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.
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, 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.