Credit Scoring

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.

Mastercard, Bilt team to unveil new credit card to support renters

Mastercard has collaborated with Bilt Rewards to launch Bilt Mastercard - a credit card that offers no fees on rent payments.

Wecash Technology bags $160m in Series D led by ORIX

China-based big data company Wecash Technology has closed a $160m Series D financing led by ORIX Asia Capital and SEA Group.

Deserve raises $50m round led by Goldman Sachs

Credit card company Deserve has just raised a massive $50m round led by investment bank Goldman Sachs.

Finnu bags $800,000 to launch its personal credit solution in Latin America

Fintech Finnu has secured $800,000 investment to give loans for phones to customers in Latin America.

The 38 FinTech funding rounds raised last week highlight the success of payments companies...

While the payments industry has reason to celebrate, last week also proved a boon for 38 FinTech companies closing investment rounds. The FinTech industry returned...

Credit score FinTech SavvyMoney rakes in $45m growth investment

FinTech SavvyMoney has raised $45m from a growth investment rounded headed by growth equity firm Spectrum Equity with participation from TransUnion.

FirstClose picks up ‘multi-million-dollar’ funding from Cypress Growth

FirstClose, a mortgage lending support platform, has picked up an investment from Cypress Growth Capital.

Glantus acquires vendor credit recovery FinTech JPD Financial

Ireland-based Glantus, a global provider of financial automation and data intelligence solutions, has acquired JPD Financial, which fashions itself as the industry leader in vendor credit recovery services, a term it has trademarked.

What these 25 funding rounds tell you about where the FinTech industry is going

Cybersecurity has had a big funding week with ReliaQuest picking up the biggest round last week, but several challenger banks and InsurTech ventures also bagged considerable cash injections.

News Stories

How the world's top banks and insurers are adopting GenAI tools

How the world’s top banks and insurers are adopting GenAI tools

In recent years, the integration of generative artificial intelligence (GenAI) tools within the financial sector has seen remarkable growth. A study conducted by ORX, a leading operational risk association, reveals that 75% of the world’s major banks and insurers are now utilizing external GenAI applications in their operations.
UK-based PeppercornAI bags £3.25m for AI-driven insurance solutions

UK-based PeppercornAI bags £3.25m for AI-driven insurance solutions

PeppercornAI, an InsurTech specialising in conversational artificial intelligence, has successfully raised £3.25m.
Encompass Corporation welcomes Stuart Barnard as new CFO

Encompass Corporation welcomes Stuart Barnard as new CFO

Encompass Corporation, a pioneer in Corporate Digital Identity (CDI), has recently announced the appointment of Stuart Barnard as its first Chief Financial Officer (CFO).
Unlocking the power of KYC Portal CLM in modern due diligence

Unlocking the power of KYC Portal CLM in modern due diligence

In the complex world of finance, due diligence is essential for protecting a company’s reputation and financial well-being. As customer demands for convenience increase and regulatory scrutiny intensifies, finding a balance is more important than ever. The solution lies in an innovative tool—KYC Portal Customer Lifecycle Management (CLM). The RegTech company recently compiled a guide on its role in enhancing due diligence processes.
Apax Digital Funds backs IANS Research with new investment to boost InfoSec services

Apax Digital Funds backs IANS Research with new investment to boost InfoSec services

IANS Research, a leading provider of independent research and advisory services for the information security industry, has just secured a significant investment from Apax Digital Fund II. 

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