FinTech unicorns and startups to face a coronavirus-created “vicious cycle” that could slash their...
The global COVID-19 outbreak could worsen business and funding conditions as well as changing private FinTechs’ exit options, according to a new report.
The European Parliament comes to agreement on new crowdfunding rules
The European Parliament (EP) has achieved an agreement with the European Council on new EU-wide rules for crowdfunding.
Financial identities for world’s unbanked would add $250bn to the global GDP
Catering to underbanked people could add a massive boost to the global economy, according to a new study from Oxford Economics.
Project Imagine unveils cloud-based banking services platform Pi1
E-money institution and investment firm Project Imagine has launched Pi1, a cloud-based digital banking services platform, to support banks and FinTechs around the world.
CrowdStreet raises $12m in just a month
CrowdStreet, an online marketplace for real estate investing, has raised $12m in Series C funding within just one month.
Crowdfunding platform Crowdcube has made its 1,000th raise
Exeter-based Crowdcube has facilitated its 1,000th successful crowdfunding as FinTech startups lead the way.
Cashless donations platform goodbox surpasses £1m crowdfund target
Cashless donation technology developer goodbox has hit its £1m crowdfunding target, which it is raising on the Seedrs platform.
Despite Brexit: Crowdcube’s growth has risen for the seventh consecutive quarter
In the third quarter of 2019, crowdfunding platform Crowdcube’s revenues rose to £2.2m despite the UK's upcoming divorce from the EU.
Rocket Internet nets $605m as the German FinTech sector could overtake the UK after...
The backer and incubator of several FinTech companies Rocket Internet has had a smashing start of 2019.
Litigation finance platform Legalist has secured $100m in a new venture round
Legalist, a FinTech startup and Y Combinator alumni, has just announced that it has completed a $100m venture round to help people finance their lawsuits.
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FundRock taps Zeidler’s due diligence services
FundRock, a UCITS management company and alternative investment fund manager, has chosen Zeidler to improve its conduct due diligence.
The UK’s FCA outlines priorities for the next year
The UK’s Financial Conduct Authority (FCA) has outlined its business priorities for the year ahead and has put a focus on challenges presented by the coronavirus crisis.
E-commerce fraud to exceed $25bn by 2024
E-commerce merchant losses caused by online payment fraud will exceed $25bn in 2024, a significant jump from the $17bn expected to occur in 2020, according to a study from Juniper Research.
Airbnb raises $1bn to tackle the coronavirus crisis
PropTech giant Airbnb has raised $1bn as it is dealing with a massive drop in business after COVID-19 caused huge disruptions in the travel industry.
BukuWarung said to close seed funding to help it grow its market presence
Indonesia bookkeeping app BukuWarung has reportedly closed a seed funding round which was led by East Ventures.