KoinWorks raises $20m in a debt and equity round

KoinWorks, an Indonesia-based lending platform, has reportedly raised $20m in a funding round comprised of debt and equity.

Splitit boss lashes out against buy now, pay later rivals who “gauge and profiteer”...

The CEO of payment instalment startup Splitit has warned other buy now, pay later companies against trying to take advantage of vulnerable customers during the COVID-19 crisis.

FCA expects firms to freeze payments and to follow other financial relief measures to...

Last week the UK’s financial market regulator suggested a smattering of relief measures to protect people affected by the coronavirus. Now those measures have snapped into action.

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.

Australia’s SocietyOne said to raise $15m in funding

Online lending platform SocietyOne has netted $15m in a new equity raise as it looks to further its growth.

Brazil P2P lending startup IOUU closes $1.3m round

IOUU, a peer-to-peer lending platform, has reportedly raised $1.3m in a funding round as it looks to develop several new products.

Elfin Market surges past crowdfunding target

Elfin Market, which is building a peer-to-peer lending credit card, has surpassed its initial crowdfunding target.

Funding Circle completes second US securitization

Funding Circle, a peer-to-peer lending marketplace for SMEs, has completed its $252m securitization.

Californian FinTech Migo bags $20m in new Series B round to tap into Latin...

San Francisco-headquartered FinTech Migo has announced that it has raised $20m in a new funding round.

Challenger bank-hopeful Zopa rumoured to have bagged eleventh hour £130m investment

Zopa might have secured a last-minute capital injection needed to ensure the peer-to-peer lender can become a challenger bank.

News Stories

How Cobwebs is stopping the game of whack-a-mole in the fight against money laundering

Money laundering in global financial markets is like “whack-a-mole”, when you stop one scheme, another just pops up, according to Daniel Nisman, the head...

Signifyd launches new tool for online retailers

Signifyd has launched its Authorization Rate Optimization solution, a new tool which will help online retailers maximise conversion rates and protect themselves from fraud.

Barclaycard Payments implements Kount to combat fraud

Barclaycard Payments has formed a new deal with fraud prevention company Kount to improve its fight against fraud.

WealthTech100 company Appway secures $37m in funding

Switzerland-headquartered Appway, which builds business process automation software, has closed a $37m minority investment from private equity firm Summit Partners.

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.