developer Zwipe has closed a new round of funding on NOK 120m ($14m), ahead of the release of trading on Merkur Market, Oslo Børs.

Paytm pockets $60m of $300m target

One97 Communications, which operates Indian m-commerce platform Paytm, has raised $60m as a first step towards reaching a targeted $300m for its new round of funding.

Open banking platform Bud closes $20m Series A

Open banking platform Bud has secured $20m in its Series A round of funding.

Zero scoops up $2.5m for debit cards with credit card perks

Mobile banking startup Zero has raised $2.5m in a seed round of funding led by ENIAC Ventures. New Enterprise Associates, Nyca Partners, Lightbank and Middleland Capital also participated.

Enfuce lands €5m in funding, already eyeing Series A for later in the year

Finland-based payments company Enfuce Financial Service has bagged €5m in growth funding.

Financeit grabs $17m to fund TD Bank acquisition

Point-of-sale financing provider Financeit has raised a $17m round of funding led by The Pritzker Organization and DNS Capital.

Socure nets $30m Series C to accelerate market expansion

Socure, an identity verification and fraud prevention company, has netted $30m in its Series C round led by Scale Venture Partners.

Smart home InsurTech startup Neos nabs £1m

Smart home insurance service Neos has raised £1m in a seed round from Eos Venture Partners.

PPRO Group closes $50m round led by PayPal

UK-headquartered PPRO Group, a cross-border payments processor, has closed an investment round of $50m.

News Stories

How the coronavirus has affected the RegTech industry

The coronavirus has forced the global economy to grind into a halt. While the RegTech industry is not left unscathed, there are opportunities for those that look.

Neobank HM Bradley has officially launched

The US-based digital bank HMBradley has officially launched its services for the thousands of would-be users on its waitlist.

The FCA reminds banks that not all their employees need to be at the...

The Financial Conduct Authority (FCA) has told banks, building societies and credit unions that they need to carefully consider which of their workers should be able to work remotely in order to deal with COVID-19 appropriately.

Monzo’s founder won’t take out any salary for 12 months to help the company...

UK challenger bank Monzo has taken additional steps to protect the business against the pandemic-induced financial downturn. And it's not alone.

FinTechs could see rise in customers following the coronavirus pandemic

While FinTechs might be fearing the impact of the coronavirus on their business, it might actually be a beneficial thing for them, a study from financial advisory firm deVere Group claims.