AMTD invests into five Singapore-based FinTech startups

The AMTD Singapore Solidarity Fund has completed the first five FinTech investments of its new S$50m ($36.7m) fund.

19 FinTech funding rounds from the last week that you better not have missed

From cybersecurity unicorn Snyk's $200m funding round to payment service provider startup Mollie's €90m new cash injection, the last week was full of FinTechs completing funding rounds.

MarketFinance secures £50m in loan investment to help businesses struggling due to Covid-19

London-based MarketFinance has secured a £50m loan investment from Israeli asset manager Viola Credit to help UK businesses struggling because of the pandemic.

Fvndit has secured a $30m investment

California and Vietnam-based FinTech company Fvndit has secured $30m in a round led by Accial Capital and Variant Investments.

Salaryo secures $5.8m in new round aimed at protecting SMEs struggling from Covid-19

Freelance and startup-focused FinTech Salaryo has bagged $5.8m in a funding round and announce plans to grow into a full digital business banking service.

How can RegTech companies ensure their use of AI is done in an ethical...

Many RegTech ventures use artificial intelligence, but when they do it is essential that they do so in an ethical way.

FinTech Ohpen acquires loan and mortgage software company Davinci

Dutch cloud-banking FinTech Ohpen has acquired cross-border loan and mortgages software provider Davinci.

23 FinTech rounds raised in the last week

Last week proved a huge win for challenger banks and the Latin American FinTech sector. Check out these funding rounds to find out why.

Tandem scraps its credit card and suffers down round whilst eyeing new home financial...

UK challenger bank Tandem is getting rid of its credit card line since it proved too costly and will now pivot towards homeowner financing after potentially having suffered a down round.

LendingUSA picks up $200m to keep expanding its business

Point-of-sale financing provider LendingUSA has closed a new credit facility and received a total financing package of up to $200m from Atalaya Capital Management.

News Stories

POS lending solution Affirm closes $500m Series G

Affirm, a buy now and pay later solution, has closed its Series G round on $500m.
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Solving the challenge of creating a customer-centric business model – Kidbrooke demo

A recent survey from PWC found that 61% of bankers believe customer-centric business models are very important, and yet only 17% of them are “very prepared” for it. Kidbrooke has released a new demo highlighting the problem in the market.

Over 60% of InsurTechs and insurers are keen to work with BigTech companies

Over 60% of InsurTechs and insurers are looking to collaborate with BigTechs, as they look to keep up with changing customer demands, a new report claims.

Good services is more important to policyholders than pricing

New research claims the key to driving long-term relationships in home insurance is less about pricing and more about great services and reputation.

TCARE closes $3m in round led by SixThirty Ventures

TCARE, which claims to be the only evidence-based, CMS 1115 approved and accredited family caregiver support platform, has netted $3m in funding.

Join the exclusive webinar with McKinsey and Akur8 to find out more 

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