Crowdfunding

The 35 FinTech deals from the last week that you can’t afford to miss

Keeping up with all the comings and goings of the FinTech space is far from easy, but don't worry. We've got you covered with the deals that sent shock waves across the sector in the last week.

InsurTech startup honcho closes £1.2m round supported by crowdfunding and established investors

UK-based startup honcho has closed another successful round by combining crowdfunding and the backing of established investors such as Insurtech Gateway, Business Durham and the North East Development Capital Fund.

Breaking: Crowdcube and Seedrs to merge

Leading crowdfunding platforms Crowdcube and Seedrs are going to merge in a new deal, creating one of the world’s arguably largest private equity marketplaces.

Crowdfunding platform Kaistart bags $29m for Series C

China-based hospitality crowdfunding platform Kaistart has reportedly bagged a $29m in Series C led by Yunfeng Capital.

PropTech startup Brickowner has smashed its crowdfunding target on Seedrs

Having reaped huge success with crowdfunding in the past, Brickowner has now returned to Seedrs for an additional cash injection.

CapBridge Financial has picked up $2m in a equity round

Singapore-based FinTech CapBridge has reportedly picked up new money in an investment round from SGInnovate and Cyberport Macro Fund.

Crowdfunding platform for startups Envestors raises £2m in funding

Envestors, a platform connecting investors and companies, has found its own backers to support its £2m financing round.

Investing app Freetrade has raised ?6.45m on Crowdcube so far

Freetrade has crushed its ?1m target in a new crowdfunding round for 4.41% of equity at a ?140m pre-money valuation.

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.

Real estate crowdfunding platform Duocaitou bags $10m for Series A

China-based crowdfunding website Duocaitou has reportedly bagged $10m for its Series A funding round.

News Stories

AML

Leveraging AI to enhance efficiency in AML sanctions screening

False positives in AML compliance typically occur when a transaction or customer record wrongly flags a potential match with a sanctioned entity.

EU launches new anti-money laundering agency in Frankfurt to bolster financial security

MEPs have approved the establishment of a new EU anti-money laundering agency, which will be based in Frankfurt.

Tackling money laundering: How KYC loopholes are exploited by criminals

KYC protocols serve as the cornerstone of AML efforts, obliging financial institutions to verify their customers’ identities.

FINSIGHT acquires T-REX to revolutionise global private credit analytics

FINSIGHT has acquired T-REX to advance cashflow analytics in the global private credit and structured finance sectors.
Egress

KnowBe4 acquires Egress to enhance AI-driven email security

KnowBe4 has announced its plans to acquire Egress, a prominent figure in adaptive and integrated cloud email security.

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