Funding Platforms

Aussie FinTech Finder to expand globally following $22m capital raise

Personal finance and price comparison platform Finder has raked in $22m from a recent capital influx.

SoftBank LatAm Fund backs Tribal in $60m Series B

B2B payments and financing platform Tribal has raised $60m from a Series B led by SoftBank Latin America Fund.
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OurCrowd secures up to $3.6m for latest capital injection

Crowdfunding platform OurCrowd has secured up to $3.6m of funding in its latest fundraise, FinTech Global can reveal.

Funding Societies said to raise $40m despite making staff cuts

Singaporean P2P lending platform Funding Societies has allegedly secured $40m in its Series C, despite the coronavirus forcing it to downsize.
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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.

23 FinTech investment rounds to make the news over the past seven days

Stripe's whooping $600m Series G expansion wasn't the only investment round completed by a FinTech company over the last week.

JP Morgan and Barclays back Illuminate Financial in $100m round

London-based VC firm focusing on FinTech startups Illuminate Financial has closed a $100m round with backing from JP Morgan Chase and Barclays.
fintech insurtech wealthtech regtech ai cybertech esg news

Zafin lands $10m from Vistara and Beedie

Vistara Capital Partners and Beedie Capital Partners have committed $10m in additional growth capital to Zafin.

Michael J Fox, Ryan Reynolds and Drake among the stars backing Wealthsimple’s C$750m latest...

Canadian FinTech company Wealthsimple has raised C$750m from a funding round led by Greylock and Meritech.

Clara eyes LatAm expansion following $30m Series A

Mexican card and spend management company Clara has closed a $30m Series A round led by DST Global Partners.

News Stories

Northern Arc secures $80m boost from IFC, enhancing financial inclusion in India

Northern Arc secures $80m boost from IFC, enhancing financial inclusion in India

Northern Arc, a diversified non-banking financial company (NBFC), proudly announces securing an investment of $80m from the International Finance Corporation (IFC), a member of the World Bank Group.
FinQuery secures $25m investment to boost AI solutions for CFOs

FinQuery secures $25m investment to boost AI solutions for CFOs

FinQuery, formerly known as LeaseQuery, has secured a significant minority investment to the tune of $25m, led by Periphas Capital and supported by Lavelle Capital.
BforeAI announces $15m boost for advancing cybersecurity predictiveness

BforeAI announces $15m boost for advancing cybersecurity predictiveness

BforeAI, a leader in predictive security solutions, has successfully closed its Series A funding round, securing a substantial $15m.
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.

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