Bookkeeping startup OKCredit raises $67m as India’s FinTech scene is booming

Bangalore-based OKCredit has completed a $67m Series B funding round led by Lightspeed Venture Partners and Tiger Global as the country’s FinTech scene has raised over $13bn since 2014.

Magnum Research bags Series A ++ funding round

Magnum Research’s robo-advisor platform AQUMON has closed its Series A ++ round of funding.

FinTech Global reveals the names of the 100 most innovative WealthTech companies in the...

For the second year running, FinTech Global has gathered a panel of wealth management industry experts to find the 100 most pioneering WealthTech companies in the world.

23 FinTech rounds raised in the last week

Last week proved a huge win for challenger banks and the Latin American FinTech sector. Check out these funding rounds to find out why.

Berenberg launches new WealthTech portal together with Backbase

Digital banking infrastructure company Backbase has helped the 400-year-old bank Berenberg launch a new customer-centric digital wealth management portal.

BBVA and Spanish startup Multiverse team up for quantum technologies test

Spanish bank BBVA has run a proof-of-concept quantum technologies test together with Multiverse to see the innovative technology would boost investment portfolios' performance.

Nutmeg adds another £12m from Taipei Fubon Bank

London wealth management company Nutmeg has added £12m to its £30m Series D round from Taiwanese financial services firm Taipei Fubon Bank.

Indonesian robo-advisor Bibit.id banks $65m led by Sequoia India

Robo-advisor Bibit.id raised $65m in a funding round led by Sequoia Capital India.

StashAway launches services into Malaysia

Singapore-based robo-advisor StashAway has launched its services into Malaysia.

Spain-based Finizens receives €4m investment

Spain-based Finizens has received a €4m investment from undisclosed European investors.

News Stories

Here are this week’s 46 FinTech deals you won’t want to miss

The FinTech sector is continuing to take the world by storm, and last week saw an impressive 46 companies close fresh investment rounds.

Acrisure unveils cyber security division

Global insurance broker Acrisure has launched a cyber services division, Acrisure Cyber Services.

CarSaver and CUNA team up for auto finance solution

CUNA Mutual Group, a broad financial services provider, and CarSaver, an automotive e-commerce marketplace and FinTech platform, have partnered to launch the industry's first online marketplace and FinTech e-commerce platform for credit unions.

Plaid acquires Cognito for easier and safer onboarding

Plaid has acquired Cognito, an identity verification and compliance (KYC, AML) platform that makes it faster, easier and safer for people to verify their identity when signing up for financial services online.

Mastercard launches virtual card for B2B payments

Mastercard has launched Mastercard Track Instant Pay, a next-generation virtual card solution that uses machine learning and straight-through processing to enable instant payment of supplier invoices.

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