Finn.ai raises $11m in Series A funding round
Canada-based developer of AI-powered virtual assistant tech lands $11m.
Investment & Funding
Sibos 2018: How to approach the market place in the age of plenty
Things we dismissed four years ago are live and mocking us now.
FundGuard raises $4m funding to “revolutionise” investment funds tech
FundGuard, a cloud-based investment funds operating system powered by AI, has launched and raised $4m.
Tez Financial Services lands $1.1m investment
The first fully digital non-bank microfinance company in Pakistan.
AXA to focus on fintech investment with fund restructure
AXA Investment Managers turns its £55m Framlington Financial fund into a fintech one.
BBVA and Anthemis create hub to nurture next gen start-ups
BBVA and Anthemis Group to build a venture creation studio in London.
Crux Informatics aims to expand with $20m funding
Technology is the crux of managing data…
Banking tech vendor FIS invests in partner Zenmonics
This marks Zenmonics’s first round of funding.
New equity investor Corviglia Capital Fund aims for $500m
Based in Luxembourg, but geographically agnostic.
IFC and Ant Financial launch programme for talent development
Starting in Indonesia, the programme will target APAC countries.
Demand Derivatives teams up with GMEX for new exchange and clearing house
GMEX also takes minority stake in Demand Derivatives.
Total Expert bags $20m funding for personalised marketing
Series B funding round brings Total Expert’s total funding to $34 million.
German business bank Penta raises €7m
The bank’s kicks off its Series A successfully.
11:FS Foundry’s launch brings digital to banks
With Norway’s DNB as a first client and investment partner.
Top fintech stories this week – 12 October 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Financial wellness platform PayActiv raises $20m funding
The Series B financing round was led by Generation Partners.
Clearmatics raises $12m to build new financial market infrastructure
Building P2P networks for trade finance.
Philippine lending platform First Circle raises $26m
Aims to expand to other countries in the region next year.
Germany’s Aareal Bank invests in UK real estate platform BrickVest
Second German bank to acquire a stake in the firm.
Tencent invests $180m in Brazilian challenger Nubank
Takes the bank’s valuation to a lively $4 billion.
US card provider Brex is it with $125m funding
San Francisco-based corporate card provider for start-ups making progress.
Crypto start-up Circle snaps up SeedInvest
Plans for token marketplace get boost from equity crowdfunding platform.
Customer experience tech Glassbox achieves $25m funding
Investors include Updata Partners, Ibex Investors, CEIIF, and Gefen Capital.
Curve rolls out Amazon cliché in $50m funding quest
The “Amazon of banking”. Whatever.
Toronto receives $1.4bn tech investment in September
The tech ecosystem in Toronto is growing – and fintech is sure to follow.
Lighter Capital perks up capital client programme
Business tools and service offerings for start-ups funded by US firm.
Top fintech stories this week – 5 October 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Critics circle as shares flop for Funding Circle
Suddenly everyone’s an expert.
KKR and Tencent lead $175m investment in Philippines’ Voyager Innovations
“Largest investment to date in a Philippine tech company.”
NY-based Petal blossoms with $34m investment
Follows a $13m investment by Peter Thiel’s Valar Ventures.
Insurtech Hokodo hogs €1.9m in seed funding
Providing insurance via APIs for SMEs.
Kooltra coolly collects $5m funding for FX automation
Canadian cloud platform plans UK and US expansion.
Case study: Home Credit – to its credit
Life is good at the heart of Europe.
Societe Generale seeks start-ups for Global Markets Incubator
Focusing on fintechs working on market activities.
Bahrain to raise $100m for fintech ventures
Will be complementary to an already-existing $100m fund of funds.
Banco Sabadell acquires online payments firm PayTPV
Spanish bank’s investments keep growing.
Haufe Group takes stake in German challenger bank Kontist
Berlin-based firm also gets Series A funding.
ConsenSys drums up $6.5m blockchain funding for DrumG
Former R3 founders to build their first banking solution on Ethereum.
DAVO gets tooled up with new funding
Round was led by Anania & Associates Investment Company.
Goldman Sachs leads $25m funding in blockchain paytech Veem
Veem living the dream with its payments platform plan.
