Chinese credit assessment startup Wecash lands $80m

Chinese online credit evaluation platform Wecash has raised $80m in a Series C round from China Merchants Innovation Investment Management, Forebright Capital Management and SIG.

Curve makes bid for £10m grant from the BCR Capability and Innovation Fund

UK FinTech Curve has made a bid for a £10m grant in order to upgrade SME financing during the pandemic.

Embroker secures $100m Series C to expand business insurance offering

Digital insurance company Embroker has raised $100m from a Series C funding round led by FTV Capital.

Zest AI closes $15m investment to support its goal of boosting technology standards in...

Credit underwriting software developer Zest AI has closed a $15m investment from Insight Partners.

LenderLive agrees to sell Network division to Computershare

LenderLive Holdings has entered an agreement to sell its LenderLive Network division to Computershare Loan Services, a mortgage servicing solution.

TotallyMoney raises funds to serve growing consumer credit sector

TotallyMoney, the free credit score service and personal finance app, has raised £9m in funding from existing investors in the UK and US.

What these 25 funding rounds tell you about where the FinTech industry is going

Cybersecurity has had a big funding week with ReliaQuest picking up the biggest round last week, but several challenger banks and InsurTech ventures also bagged considerable cash injections.

MAS provides consultation response to credit bureau, reporting regulations

The Monetary Authority of Singapore (MAS) has issued a consultation response on draft regulations and notices relevant to licensed credit bureaus under the Credit Bureau Act 2016.

FinTechs urge the FCA to pull the plug on big banks’ data dominance

The Coalition for a Digital Economy (Coadec) has urged the UK's top financial regulator to make open banking truly open in 2021 and to "break" banks' dominance.

First Access receives $7m Series A led by Bamboo Capital Partners

Data analytics and credit scoring solution First Access received a $7m Series A funding round led by Bamboo Capital Partners.

News Stories

Cyber firm Zenity exits stealth period with $5m seed raise

Israeli cybersecurity and governance platform Zenity has come out of stealth mode and raised $5m from a seed funding round.

Why technology is crucial for the modern insurance sector

Research by Moody’s has found the quick uptake of technology by firms and consumers during the pandemic has revealed its vital importance to the insurance industry.

Revolut completes Nobly take-over as it eyes hospitality sector

UK FinTech firm Revolut is to acquire electronic point of sale (ePOS) software provider Nobly, to expand its solutions to serve the restaurant and...

Bareksa sets its sights on Indonesia’s financial market

Indonesia-based FinTech company Bareksa, which provides an integrated e-investment platform, has secured Series C funding from Grab. Grab is a startup based in Southeast Asia...

Credit Fair lands funding from Northern Arc

Indian consumer lending startup Credit Fair, has raised an undisclosed amount of debt from Northern Arc Capital, according to a report from VCCircle.

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