Seedcamp holds £60m final close for fourth venture fund

Pan-European seed investor Seedcamp has held the £60m final close for its fourth venture fund, with around 15 per cent earmarked for FinTech startups.

The Foundry Group closes seventh fund on $750m

Early stage venture capital firm The Foundry Group has closed its seventh fund on $750m.

Al Weiss’ GBV launches $100m fund to invest in blockchain tech

Global Blockchain Ventures has launched a $100m venture focused on investing in blockchain technology.

FinTech backer Menlo Ventures launches $450m-targeting special opportunities fund

Menlo Ventures is upping the stakes for its second tilt at a "special opportunity" fund raise by eyeing up to $450m for the vehicle.

Wefox gathers $125m in Series B round as it eyes rest of Europe

Berlin-based InsurTech Wefox has reportedly raised $125m for its Series B funding round led by Mubadala Ventures. The Abu Dhabi government's venture arm used its newly...

Over 50% of consumers fear using biometrics for online payments

More than half of consumers are worried about shifting to biometrics for authenticating online payments, a study from Paysafe claims.

Comvest ups stakes for fifth direct lending fundraise, could collect up to $1.2bn

Comvest Partners’ direct lending arm is looking to up the stakes for its fifth flagship fundraise targeting the asset class.

Anonymous 4chan group claims to be gearing up to invest $75m in new cryptocurrency...

Members of the controversial online forum 4chan claim to have joined forces to invest and donate $75m in bitcoin to companies protecting personal data, develop anonymity tools, blockchain and cryptocurrencies.

FinTech CURO has closed a $100m credit faculty post-IPO to help it through the...

North American credit provider CURO has raised $100m in senior secured revolving credit faculty from Atalaya Capital Management, a private credit and special opportunities alternative investment manager.

Bizzi collects an undisclosed seed round from 500 Startups

Vietnam-based Bizzi has collected an undisclosed amount of capital in a new investment round led by 500 Startups and supported by angel investors.

News Stories

Santander UK and NatWest back RegTech Ideagen in £100m round

Regulatory and compliance software provider for regulated industries Ideagen secured £100m through a new committed credit facility of £75m, with a further uncommitted of up to £25m.

POS terminal transaction volume to exceed $17.3trn by 2026

The total value of transactions processed by POS terminals will grow by 28% to exceed $17.3trn by 2026.

HKMA underlines next steps in Open API Framework introduction

The Hong Kong Monetary Authority (HKMA) has revealed its implementation plan for the third and fourth phases of its Open API Framework.

Leading US banks to pilot low credit score credit scheme

Some of the biggest US banks have signed up for a government-supported pilot program aimed at using alternative data to provide credit for people with low or no credit score.

InsurTech Wrisk lands £4.6m in Series A funding to scale its insurance product

UK InsurTech Wrisk raised a £4.6m investment round led by QBN Capital and aims to build frictionless, mobile-first insurance experiences.

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