Former Paytm Money CEO launches new FinTech venture, Raise Financial

Former Paytm Money managing director and CEO Pravin Jadhav's new FinTech startup Raise Financial has secured seed funding in a round led by Mirae Asset.

Backbase teams up with Zafin

Banking platform provider Backbase has inked a deal to incorporate Zafin’s relationship-based product and pricing capabilities into its Engagement Banking platform.

Razorpay seeks to double its valuation to $2bn via plans to secure up to...

FinTech startup Razorpay is reportedly in talks with existing investor Singapore investment fund GIC to raise circa $150m to $200m in a new financing round.

OakNorth Bank provides £4.4m coronavirus loan to Beulah Vista Caring Home

Challenger bank OakNorth Bank has completed a £4.4m Coronavirus Business Interruption Loan Scheme (CBILS) loan to complete the development of a care home.

Tarabut Gateway claims to have raised the largest seed round in the MENA

Open banking platform Tarabut Gateway has bagged $13m in its seed round, which was led by Target Global.

TreeCard secures $5.12m seed round

TreeCard has raised $5.12m to continue the development of its wooden Mastercard payment card and its tree-planting scheme.

Challenger bank Penta closes Series B round with €7.5m totalling funding amount to €30m

German challenger bank Penta has topped up its Series B adding an additional €7.5m injection, therefore bringing its total amount raised to €30m.

FinTech startup Avenews-GT bags $3m to help farmers connect with financial institutions

Digital agricultural trading platform Avenews-GT closed a $3m Series seed fund from the venture arm of global holding group XT Holdings, XT Hi-Tech.

FinMkt partners with Persistent to provide banks with digital lending solutions

Point of sale (POS) financing SaaS provider FinMkt has teamed up with global solutions company Persistent.

MyShubhLife reportedly raises $4m in funding

MyShubhLife, a mobile app that allows consumers to manage a range of their financial needs, has reportedly raised $4m in fresh funding.

News Stories

Cybersecurity company Armorblox closes $30m Series B

Cybersecurity company Armorblox has closed its Series B round on $30m, as it looks to grow the size of its team.

Goal-based investing is a trend for wealth management companies to look out for

Consumer expectations are changing and they want to get a better control of their finances and their futures.

JPMorgan pledges $350m to support minority owned companies with financial needs

JPMorgan Chase has committed $350m over the next five years to help close the racial wealth divide prevalent in Black, Latinx and women-owned small businesses.

Crypto firm Anchorage raises $80m to increase institutional adoption of digital assets

After getting federal banking charter last month, cryptocurrency banking company Anchorage raised $80m in a Series C funding round.

Relay teams up with Insurercore

PropTech Relay has inked a new partnership with UK-based insurance networking platform Insurercore, aimed at providing a comprehensive solution to insurance and wholesale brokers looking for capacity.

Do you know which are the leading RegTech companies in each sector?

Find out in the Global RegTech Buyer's Guide for 2021

54045

120,000+ FinTech leaders get exclusive industry stories delivered every week