The coronavirus represents a “return to chaos” that could benefit FinTech companies
COVID-19 has plunged financial markets into chaos, but the pandemic also represents both challenges and opportunities for FinTech companies as they adjust to a whole new reality.
Acronis bags $250m in BlackRock-backed funding round
CyberTech firm Acronis has raised $250m in an investment round that saw support from companies including BlackRock.
FintechOS fetches $10m from World Bank’s investment arm to step up global financial inclusion
London-based financial services technology provider FintechOS secured $10m in funding from the IFC, a member of the World Bank Group.
Decentralised ID authentication platform Magic lands $27m for its ‘plug and play’ passwordless tech
Magic Labs (formerly Fortmatic), a decentralised identity startup that provides passwordless login solutions, has raised $27m in a Series A funding round.
Rally Ventures races to $250m final close for biggest fundraise yet
Early stage business tech investor Rally Ventures has hit a $250m final close for its fourth flagship fundraise.
Regenerative forests investment platform Xilva nets $1.8m
Xilva, a platform for investments in regenerative forests, has recently raised $1.8m in a pre-seed funding round.
Student banking app Mos lands $40m in Series B raise
Student banking solution Mos has raised $40m from a Series B funding round headed by Tiger Global.
Pontera bags $60m to revolutionise the retirement landscape
Pontera, a company dedicated to revolutionising the retirement landscape, has recently announced a substantial $60m capital injection.
UK-based social bank Kroo inks $24.5m as it plans to launch in early 2022
UK-based social bank Kroo raised £17.7m in Series A funding led by tech entrepreneur and founder of Karlani Capital, Rudy Karsan.
Cloud native security firm Aqua Security raises $60m
Aqua Security, a trailblazer in cloud-native security, today announced a significant financial milestone, securing $60m in additional funding.
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