InsurTech startup Quotall exceeds crowdfunding target

InsurTech company Quotall has exceeded the target of its crowdfunding campaign, pulling in £356,581, at the time of writing.

London-based Tembo Money raises £2.5m to help first-time property buyers increase their deposits

Tembo Money, a London-based FinTech, closed £ 2.5m in funding led by Aviva after its official launch in June 2021.

FinTechs use market alliances to offer leading savings products, research finds

Research by Investec has found FinTechs use partnerships with larger financial services companies to offer market-leading savings products to their clients.

MPOWER Financing secures $100m equity funding

US FinTech MPOWER Financing has raised $100m from a highly subscribed equity funding raise.

Digital education loan startup Credenc collects $25m from Capital India

Finance company Capital India has invested $25m via equity and debt in education loans platform Credenc.

Nude introduces new feature to support deposit-building for homebuyers

Financial advice firm Nude has unveiled a new feature aimed at providing people with the tools to collaborate on building a deposit for purchasing a home.

What last week’s 31 FinTech investments means for the PayTech sector

Out of the 33 FinTech funding rounds we reported on last week, PayTech companies and lending enterprises were the clear winners.

London-based StepEx lands €1.2m to offer alternative student finance

StepEx, an FCA-regulated FinTech startup that provides affordable student finance based on future earnings rather than debt, has raised €1.2m in pre-seed funding.

Mortgage lending startup Accept.inc inks $90m in debt and equity

Mortgage startup Accept.inc raised $90m in debt and equity led by venture capitalist firm Signal Fire as well as existing seed investors Y Combinator and DN Capital.

Vietnamese FinTech app for rural markets MFast banks $1.5m in pre-series A

FinTech startup MFast raised $1.5m in a pre-series A funding led by Do Ventures.

News Stories

ESMA publishes paper setting out plans to change MiFID II reporting requirements

The European Security and Markets Authority (ESMA) has invited firms to comment on its consultation paper seeking to make reporting requirements changes under MiFID II.

Hiro rebrands as it gears up for international expansion

Hiro, which aims to transform insurance into being prevention-first, has rebranded as Locket as it gears up for international growth.

Banking API provider M2P Fintech picks up $35m Series C

India-based M2P Fintech has secured $35m from a Series C funding round led by US investment firm Tiger Global.

ING Group named leading institution in financial crime risk

ING Group has been listed as the leading institution in financial crime risk management in a ranking from Elucidate, a risk quantification platform.

Ziglu passes £5m financing landmark in crowdfunding campaign

Personal money app Ziglu has cleared the £5m investment milestone on its eighteenth day of crowdfunding on the Seedrs platform.

See how insurance firms can use it to personalise their offering

Did you know that by 2025, almost 30% of all data created, captured, or replicated by consumer devices will be created in real-time.

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