18 FinTech funding rounds you missed last week

Despite coronavirus fears, the last week saw a number of FinTech companies raise money.

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.

Crowdfunded Pebble will sell to Fitbit for just $40m

Crowdfunded smartwatch-maker Pebble is being acquired by fitness tracker Fitbit for as little as $40m. In total the company raised more than $43m through crowdfunding.

Brickowner exceeds its funding round raising up to £125k

Property crowdfunding platform Brickowner has exceeded its funding round target, pulling in up to £125,722.

UK’s FCA releases rule changes to P2P platforms

The UK’s Financial Conduct Authority (FCA) has released the new rules for the peer-to-peer sector, in a bid to better protect investors while not hindering the ecosystem.

PolicyStreet bagged $1.8m in new Series A round

Malaysian InsurTech startup PolicyStreet has reported raised about $1.8m in a Series A round led by KK Fund.

Tikehau Capital acquires crowdlending platform Credit.fr

Tikehau Capital has acquired small business crowdlending platform Credit.fr, in a deal worth €12m.

FrontFundr passes $500k crowdfunding target in three days

Canada-based crowdfunding platform FrontFundr has hit its own crowdsale target of $500,000, within three days.

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.

Crowdcube releases new feature to give late-stage startups an alternative to IPOs

Crowdfunding platform Crowdcube has launched a new product called the Direct Community Offer (DCO), aimed at enabling later-stage startups to raise liquidity for early investors without going public.

News Stories

What wealth managers should look for when digitising client relationship management

Digitalisation of client relationship management is now a critical part of wealth management and firms need to automate admin tasks to foster engagement, according to WealthObjects CEO and founder Uday Bhaskar Nimmakayala.

Payments platform PPRO reaches unicorn status after funding round

Local payments platform-as-a-service PPRO has hit the unicorn status, after a $180m funding round puts its valuation to more than $1bn.

Australian FinTech funding set a new record despite deal activity plummeting amid extended lockdowns

Australian FinTech achieved another record year, but medium-sized businesses found it harder to attract investors as Covid-19 swept across the nation.

Accounting platform Trovata collects $20m in its Series A funding round

Open banking platform Trovata has reportedly collected $20m in its Series A funding round, which was led by Wells Fargo Strategic Capital.

Don’t forget to update your permissions warns the FCA

The UK's top financial watchdog has warned firms to not forget to regularly reviewer regulatory permissions or risk having their licence to operate cancelled.
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