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Neobanks and InsurTech startups among the 23 FinTechs raising money last week

Challenger banks and InsurTech ventures stood out among the 23 FinTech companies that successfully raised money last week.

Polaris expands digital footprint with new online banking platform

Nigeran bank Polaris has boosted its digital presence with the launch of VULTe, its new digital bank.

Sharia-compliant investment platform Mnaara raises pre-seed funds 

Mnaara, a FinTech specialising in offering investors access to global private funds while complying with Islamic finance principles, has successfully raised $500,000 in a pre-seed round. 
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Crealogix buys Koemei AI data, video analytics technology

FinTech company Crealogix has acquired the artificial intelligence technology of Koemei, which enables automatic conversion of audio and video content into text.It is said...
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PayPal gains a stake in five FinTech startups

Online payments giant PayPal has named five new FinTech startups to enter into its incubator program in Chennai, picking up an undisclosed stake in...
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UK PropTech CrowdProperty smashes £600,000 crowdfunding target

CrowdProperty, a UK-based property peer to peer lender, is looking to raise £600,000 through its newly launched crowdfunding campaign on Seedrs.

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Investor Beat Capital Partners is set to launch Convergence, a credit insurance business led by founder and chief executive Stephen Pike.

Stephen Pike to head new credit insurance venture backed by Investor Beat Capital Partners

Investor Beat Capital Partners is set to launch Convergence, a credit insurance business led by founder and chief executive Stephen Pike.
Mulberri, an AI-driven insurance platform, has announced a partnership with Acronis to offer their Cyber Insurance to Acronis' small and medium-sized business customers in the US.

Mulberri and Acronis join forces to offer embedded cyber insurance to US SMBs

Mulberri, an AI-driven insurance platform, has announced a partnership with Acronis to offer Mulberri’s Cyber Insurance to Acronis' small and medium-sized business customers in the US.
Mastercard has unveiled a new mobile virtual card app designed to facilitate seamless corporate payments by enabling virtual commercial cards to be easily added to digital wallets.

Mastercard launches mobile virtual card app to simplify travel and business expenses

Mastercard has unveiled a new mobile virtual card app designed to facilitate seamless corporate payments by enabling virtual commercial cards to be easily added to digital wallets.
NMI, a global leader in embedded payments, has introduced the ID TECH VP3350 mobile card reader, expanding the range of devices supported on its gateway.

NMI unveils new mobile card reader to enable seamless payments for partners

NMI, a global leader in embedded payments, has introduced the ID TECH VP3350 mobile card reader, expanding the range of devices supported on its gateway.
EverBank and Finzly have forged a strategic partnership aimed at transforming the bank's payment processing system.

EverBank partners with Finzly to revolutionise payment processing

EverBank and Finzly have forged a strategic partnership aimed at transforming the bank's payment processing system.

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