CRED secures $806m valuation on the back of Series C raise

India-based FinTech CRED has secured $81m in a new Series C round and bought shares worth $1.2m from employees.

Vitec Software acquires 4.8% stake in Nordkap

Vitec Software Group’s subsidiary Malmkroppen has acquired a 4.8% stake in real estate treasury management platform Nordkap.

Polish FinTech SMEO nets €4m to support development of its factoring solution

Poland-based SMEO closes €4m investment to support the development of its online factoring solution for small and medium-sized businesses.

Veteran fintech VC investor TTV Capital seals $127m Fund V final close

Veteran fintech-focused investment house TTV Capital has struck a $127m final close for its fifth fundraise.

Latin America and teen-focused FinTech services are coming of age as the industry closes...

Last week’s 32 FinTech rounds highlight how Latin America is exploding with new activity, how open banking has nudged closer to being fully adopted across Europe and the rising popularity of teen-focused ventures.

CredPal raises $1.5m to scale the platform

Nigerian FinTech CredPal has secured $1.5m in funding to build the "American Express of Africa".

Finland-based Rundit closes its seed round on €1m

Finland-based FinTech company Rundit has secured €1m in its seed funding round, which will help it streamline investor reporting.

What do these 28 FinTech rounds from last week reveal about the industry

Last week week saw 28 FinTechs close investment deals. Three sectors in particular proved especially successful.

Lending, credit and financial planning app Updraft seals £16m equity and debt investment

Lending, credit monitoring and financial planning app Updraft has scored a £16m equity and debt funding round.

Anyfin investigated by Swedish Consumer Agency again

FinTech Anyfin has found itself in the Swedish Consumer Agency's crosshairs again after two new commercials possibly broke the law.

News Stories

How will Brexit affect wealth management regulations?

Brexit could change the realities of wealth management and how WealthTech companies can navigate the new realities is something Zaliia Gindullina, head of business development at Kidbrooke, discussed in a recent podcast.

Napier to supply AML and CFT services to Australia Post

London-based intelligent compliance technology developer Napier has been chosen by Australia Post to support its anti-money laundering (AML) and counter-terrorism financing (CTF) services.

Insider dealer ordered to pay £3.9m

Having been found guilty of inside trading in June 2019, a former day trader has now been ordered by Southwark Crown Court to pay £3.9m via a consent confiscation order.

Personio reaches $1.7bn valuation after closing $125m funding round

HR software platform Personio has reached a $1.7bn valuation following the close of a $125m funding round.

Digital wallet spend to exceed $10trn by 2025

The total spend via digital wallets will exceed $10trn in 2025, according to new research from Juniper Research.
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