Dubai-based MAGNITT.com collects $1m seed round

Dubai-based investment data platform MAGNITT.com has collected $1m in its Seed funding round.

Peernove takes $4m for blockchain-based big data

Blockchain-based enterprise big data startup Peernova has raised $4m of its ongoing Series B round. The investment comes from Zhejiang Zhongnan Holdings Group.

Goals101 closes pre-Series A on $3.25m from Nexus

Data and analytics company Goals101 has closed a pre-Series A round on $3.5m from Nexus Venture Partners.

Big Squid grabs $3m to predict business scenarios

Predictive analytics firm Big Squid has landed $3m in a seed funding round led by Silverton Partners and Kickstart Seed Fund.

Catch up on the 35 big FinTech funding rounds from the last week

Amidst the coronavirus crisis, many FinTech companies have still been able to raise big rounds. Here are 35 of the successful investment stories that...

Kasisto scores $17m Series B round led by Oak HC/FT

Finance AI platform Kasisto have scored a $17m Series B equity financing round led by Oak HC/FT.

GDS Link lands investment from private equity house

GDS Link, a provider of credit risk management software for the financial services industry, has landed an undisclosed investment from Serent Capital.

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.

PKFARE closes Series A on $1.6m

Marco Polo Technology, the parent company of travel B2B marketplace PKFARE, has closed its Series A investment on $1.6m.

Ansarada collects $18m, to support US, EMEA expansion

Ansarada, an AI-powered platform for global business readiness, has collected $18m in its Series A round.

News Stories

Big businesses responsible for major cyber vulnerabilities in the UK

Lots of financial services companies leave themselves exposed to hacks by using unpatched services, according to a new report by Rapid7.

Revolut’s losses more than tripled to £107.4m last year

Revolut annual losses jumped from £32.8m in 2018 to £107.4m in 2019, but the neobank is still hoping to break even by 2021.

Metro Bank launches SME receipt management tool as its reeling from £900m accounting mistake

Metro Bank has launched new app tools for businesses to manage their receipts as the company itself is still recovering from last year's accounting scandal.

MAS urges finance companies to moderate dividends for the financial year

The Monetary Authority of Singapore (MAS) has called for finance companies incorporated in Singapore to cap their total dividends per share for the financial year 2020 at at 60% of 2019’s level.

Singapore’s Incomlend bags $20m Series A round to democratise trade finance

Shipping companies face many monetary uncertainties, but Incomlend hopes to alleviate some of those concerns on the back of its new $20m Series A round.

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