Infrastructure & Enterprise Software

Cybersecurity, InsurTech and neobank ventures led the 29 FinTech rounds raised last week

Out of the 29 FinTech funding rounds we reported on last week, cybersecurity companies, InsurTechs and challenger banks were among the clear winners.

Bunq reaches €1bn user deposit landmark, opens new German office

Dutch challenger bank Bunq has reached a milestone of €1bn in user deposits.

Nationwide hit with another payment outage

Nationwide Building Society has temporarily suspended inbound payments due to extremely high volumes of transactions on the first working day of the year, as revealed on Downdetector.

Starling completes £130.5m fundraise

British digital bank Starling Bank has completed an internal fundraise of £130.5m at a pre-money valuation of more than £2.5 billion.
fintech-news

Money Forward looks globally with $11m round

Money Forward has raised $11m in a Series D round led by Isetan Mitsukoshi Holdings and Mizuho Capital’s FinTech fund.

Crédit Agricole acquires FinTech Linxo Group

French bank Crédit Agricole has announced its plans to buy the Linxo Group, the FinTech startup launched in 2010.
medius-strengthens-spend-management-offering-through-ai-powered-expensya-acquisition

Medius strengthens spend management offering through AI-powered Expensya acquisition

Medius, an eminent provider of accounts payable (AP) automation based in Stockholm, Paris and Tunis, has disclosed plans to acquire Expensya, an expense management software enterprise.

HKMA launches strategy for bolstering Hong Kong FinTech market

The Hong Kong Monetary Authority (HKMA) has unveiled a new strategy for driving FinTech development in Hong Kong.

Simplus collects $17.8m for Salesforce quote-to-cash implementation

Simplus, a Salesforce partner and quote-to-cash implementation solutions provider, has raised $17.8m in funding.

Indusface bags $5m in new funding round to speed up the growth of its...

Cybersecurity Indusface has just picked up $5m Tata Capital Growth Fund II and plans to use it to aggressively grow its solutions for helping organisations protect their web and mobile applications.

News Stories

AkkenCloud and Immediate team up to revolutionise pay cycles in staffing industry

AkkenCloud and Immediate team up to revolutionise pay cycles in staffing industry

AkkenCloud, a leading innovator in the Staffing Industry known for its advanced automation and AI-driven solutions, has announced a groundbreaking partnership with Immediate, a forward-thinking provider of pay access solutions.
Marqeta powers Rain's new debit card for seamless wage access

Marqeta powers Rain’s new debit card for seamless wage access

Marqeta, a global modern card issuing platform, has partnered with Rain, a financial wellness benefits provider that assists companies in giving employees greater control over their finances.
Tiller Technologies and HSBC Expat join forces to launch digital ID verification

Tiller Technologies and HSBC Expat join forces to launch digital ID verification

Tiller Technologies, a leading RegTech company, has teamed up with HSBC Expat, a branch of HSBC Bank specialised in services for expatriates, excels in offering tailored banking solutions across the globe.
FinTech funding activity flourished this week as deals were completed on all corners of the globe, with a total of $694.5m raised over 19 tranches.

FinTech funding flourishes amid diverse week for deal activity

FinTech funding activity flourished this week as deals were completed on all corners of the globe, with a total of $694.5m raised over 19 tranches.
Klarna and Milkywire team up to expand Nature Transformation Fund for global biodiversity

Klarna and Milkywire team up to expand Nature Transformation Fund for global biodiversity

Klarna, an AI-powered global payments network and shopping assistant, and Milkywire, an environmental impact platform, have launched the Nature Transformation Fund.

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