XTransfer closes $10m Series A led by China Merchants Group

XTransfer, a cross-border financial solution for Chinese SMEs, has scored $10m in its Series A round.

What do customers really think of neobanks and traditional banks?

Challenger banks often boast about their ability to revolutionise what they describe as an old timey banking sector, but do customers really buy their spiel?

Pico scores $135m in its Series C round

Pico, which builds technology services for financial markets around the world, has scored $135m in its Series C round.

P2P lender PeopleFund bags $11m in Series B

South Korea-based PeopleFund, a P2P loan platform, has raised $11m in its Series B round of funding.

HR platform Hibob collects $70m in its Series B round

HR platform Hibob secures $70m in its Series B funding round, which was led by SEEL and Israel Growth Partners.

Brickowner surpasses crowdfunding goal, pulling in £215,822

Property investment platform Brickowner has raised £215,822 in its latest crowdfunding campaign, surpassing its initial target.

Current becomes the first FinTech to receive second stimulus payment from US government

Challenger bank Current claims to be the first FinTech company to receive a second stimulus payment from the US government.

POS solution Checkmate closes Series A round on $3m

US-based POS system for restaurants Checkmate has closed its Series A round in $3m.

Sharia-compliant FinTech platform Alami said to raise over $20m in funding

Sharia FinTech platform Alami Technologies has allegedly raised more than $20m in a mixture of debt and equity.

Digital banking software developer Bankingly pulls in $5.25m

Uruguay-based Bankingly, a digital banking solution developer for financial institutions, has raised $5.25m in its latest funding round.

News Stories

Artivatic said to close funding from KFin Technologies

AI-powered SaaS solutions for insurance firms Artivatic has reportedly collected an investment from KFin Technologies, a registrar and trading agency.

Crypto wallet Zumo launches virtual Visa debit card where users can pay by crypto

Edinburgh-based cryptocurrency wallet and payment platform Zumo launched a virtual card offering to enable users spend cryptocurrencies.

Monzo to offer staff paid leave after pregnancy loss

Challenger bank Monzo becomes one of the first UK FinTechs to introduce paid leave for employees who are affected by the loss of a pregnancy as part of the bank’s mental health drive.

Treasury Prime hauls in $20m to develop its BaaS platform

CA-based Banking as a Service (BaaS) company Treasury Prime completed a $20m Series B insider round.

Huobi introduces VC subsidiary with $100m backing

Seychelles-based blockchain technology firm Huobi Group has launched a subsidiary aimed at growing its venture investment portfolio.

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