Cloud Elements on API high with $25m funding
Denver cloud boys – and girls – now have total capital of $46.2 million.
Investment & Funding
Go Figure! US lendtech gets $65m funding
Brings its total funding to $120 million for its second year of operations.
Edison Partners lights up $62m funding for YieldStreet
US digital wealth management platform gets delicious dollars.
Microsoft’s M12 leads SpyCloud’s $21m funding round
Latest round takes Texan firm’s total capital to more than $28 million.
Breathe Life gets $3.5m funding for insurance sparkle
Seed round led by Diagram Ventures with participation from Real Ventures.
Santander and LSE instrumental in Nivaura’s $20m funding
UK firm offers platform for the issuance of financial instruments on blockchain.
Bank of Ireland unveils €2bn Brexit fund for SMEs
“Brexit isn’t ‘business as usual’.”
Blossom Capital brings $85m tech fund to Europe
New fund will pay special attention to reviewing female-pitched ideas.
Planixs receives £3.5m funding for better banking tech plans
The UK-based firm will expand its cloud-based solution Realiti.
Europe’s army of fintech start-ups
How European fintech start-ups are competing for a market share.
Video: fintech news weekly round-up – 25 February 2019
Metro, Starling and ClearBank get the RBS grant, South Korea plans fintech push, and more.
Validus Capital raises $15m for SME financing
Series B round led by Dutch public-private development bank FMO.
Fun days for insurtech start-up Sunday with $10m funding
Malaysia, Indonesia and Singapore are the next stops for the Thai firm.
UK finance software firm Yordex gets £500k funding
Investment company Bloc Ventures takes a shine to its new adventures.
UK lendtech DivideBuy feeling spry with £60m funding
Firm offers interest free credit and plans to develop its tech.
Starling Bank promises 400 new UK jobs with £100m grant
UK challenger also pledges to invest £95 million of its own money.
Metro, Starling and ClearBank win RBS fund
The Capability and Innovation Fund’s first pool grants a total of £280m.
Top fintech stories this week – 22 February 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Ping An pushes into Indonesia’s fintech space
Its subsidiary OneConnect plans to offer AI, blockchain and biometrics.
US analytics platform Stratifyd gets $4m funding kick from Arsenal
Follows on from a $25 million Series B announced last fall/autumn.
FCA shows iron fist for anti-competition in asset management
Three firms have been declared in breach of the UK authority’s regulation.
Allianz X boosts fund size to €1bn for insurtech action
Looking for digital firms in insurance and asset management space.
Capitalise captures £3.5m funding
UK firm helps accountants provide advice for their clients.
Nassau Re Imagine-s insurtech accelerator in US
Nassau Re/Imagine designed to develop the insurance industry in Connecticut.
Israel’s Jerusalem Venture Partners closes $220m tech fund
JVP shows interest in cybersecurity, fintech and insurtech.
Intel outfit ThousandEyes looking at $50m funding
Series D round includes GV, formerly called Google Ventures.
Spirited Seoul plans $1bn spend on fintech start-ups
Seoul Innovation Growth Fund seeks to boost sector.
NsKnox raises $15m with Microsoft’s aid
Fighting the fraud fight for payments.
French health insurtech Alan raises €40m
The firm says it is very close to breaking even.
Factris has X factor for Lithuanian expansion
Its investment plans follow on from Debifo acquisition last month.
Mambu secures €30m funding for SaaS-y surge
Latest round led by US-based Bessemer Venture Partners.
SME lender Iwoca gets £150 million funding
Takes its total funding to £350 million.
GoCardless gathers payments pace with $75m funding
UK paytech targets bank debit network with Series E investment.
Big banks bond with CommonBond for $750m lending spree
US firm to use money for in-school student lending businesses.
UK trade finance challenger Diaspora preps for flight
Will offer a trade finance ecosystem on blockchain.
Munich Re leads $9m investment in insurtech Inshur
US/UK firm gets Series A funding and credit facility for its rideshare journey.
Fintech investment in US hits record $52.5bn
KPMG’s “2018 Pulse of Fintech” report is good news for the States.
Goldman Sachs leads $44m funding in US business credit start-up Nav
Other investors include Point72 Ventures and Experian Ventures.
Stripe leads $40m funding round in paytech Rapyd
Fintech-as-a-Service platform looks for Rapyd success.
Socotra gets $5m support for core insurtech platform
With the support of US-based Nationwide and Mitsui Sumitomo.
