NewSpring backs software developer Pillar Technology

NewSpring has used its mezzanine fund to invest in technology developer Pillar Technology.

Nordic Capital closes Fund 9 on €4.3bn, its biggest for over a decade

European private equity house Nordic Capital has raised its biggest fund for a decade by holding an above target €4.3bn final close for its ninth flagship vehicle.

GoCo raises $7m in its Series A led by ATX

HR and benefits platform GoCo has raised $7m for its Series A round which was led by ATX Seed Ventures, the investment arm of SME product provider UpCurve.

Shift Technology to help Suravenir Assurances with fraud detection

Shift Technology, an AI-powered fraud detection and claims automation solution, is deploying its solution to property insurer Suravenir Assurances to help tackle fraudulent claims.

YES BANK partners with Microsoft to strengthen its AI-powered chatbot

Mumbai-based YES BANK has tapped Microsoft to develop its new AI-enabled chatbot name YES ROBOT.

How can robo-advisors stand out from the pack?

In a crowded robo-advisor marketplace, having different models or pricing is not a differentiator, it’s how you interact with customers that will aid success, according to SenaHill partner Kyle Zasky.

Barbados-based Bitt.com has raised a further $3m from Medici

Medici Ventures has injected a further $3m to Barbados-based Bitt.com, a blockchain-based digital payments provider.

Mastercard and Citi Ventures join Flybits’ $35m Series C round

Canadian banking personalization portal Flybits has closed a Series C funding round led by Point72, the global venture capital firm.

InsurTech company Bestow closes its second funding this year

Bestow, a full-stack digital life insurance platform, has closed its Series C round, just months after it closed its Series B.

Sweden’s Anyfin said to close $30m in its Series B

Swedish FinTech platform Anyfin has reportedly secured $30m in its Series B round, which was led by EQT Ventures.

News Stories

iSTOX nets $50m Series A to support international growth

Singapore-based iSTOX, which offers a securities issuance and trading platform, has reportedly bagged $50m in its Series A round.

Why the 34 FinTech rounds raised last week paint a bittersweet picture for cybersecurity...

InsurTech and cybersecurity companies were among the 34 FinTech companies that raised money last week, but Covid-19 continues to haunt the industry.

Sweden-based Savr closes $6m investment round

Sweden-based digital financial platform Savr has reportedly collected SEK 50m ($6m) in funding,

Wintermute closes its Series B just months after its former round

Wintermute, an algorithmic liquidity provider for digital assets, has closed its Series B round on $20m, as it looks launch its request to quote (RFQ) solution.

Navis Capital Partners invests in Moneythor

Digital banking solution Moneythor has raised a new funding round from investor Navis Capital Partners.
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