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.

Unqork closes a further $51m to its Series B round

Unqork, a no-code application platform, has closed an additional $51m in funding, upping its Series B to a total of $131m.

Malaysia-based Jirnexu closes $11m Series B led by SBI

Jirnexu, a full stack FinTech solution developer, has closed an $11m Series B funding round led by existing backer SBI Group.

Mobile app flaws could leave half of mobile banks at risk of fraud

Over half of bank mobile apps could leave companies and their clients exposed to fraud, according to a new report.

Tink names new chairman as Sweden enjoys wave of FinTech success stories

Open banking company Tink has announced Klaus Holse as its new chairman of the board just as Sweden enjoys a surge of FinTech success...

Karat launches credit cards to get influencers and YouTube creators a new credit line

Getting accepted for credit at traditional banks is not always easy for influencers, but that is a problem Karat is trying to solve.

Weavr closes $4m in its seed funding round

Embedded banking software developer Weavr has closed its seed round on $4m, as it launches its first suite of tools aimed at the services sector.

JUMO secures $52m in round led by Goldman Sachs

JUMO, a financial infrastructure and product developer, has secured $52m in a funding round led by Goldman Sachs.

Teslar Software bags $2m in seed round supported by ICBA

Teslar Software, an automated workflow and portfolio management tool suite for community financial institutions, has bagged $2m in its seed round.

FinTech-focused Cross River Bank gets $100m KKR-led funding round

FinTech-focused banking-as-a-service provider Cross River Bank has picked up a $100m funding round led by private equity giant KKR.

News Stories

iSTOX nets $50m Series A to support international growth

Singapore-based iSTOX, which offers a securities issuance and trading platform, has reportedly bagged $50m in its Series A round.

Why the 34 FinTech rounds raised last week paint a bittersweet picture for cybersecurity...

InsurTech and cybersecurity companies were among the 34 FinTech companies that raised money last week, but Covid-19 continues to haunt the industry.

Sweden-based Savr closes $6m investment round

Sweden-based digital financial platform Savr has reportedly collected SEK 50m ($6m) in funding,

Wintermute closes its Series B just months after its former round

Wintermute, an algorithmic liquidity provider for digital assets, has closed its Series B round on $20m, as it looks launch its request to quote (RFQ) solution.

Navis Capital Partners invests in Moneythor

Digital banking solution Moneythor has raised a new funding round from investor Navis Capital Partners.
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