Augmentum Fintech to raise £28m in new placing of ordinary shares

Habito, Grover and Iwoca investor Augmentum Fintech is planning to raise £28m for future investments by conducting a placing of new ordinary shares.

Underscore VC’s Fund II goal in sight after raising over $132m

Boston-based Underscore.VC has raised over $132m for its sophmore venture capital fund, setting it just a few million dollars away from its fundraising goal. The...

Index Ventures pulls in $1.65bn across two new fundraises

Transatlantic venture capital house Index Ventures has pulled in $1.65bn for two new funds to complete a rapid fundraising process that significantly outstrips its predecessor vehicles.

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.

Ex-AOL head Case’s Revolution Ventures back with another $200m fundraise

Revolution Ventures is back eyeing another $200m venture capital-focused fundraise, a year after it gathered $150m for its debut seed investment vehicle.

Financial institutions are reengineering risk management protocols, Deloitte study finds

Financial institutions are starting to reengineer their risk management programs, a new report from Deloitte Global claims. Through a new survey of financial services executives...

Monroe Capital co-sponsors FinTech-focused merger Thunder Bridge Acquisition

Monroe Capital has co-sponsored Thunder Bridge Acquisition, a purpose-build acquisition company for FinTech companies.

Finix announces $17.5m Series A round led by Bain Capital Ventures

With its new capital injection, payment services startup Finix is set to challenge the likes of Stripe and Square.

RE tech-focused Fifth Wall nears Fund II goal after pulling in $468m

Fifth Wall Ventures has made significant ground on its second venture capital fundraise as it looks to invest in technology for the ‘built world’.

TTV Capital closes fourth FinTech fund with $93m

Atlanta-based FinTech investor TTV Capital has closed its fourth fund with $93m. The fund is more than twice the size of its third fund that closed at $40m in 2013.

News Stories

How will Brexit affect wealth management regulations?

Brexit could change the realities of wealth management and how WealthTech companies can navigate the new realities is something Zaliia Gindullina, head of business development at Kidbrooke, discussed in a recent podcast.

Napier to supply AML and CFT services to Australia Post

London-based intelligent compliance technology developer Napier has been chosen by Australia Post to support its anti-money laundering (AML) and counter-terrorism financing (CTF) services.

Insider dealer ordered to pay £3.9m

Having been found guilty of inside trading in June 2019, a former day trader has now been ordered by Southwark Crown Court to pay £3.9m via a consent confiscation order.

Personio reaches $1.7bn valuation after closing $125m funding round

HR software platform Personio has reached a $1.7bn valuation following the close of a $125m funding round.

Digital wallet spend to exceed $10trn by 2025

The total spend via digital wallets will exceed $10trn in 2025, according to new research from Juniper Research.
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