WebBank invests $250m into digital financial solution dev Avant

WebBank will invest up to $250m into digital financial solution developer Avant, as part of a securitisation deal.

Stori becomes the latest FinTech unicorn in Mexico

Credit card company Stori has become the latest Mexican company to join the unicorn club, following the close of a $150m Series C-2 funding round.  

PropTech startup Oper scores €11m in its Series A

PropTech platform Oper, which enables digital mortgages, has collected €11m in its Series A funding round.

Klarna blames worst market in 50 years for 85% drop in valuation

Swedish buy now, pay later giant Klarna has suffered a colossal downround, with its valuation dropping by 85% to $6.7bn.

Oxbury backs British farmers with additional £20m raise

Oxbury, an agricultural bank that lends to farmers, has raised £20m in funding following its £31m Series C funding round in March this year.

Klarna rival Zilch extends Series C to support growth in the US

 UK-based buy now, pay later (BNPL) unicorn Zilch has raked in an additional $50m for its Series C round, bringing the round’s total to $160m.

India-based electric vehicle financing app Turno launches from stealth

Turno, which offers loans to buy electric vehicles, has launched out of stealth after closing a $3.1m funding round.

South African FinTech Yellow nets $20m in debt financing

South Africa-based Yellow, which offers energy financing products to low-income households in Africa, has reportedly collected $20m in debt funding.

Playter is second B2B BNPL FinTech company to raise capital this week

B2B buy now pay later platform Playter has reportedly collected $55m in funding, which was mixed with debt and equity.

B2B buy now, pay later service Hokodo collects $40m

B2B buy now, pay later service provider Hokodo has picked up $40m in funding as it looks to expand into new European markets and build new products.

News Stories

Agri-InsurTech-IBISA-weather-protection-insurance-insurtech-funding-parametric

Agri-InsurTech IBISA secures funding

IBISA, an Agri-InsurTech on a mission to provide innovative weather protection insurance, has raised seed funding.
African-insurance-extreme-weather-parametric-insurtech

ARC on a mission to protect African citizens against extreme weather

Representatives from African governments, humanitarian partners and donors have met in Malawi to discuss how parametric insurance delivered through African Risk Capacity Limited (ARC) has the potential to transform how the continent deals with climate-change induced events, such as droughts and cyclones.
Tokio-Marine-Arbor-Ventures-singapore-venture-capital-fintech-insurtech-insurance-innovation

Tokio Marine and Asian VC Arbor Ventures to boost insurance innovation

Tokio Marine Asia has partnered with Singapore-based venture capital firm Arbor Ventures to accelerate innovation in the insurance industry.
Cowbell-Cyber-Swiss-Re-regtech-cyber-insurance-insurtech

Cowbell Cyber and Swiss Re join forces for cyber offering

Cowbell Cyber, a provider of cyber insurance for small and medium-sized enterprises (SMEs), has partnered with Swiss Re to offer cyber coverage to enterprises running their business on Amazon Web Services (AWS).
BitGo seeks $100m in damages after Galaxy terminates merger

BitGo seeks $100m in damages after Galaxy terminates merger

Digital asset custody, trading and financing platform BitGo is seeking $100m in damages after Galaxy Digital terminates its merger agreement.

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