Sector Updates

PayTech Anomaly nets $17m across seed and Series A rounds

Precision payments platform Anomaly has netted $17m in seed and Series A funding as it looks to bolster its market footprint.

CISA set to open UK-based office to foster global cooperation

The US Cybersecurity and Infrastructure Security Agency (CISA) has revealed it is set to open an office in the UK to ‘boost international cooperation and collaboration’. 
FloodFlash-enters-US-market-parametric-flood-insurance

FloodFlash enters US market, names country CEO

FloodFlash, a parametric insurance technology company that pays catastrophic flood claims within 48 hours, has entered the US market and hired its CEO to lead the division.

API developer Weav said to launch from stealth after $4.3m round

Weav, an API developer for commerce platforms, has reportedly launched out of stealth alongside the close of a $4.3m funding round.

Bindable forms strategic partnership with iptiQ

Bindable, a digital property and casualty distribution platform, has formed a strategic partnership with iptiQ.

Classy scores $118m Series D to continue product development of fundraising technology

Classy, which provides fundraising software for non-profits, has closed a $118m Series D round, which was led by Norwest Venture Partners.

Sharia-compliant Maliyya closes $1.3m seed round from Ground1

Maliyya, a Sharia compliant P2P financing and investing platform, has closed a $1.3m seed round from Ground1 Ventures.

Consero Global raises $50m in funding from BV Investment

Consero Global, a finance software and services provider for businesses, has raised $50m from private equity firm BV Investment Partners.
fintech-news

Freetrade pockets £1.1m on Crowdcube for stocks app

Stockbroking app Freetrade has smashed through its latest crowdfunding target on Crowdcube to secure £1.1m in just 12 days.

EMVCo launches new Level 3 Participant System Identifier service

Secure payment body EMVCo has launched a new service to help businesses test their products easier.

News Stories

AkkenCloud and Immediate team up to revolutionise pay cycles in staffing industry

AkkenCloud and Immediate team up to revolutionise pay cycles in staffing industry

AkkenCloud, a leading innovator in the Staffing Industry known for its advanced automation and AI-driven solutions, has announced a groundbreaking partnership with Immediate, a forward-thinking provider of pay access solutions.
Marqeta powers Rain's new debit card for seamless wage access

Marqeta powers Rain’s new debit card for seamless wage access

Marqeta, a global modern card issuing platform, has partnered with Rain, a financial wellness benefits provider that assists companies in giving employees greater control over their finances.
Tiller Technologies and HSBC Expat join forces to launch digital ID verification

Tiller Technologies and HSBC Expat join forces to launch digital ID verification

Tiller Technologies, a leading RegTech company, has teamed up with HSBC Expat, a branch of HSBC Bank specialised in services for expatriates, excels in offering tailored banking solutions across the globe.
FinTech funding activity flourished this week as deals were completed on all corners of the globe, with a total of $694.5m raised over 19 tranches.

FinTech funding flourishes amid diverse week for deal activity

FinTech funding activity flourished this week as deals were completed on all corners of the globe, with a total of $694.5m raised over 19 tranches.
Klarna and Milkywire team up to expand Nature Transformation Fund for global biodiversity

Klarna and Milkywire team up to expand Nature Transformation Fund for global biodiversity

Klarna, an AI-powered global payments network and shopping assistant, and Milkywire, an environmental impact platform, have launched the Nature Transformation Fund.

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