Canapi Ventures launches maiden fund with $545m capital pool

FinTech-focused venture capital firm Canapi Ventures has closed its inaugural fund with a capital pool of $545m.

NEX Group founder Michael Spencer becomes major investor in Element Ventures’ new UK FinTech...

Element Ventures is the name of a new fund aimed at supporting the UK’s FinTech industry. Now it has been revealed that Michael Spencer, founder of the NEX Group, has invested £25m into the new £100m fund.

Nubank now claims to be bigger than some nations by reaching 20 million customer...

The Brazilian decacorn Nubank has been raking in achievements lately. Having announced its first ever acquisition in January, it now boasts of having over 20 million customers on its books.

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...

First Founder’s Accelerator to support underrepresented FinTech founders in new batch

Delaware-based First Founder’s Accelerator is looking for its first cohort of FinTech founders to boost the state’s underrepresented minorities.

What’s next for Australian RegTech?

2019 saw a fluttering of new initiatives in the Australian RegTech sector. So, what’s next?

Novacap strikes C$260m first close for debut financial services fund

Canadian private equity house Novacap has hit a C$260m first close for its debut fund focused on financial services investment – just a couple of week after raising C$940m for its latest ‘industries’ vehicle.

Apis Partners hits $550m hard cap for second emerging markets financial services fund

PE firm Apis Partners has hit a $550m hard cap for the final close of its second investment fund focused on financial services companies in emerging markets.

MiddleGame Ventures sets sights on FinTech opportunities in Europe and North America with new...

MiddleGame Ventures, a FinTech-focused investment firm, has revealed its new €150m fund which will target startups in Europe and North America.

BlueVine raises $102.5m in new Series F funding round

SME financing and banking services scaleup BlueVine has raised a huge $102.5m Series F round led by ION Crossover Partners, the venture capital firm.

News Stories

Foreign exchange firm owner charged with fraud and misappropriation

A man operating out of a California and Tennessee-based company has been accused of wire fraud, fraud and misappropriation.

CFTC charges foreign exchange firm with fraud in a bitcoin-linked Ponzi scheme

A foreign exchange firm used its investors’ money for personal expenses such as buying a BMW, according to charges brought out against it by the Commodity Futures Trading Commission (CFTC).

FINRA lists MirrorWeb on its compliance vendor directory

MirrorWeb, a web archiving and monitoring solution, has been listed in the Financial Industry Regulatory Authority (FINRA) Compliance Vendor Directory (CVD).

SumUp launches new business payment card in partnership with Mastercard

UK-based FinTech startup SumUp has unveiled its first business payment card to give merchants smoother access to funds and clearer oversight of their finances.

FIS has signed up German Opel Bank as its first European client for its...

Hot on the heels of having extended its partnership with PayPal, FIS has now signed its first European banking client to use its core banking system.