Konsentus completed “multi-million” pre-Series A round
RegTech Konsentus has completed what the investor Conviction Investment Partners refers to as a "multi-million pound" pre-Series A round.
Finxact bags $12m for core Banking-as-a-Service
Core banking-as-a-Service company Finxact has secured $12m in one of the largest FinTech Seed funding rounds to date.
Finastra owners reportedly looking to sell a stake in the business
Vista Equity Partners is reportedly looking to sell a minority stake in Finastra, a financial software developer.
Earnix becomes the next FinTech unicorn
Earnix, which has built an AI-powered pricing and product personalisation platform for insurance and banking, has reached the highly coveted unicorn status.
Mox bolsters banking offering with new BNPL service
Hong Kong virtual bank Mox has introduced a new buy now, pay later (BNPL) solution that can split purchase payments over a 36-month period.
OpenFin closes Series C on $17m to support product innovations
OpenFin, which gives financial institutions digital operating systems, has bagged $17m through its Series C round.
Florida regulator seeks financial services modernisation reform
A top financial regulator from Florida is hoping to modernize the state’s policy stance on cryptocurrencies, banking and securities to become more competitive.
What Nubank and Klarna’s colossal rounds from last week reveal about the FinTech industry
While Nubank’s massive Series G round and Klarna's $40bn valuation may have secured the most headlines last week, CyberTech and cryptocurrency ventures bagged the most capital injections.
Canada-based OneVest scores CAD 5m for its WealthTech platform
Canada-based OneVest, an embedded wealth management platform, has collected CAD 5m ($3.8m) in a venture funding round.
Natwest and Värde Partners back SME lender DBT
DBT, a Stockholm-based leading European SME lender, has closed a SEK 3.1bn debt facility to accelerate its lending to Swedish SMEs from NatWest and Värde Partners.