OppFi closes $50m in corporate credit facility to help consumers easily access credit

Chicago-based FinTech company OppFi received $50m in a corporate credit facility from Atalaya Capital Management.

What Dataminr’s $475m round among the 33 investments in the FinTech sector last week...

Out of the 33 FinTech funding rounds we reported on last week, cybersecurity companies and cryptocurrency-based enterprises were the clear winners.

Jeff bags $1m to boost financial services in Southeast Asia

Loan brokerage platform Jeff App closed a $1m round led by the Estonian Business Angels Network syndicate.

Capdesk said to extend its Series A by £5m

Equity management platform Capdesk has reportedly netted £5m in its Series A extension funding.

ID verification firm Socure enters unicorn club after $100m fundraise

Socure, the startup that helps companies verify users’ identities, is valued at $1.3bn after a massive $100m funding round.

Financial planning platform Cube closes Series A round

Financial planning and analysis platform Cube has closed its Series A round, which was led by Mayfield.

InterPrice Technologies scores $2.5m in its seed round

InterPrice Technologies, which supplied corporate issuers and financial institutions with greater transparency in financing costs, has netted $2.5m in its seed round.

OpenComp closes seed round on $4.6m

OpenComp, which claims it can help companies pay employees fairly, has closed its seed round on $4.6m.

FinTech firm Countingup secures £9.1m to ease bookkeeping and accounting for SMEs

Bookkeeping and accounting software startup Countingup closed a £9.1m Series A investment round led by Framework Venture Partners.

Borrowell secures $25m in funding to acquire Refresh Financial

Canadian FinTech Borrowell has raised $25m to complete the acquisition of Refresh Financial and to support future growth.

News Stories

Coverflex said to raise €5m in its pre-seed round

Coverflex, which helps companies offer compensation to employees, has reportedly collected €5m in its pre-seed funding round.

Fintern scores £32m in a mix of debt and equity

Fintern, an online loans platform, has scored £32m in a mixture of equity and debt funding.

Cado Security scores $10m in its Series A, hot off the heels of its...

Cloud-native digital forensics platform Cado Security has scored $10m in its Series A round, which will help it support the “significant demand” for its platform.

N26 enters the insurance space with launch of new product

German challenger bank N26 has entered the insurance space, with customers now able to buy cover, manage plans and initiate claims.

Lloyd’s Lab names the 11 InsurTechs in its latest accelerator cohort

Lloyd’s Lab has announced the 11 companies it has selected for its sixth accelerator programme.
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