ANNA Money raises £3.46m on oversubscribed crowdfunding campaign on Seedrs

UK-based FinTech startup ANNA Money has smashed its £3m target for its crowdfunding campaign on Seedrs.

Janalakshmi secures around $161m in round led by TPG

Janalakshmi Financial Services has secured around $161m (INR 1030 crores) in its latest funding round led by TPG.

DigiCert receives funding from pair of private equity firms

DigiCert, a developer of identity and encryption technology, has received an investment from private equity firms Clearlake Capital Group and TA Associates.

Induslnd Bank closes $200m loan from Asian Development Bank

Induslnd Bank has reportedly closed a $200m loan from Asian Development Bank to support low income female lenders in rural areas.

Roostify picks up an undisclosed amount of money in new round led by Santander...

Digital mortgage lending Roostify has filled its coffers with a new funding round led by Santander InnoVentures, the Santander Group’s FinTech venture capital fund.

Car insurance provider Clearcover exits stealth and raises $11.5m

Online car insurance provider Clearcover has exited stealth and also announced an $11.5m round of funding, led by Lightbank.

Data analytics platform RavenPack scores $10m in funding

RavenPack, a data analytics platform for financial institutions, has scored $10m in funding from technology advisory and investment firm GP Bullhound.

Kyriba closes $45m investment led by PE firm Sumeru Equity Partners

Treasury management system Kyriba has closed a $45m equity financing round led by private equity firm Sumeru Equity Partners.

Crowdfunding platform Crowdcube has made its 1,000th raise

Exeter-based Crowdcube has facilitated its 1,000th successful crowdfunding as FinTech startups lead the way.

Munich Re/HSB Ventures makes another InsurTech investment this year

On-demand insurance provider Slice Labs has received a new funding round from Munich Re / HSB Ventures, to help with the product’s launch in the US.

News Stories

How facial recognition software can be used in ATMs

Using biometrics to provide strong customer authentications is becoming more popular and is beginning to be used in ATMs to help customers identify themselves.

Future Fund bolsters Canaree’s abilities to help startups with their financial forecasting and modelling...

Canaree, a software platform allowing early stage businesses to understand and improve their future finances, is one of them.

Jianpu blames failure to send in its annual report on the coronavirus

Chinese FinTech Jianpu Technology has been told that its failure to send in its annaual report means it is non-compliant with regulations.

FraudScope bags $7m in its Series A as it looks to scale its team

FraudScope, an AI-powered solution capable of identifying fraud, has collected $7m in its Series A round.

Surf Bank Brazil picks Paygilant to strengthen its fraud prevention capabilities

Mobile payments fraud-prevention and authentication provider Paygilant has been tapped by digital bank Surf Bank Brazil to help it fight fraud.