InsurTech Voom rakes in $15m funding to expand UBI model
Voom, an InsurTech that provides usage-based insurance (UBI) for e-scooters, e-bikes and related devices, has secured $15m in funding.
Barclays backs fashion finance outfit Responsible in seed round
Responsible, an embedded finance company designed to make the fashion industry more circular, has secured $6.6m from a seed round held by Barclays.
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.
Paysend seeks global expansion following $125m Series B
UK card transfer business Paysend has closed a $125m Series B funding round led by venture capital firm One Peak.
Tessian looks toward acceleration following $65m Series C
UK security company Tessian has closed a $65m Series C funding round led by March Capital.
Crowdfunding platform Charity Checkout bags $1m in funding
Online fundraising platform Charity Checkout has bagged $1m in a funding round to help boost its services.
This equity round was led by Octopus Group...
How the coronavirus will affect different segments of the FinTech industry
As COVID-19 rages on across the world, the affects on the FinTech segment of the economy is already letting itself be known.
Global expansion is the watchword as Picus Security secures $24m Series B
Breach and attack simulation solution Picus Security has closed a $24m Series B funding round led by investment firm Turkven.
MobileCause grabs $15m for non-profit fundraising
Digital fundraising and communication platform for non-profits MobileCause has picked up $15m in a Series B round. New York-based growth equity firm Level Equity led the funding.
Africa gets a new FinTech unicorn as Chipper Cash joins the club
Cross-border payments company Chipper Cash has become a FinTech unicorn after a $150m Series C extension round pushed its valuation just above $2bn.
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