Credijusto closes $100m credit facility with Goldman Sachs
The Mexican lendtech provides SMEs with credit.
Investment & Funding
ING and Bank of Beijing create digital bank in China
Through an investment of $447 million.
Airwallex becomes payments unicorn with $100m funding
The low-cost payment provider is now expanding to the UK and Europe.
VC financing enables MeaWallet management buyout
Thanks to a “substantial capital injection” from Idekapital
Sayata Labs attracts $6.5m seed funding for cyber insurance tech
Cyber risk assessment solution is described as ‘game-changing’.
Honeybook raises $28m to help freelancers
An app targeting freelancers and solo entrepeneurs.
Network International to float on London Stock Exchange
The IPO will make at least 25% of its issued share capital on the LSE.
Thinknum gets $11.6m funding for alternative data platform
Thinknum, a provider of web-sourced alternative data, is announcing a $11.6 million Series A funding round.
StanChart’s new platform connects start-ups and investors
SC Ventures Fintech Bridge will serve as a nexus for industry players linked to the bank.
Instarem aims at Japan and Indonesia with $41m funding
This latest round takes InstaReM’s total funds secured to $59.5 million, with an expected IPO in 2021.
Crypto app Donut gets sweet $1.8m seed funding
Bringing “convenience, trust and accessibility” to managing and transacting in crypto assets.
Video: fintech news weekly round-up – 18 March 2019
More open banking news, fintechs in LatAm, an a MasterCard acquisition.
Tech giant SAS commits to £1bn AI investment in three years
It aims to develop new AI skills as well as teach customers how to use them.
Capital Markets Gateway gets its way with $7.5m funding
Creating a path for capital markets professionals with a round led by StageDotO.
Thailand prepares portal for regulated ICOs
The country prepares new funding routes but keeps alert to fraudulent activities.
Cosimo Ventures invests in blockchain and digital assets firms
VC firm makes three investments in Gecko Governance, Lingar and Oneiro.
HSBC backs insurtech CXA Group’s $25m funding
Singapore-based firm looking for expansion across Asia-Pacific region.
Kakao’s crypto business raises $90m funding
Ground X plans to raise a similar sum this week.
US Fed bars ex-Goldman Sachs staff over 1MDB misuse
Two former employees are prohibited from the banking industry.
Dubai International Financial Centre launches $10m fintech fund
DIFC plans to invest in start-ups in Middle East and North Africa.
Tide seeks £60m funding following RBS grant
UK challenger bank also plans more funding rounds in next couple of years.
Dutch SME lender Finturi raises €2m funding
The start-up uses blockchain and AI for its lendtech platform.
Swiss crypto outfit Amun amasses $4m funding
“We are bullish on crypto in the long-term.”
Spanish fintech Pagantis closes €65m for e-commerce financing
It aims to expand its services to Portugal, Italy and France.
Omidyar Network releases fintech venture fund with Flourish
New firm Flourish launches evergreen fund backed by founder of eBay.
GreenKey Technologies secures investment from IPC
IPC gets exclusive rights to GreenKey’s machine learning voice solutions.
Top fintech stories this week – 8 March 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
SoftBank and Microsoft power Grab’s $4.5bn funding frenzy
Other investors in its current Series H funding round include Toyota, Hyundai, Ping An, and Yamaha.
Nationwide revives 10x Future Technologies with £15m funding
Former Barclays CEO’s fintech firm gets boost after losing Virgin Money deal.
TurnKey Lender locks in new investment from OSK Ventures
Singapore-based digital solution provider gets more funding.
UOB targets SME digital market in Thailand
With support from DEPA, NSTDA, OSMEP and The Finlab.
Video conferencing specialist 24sessions scores $1m funding
Dutch company now has total capital of more than $1.4 million.
Wefox smashes it with $125m funding
Berlin-based insurtech looks towards Asia for expansion.
Shift Technology lands $60m funding for AI ambitions
Series C round brings total investment in insurtech to $100 million.
US mobile banking start-up Chime rings in $200m funding
The challenger is now valued at $1.5 billion.
Xinja Bank bags $2m in crowdfunding
Australian neobank gets customers invested in the business.
Quint ain’t skint with NatWest’s £16.5m funding
UK firm plans to drive growth through acquisitions.
Shuhe snaps up $30m funding from internet giant Sina
Chinese start-up wants to improve its data capabilities.
Proactis gets £20m funding from HSBC for SME action
To help SMEs with liquidity management.
ID verification firm Socure so cool with $30m funding
The Series C round takes the company’s total funding to $57.5 million.
