Auto loan provider Finova Financial bags $102.5m in equity and debt line

Auto loan provider Finova Financial has bagged a $102.5m equity and credit facility.

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.

Audit recovery company SpendMend nets funding

Spend visibility and audit recovery company SpendMend has received an undisclosed investment from Sheridan Capital Partners.

Money laundering fugitive Richard Baldwin ordered to return £1.6m or face eight more years...

The Financial Conduct Authority has secured an order against money laundering fugitive Richard Baldwin that would force him to either pay £1.6m or face another eight years in prison.

Fattmerchant closes $5.5m funding round led by Fulcrum Equity

Payment solution provider Fattmerchant has closed a $5.5m round of funding, from Fulcrum Equity Partners.

Russian billionaire losses legal battle against Nordic banks who refused his business

One of Vladimir Putin’s besties has lost a lawsuit against four Nordic banks who refused to do business with him.

Sumo Logic joins unicorn club following $110m round close

Machine data analytics platform Sumo Logic has closed its latest financing round on $110m, setting its valuation to more than $1bn.

XTM launches Reverse ATMs enabling people to insert money at the kiosk

Toronto-based mobile banking startup XTM has announced it will begin shipments and installations in early October of its new so-called Reverse ATMs to large venues and stadiums across North America.

Cash management platform SoCash bags funding from Vertex Ventures

Singapore-based p2p cash management platform SoCash has reportedly secured an undisclosed Series A round from Vertex Ventures.

Tradeshift scores $240m in a mix of debt and equity

Tradeshift, a technology solution for supply chain payments, has scored $240m in a round made of equity and debt.

News Stories

Coverflex said to raise €5m in its pre-seed round

Coverflex, which helps companies offer compensation to employees, has reportedly collected €5m in its pre-seed funding round.

Fintern scores £32m in a mix of debt and equity

Fintern, an online loans platform, has scored £32m in a mixture of equity and debt funding.

Cado Security scores $10m in its Series A, hot off the heels of its...

Cloud-native digital forensics platform Cado Security has scored $10m in its Series A round, which will help it support the “significant demand” for its platform.

N26 enters the insurance space with launch of new product

German challenger bank N26 has entered the insurance space, with customers now able to buy cover, manage plans and initiate claims.

Lloyd’s Lab names the 11 InsurTechs in its latest accelerator cohort

Lloyd’s Lab has announced the 11 companies it has selected for its sixth accelerator programme.
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