Quiet week for FinTech with only 17 deals recorded
The FinTech sector has recorded its second uneventful week in a row after FinTech Global recorded only 17 funding rounds in the industry.
iBanFirst raises €21m round despite lead investor reportedly dropping out
French FinTech iBanFirst has successfully raised €21m ($23.8m) in a Series C round, but things could reportedly have gone very differently.
Vic.ai scores $52m in Series C raise
Vic.ai, an AI accounting firm, has landed $52m in a Series C investment round led by GGV Capital and ICONIQ Growth.
Fly Now Pay Later tops its Series A to expand its Klarna-like offering in...
FinTech company that helps consumers spread the cost of their travel over a flexible duration Fly Now Pay Later raised a further £10m in Series A funding, bringing its total to £45m.
Babel Finance banks $40m to take on the global crypto market
Hong Kong-based crypto lender and asset manager Babel Finance secured $40m in funding from investors including Zoo Capital, Sequoia Capital China and Dragonfly Capital.
SpotOn valued at $1.88bn after Andreessen Horowitz-led investment
CA-based software and payments company SpotOn raised $125m in a funding round led by venture capital giant Andreessen Horowitz that valued the startup at about $1.88bn.
Jungle Ventures sets sights on raising $150m for Fund III
World Bank investment arm IFC is aiming to help plug the Series A-plus funding gap in southeast Asia through a commitment to Jungle Ventures $150m-targeting third fund.
NewAlpha seals ?56m close of France-focused FinTech fund
NewAlpha Asset Management has a closed ?56m vehicle, which it claims is the first venture capital fund solely dedicated to French FinTech investments.
PayPal among investors backing Gojek
FinTech PayPal has joined up with Facebook-owned WhatsApp in backing the Indonesian payment, e-wallet, food, ride-hailing app Gojek, according to Reuters.
CRM and revenue operations platform Nexl raises $4m
Nexl, a no-data-entry CRM and revenue operations platform, has reportedly raised $4m in a recent funding round.
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