Clearcover secures $50m as it looks to launch in more US states

Clearcover, an auto insurance platform, has secured $50m in its Series C round which was led by OMERS Ventures.

EclecticIQ closes €14m Series B funding round

Cyber threat intelligence platform EclecticIQ has closed a €14m Series B investment round.

ePayPolicy secures “significant” investment

ePayPolicy, an electronic payment processing company, has secured a “significant” investment from US-based private equity firm Serent Capital.

NAGA Group launches token pre-sale

The NAGA Group, a German FinTech company behind the social trading app SwipeStox, has launched its token pre-sale.

Open banking platform Tink raises new €90m investment round as Nordic FinTech sector matures

Having just filled its war chest with €90m of fresh capital, Swedish banking portal Tink is gearing up to roll out its services across...

BTL Group raises C$15.3m through brokered, non-brokered private placement

Blockchain platform BTL Group has raised C$15.3m ($12m) in brokered and non-brokered placements.

InsurTech solution Socotra scores $15.2m in its Series B

Socotra, a cloud-native platform insurance companies can use to build new products, has scored $15.2m in its Series B round.

Cryptocurrency platform Jincor eyes up to $27m through ICO

Jincor, which provides a platform to enables smart contracts and cryptocurrency transactions, has launched its ICO.

Rimilia scores $15m in growth funding

Rimilia, an AI-powered platform designed to help manage order-to-cash processes, has scored $15m in growth funding.

Trident Capital Cybersecurity leads Prevoty’s $13m Series B round

Prevoty, a provider of autonomous application protection solutions provider, has closed a $13m Series B financing round.

News Stories

Mobile wallet market expected to be worth $7.58trn by 2027

The mobile wallet market size was valued at $1.04trn in 2019 and is projected to reach $7.58trn by 2027, growing at a compound annual growth rate of of 28.2% from 2020 to 2027, according to new research.

For Good Causes expands its charitable efforts beyond the loyalty sector

UK FinTech company For Good Causes is expanding beyond the loyalty sector, having already enabled consumers to donate their loyalty points, cash back and air miles to over 20,000 charities.

German prosecutors have arrested the chief executive of Wirecard’s Dubai unit Cardsystems

The highly publicised collapse of Wirecard has taken another turn with German prosecutors having arrested the head of the company's Dubai-based subsidiary.

Why the founders behind Monument think there’s still room for another UK neobank

Challenger bank Monument has revealed that it is in the later stages of an application process to get a UK banking licence in order to launch a service for affluent clients.

Italian digital banking project raise €45m as the nation is still dealing with Covid-19

Italian banking executives have raised €45m ($50.9m) in a bid to launch a digital bank in a country still dealing with the coronavirus fallout.