UK ‘deeptech’ specialist IQ Capital hits £92m Fund III first close

Deeptech-focused UK venture capital firm IQ Capital has hit a £92m first close for its third fund targeting the sector.

One Utility Bill completes £650k funding led by Middleton Enterprises

UK-based billing platform One Utility Bill has completed a £650,000 funding round led by Middleton Enterprises.

Banco BNI Europa, Funding Circle partner to support German SMBs

Portuguese challenger bank Banco BNI Europa has formed a strategic partnership with Funding Circle to support German SMBs.

Soft Space takes $5m to enter Japanese market

Malaysian payments provider Soft Space has raised $5m in a Series A round from Japanese e-commerce solution Transcosmos.

Discovery Data collects investment from Northlane

Discovery Data, a data platform for financial services and insurance firms, has received an investment from Northlane Capital Partners.

Swych closes Series A with UAE Exchange leading the round

Digital gift platform Swych has closed a Series A funding, which was led by UAE Exchange Group.

Cytrust and NortonLifeLock team up to protect Latin American SMEs from cyber criminals

Cyber crime is on the rise in Latin America, but Cytrust and NortonLifeLock hope to do something about it.

French finance minister warns that Facebook’s Libra project would put an end to states’...

Bruno Le Marie, France’s finance minister, said on Thursday that Facebook’s upcoming cryptocurrency Libra should be stopped as it put “the monetary sovereignty of states [in] jeopardy.”

Uber launches new FinTech initiative Uber Money

Ride-hailing unicorn Uber has made another foray into the FinTech space with its new initiative Uber Money.

Payzer locks in $4.25m for workers finance tools

Mobile finance tool for workers in the field Payzer has raised $4.25m in a Series B round of equity capital.

News Stories

Circit collects €1.1m in its funding round as it positions for significant growth

Circit, audit confirmation platform, has collected €1.1m in its funding round, as the RegTech gears up for “significant expansion.”

Barclaycard inks partnership with FreedomPay

Payment company Barclaycard is looking to provide a seamless end-to-end payment experience to its customers through its new partnership with FreedomPay.

CampusLogic collects $120m in a minority investment from Dragoneer

Student finance support platform CampusLogic has collected $120m in a minority investment from Dragoneer Investment Group.

Open banking company Tink acquires Instantor

Tink has ramped up its Europen expansion by acquiring Instantor, the credit decision solutions provider that uses open banking technology.

Titanbay launches new platform to open up the private equity market

FinTech Titanbay hopes to democratise the private equity investment space by removing the barriers preventing smaller investors from accessing to the market.