Meet the 16 startups selected for Accenture’s new FinTech Innovation Lab London cohort

Accenture has picked 16 new promising startups from such varied disciplines as InsurTech, RegTech, open data and capital markets to take part of its UK-based accelerator programme.

Big data platform Trovata nets $4.3m in its seed extension round

Automated cash reporting software Trovata has netted $4.3m in its oversubscribed seed funding round, which was led by J.P. Morgan

The global FinTech market is expected to be worth $305bn by 2025

Banks and financial services firms are driving the growth of the FinTech market towards being worth $305bn by 2025, according to new research.

American Express acquires small business loans FinTech Kabbage

American Express has acquired small business loan platform Kabbage in a deal that will see the payment giant gobble up the Covid-19 beleaguered FinTech's team, solutions and IP.

Bloom Credit has raised a $13m Series A round

FinTech Bloom Credit has bagged $13m in a Series A funding round led by Allegis NL.

BigchainDB pulls in €3m for blockchain database

Scalable blockchain database BigchainDB has raised €3m in a Series A investment. The round comes from Earlybird Venture Capital, Anthemis Group, Digital Currency Group and innogy SE.

Simply Wall St raises $1.8m Series A from its users

Australia-based Simply Wall St has closed its Series A on $1.8m from its user base of 100,000 retail investors.

Jitterbit closes $25m Series C led by KKR

Data and analytics company Jitterbit has closed a $25m Series C funding round led by KKR.

Apttus collects Series E from IBM

Apttus, a quote-to-cash and contract lifecycle management company, has additional funding to its Series E funding round from IBM.

Capital One supports the $190 recapitalisation of Situs by Stone Point

Capital One has led a $190m secured credit facility to aid the recapitalisation of Situs Holdings by Stone Point Capital.

News Stories

dacadoo launches new health engagement service for insurers

dacadoo, which builds digitalisation services for the healthcare space, has released a new digital health engagement platform to meet changing demands of insurance customers.

“Extortion scheme”: Afterpay and Klarna engage in war of words

Klarna and Afterpay are butting heads as market competition is getting fierce across the globe.

Backbase launches next-generation platform and new enhanced services

Engagement banking technology developer Backbase has launch its next-generation platform and its enhanced Backbase-as-a-service.

Sequoia Capital’s Michael Moritz named new Klarna chairman as company prepares for IPO

Klarna has hinted that it's preparing to go public soon and now the founder is saying the new chairman will be a huge help in that.

TRAXX Payments has enlisted Acuant’s KYC solutions

Payment processing provider TRAXX Payments has tapped identity verification business Acuant to create a seamless digital know your customer (KYC) process for its clients.

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