FinAccel’s payment app Kredivo raises $30m
Jakarta-based firm plans expansion in Southeast Asia.
Investment & Funding
Credit Suisse unveils $261m fintech fund
Its NEXT Investors team will be looking for the next group of firms to invest in.
Crypto lender BlockFi gets $52.5m investment
From Mike Novogratz’s investment firm, Galaxy Digital.
eBay sellers to get access to Square Capital
Sellers in the US could get access to funding up to the value of $100,000.
Investors in fintech provider FNZ plan £2bn sale
Duo want to offload stakes in New Zealand-based tech firm.
StockViews fuelled by Fuel Ventures investment
Will invest in artificial intelligence technology and grow its team of analysts.
UOB invests in cognitive banking firm Personetics
UOB will also use Personetics’ tech to extend its own machine learning capabilities.
Welsh KYC firm W2 Global Data raises £1.25m funding
Company also provides AML and fraud prevention solutions.
PayU acquires ZOOZ to build cross-border payment platform
With aims to expand to high-growth markets.
Blockchain network Nervos nervelessly nets $28m funding
Backed by investors Polychain Capital and Sequoia China.
P2Binvestor allies with Amalgamated Bank for SME funding
New partnership. More deals. Bigger financing opportunities for small businesses.
Banco BNI Europa invests $30m in US consumer loans
Teams with Fintex and Upgrade for lending action.
Banco Sabadell’s hub chasing innovation in Israel with €7.5m investment
InnoCells has invested in Cardumen Capital.
TrueLayer receives $7.5m funding from Northzone
Aided by existing investors Anthemis and Connect Ventures.
FundAmerica acquired by Prime Trust
Blockchain-driven trust firm buys crowdfunding regtech company.
Velocity accelerator calls for wealthtech start-ups
The programme will last six months and start in October.
BlackFin Capital’s fintech fund gets €180m
Says it is the largest independent fintech fund in Europe.
Tradeteq takes in $6.3m funding
Trade finance distribution platform plans new apps and data services.
Lemon Way ripe for expansion with €10m funding
French payments firm aims for growth and more staff.
Blockchain islands: Jersey launches ICO regulatory guidelines
Jersey has quietly notched up some major crypto and wider fintech achievements.
PayPal leads $50m funding round in PPRO
Citi Ventures and return investor HPE Growth Capital also participated
Insurtech Digital Risks feeling brisk with £2.25m funding
Firm offers a monthly subscription model for start-ups.
Santander sets up digital investment unit for blockchain
Led by the director of the bank’s blockchain lab.
UK lender Greensill gets $250m funding from General Atlantic
Values Greensill at $1.64 billion.
Japanese post-pay outfit Paidy picks up $55m funding
Investment led by ITOCHU Corporation, with participation from Goldman Sachs.
Emma banking app sitting pretty with £450k funding
Round led by Kima Ventures.
Gold-as-currency enabler Glint goes for £15m funding
UK-based start-up wants to shine in US and Japan.
Bambu raises $3m in Series A funding
Round led by Franklin Templeton Investments.
Next Insurance next firm to receive $83m funding
As a national insurance carrier, the firm has big plans in the US.
Paytech firm ai Corporation secures $2.5m funding
Firm looks to expand its services in payments globally.
Index Ventures unleashes $1.7bn fund
London-based company looking for action in US and Europe.
Alibaba’s Jack Ma teams with Ganesh Ventures for Indian start-up action
Ma’s new eWTP Ecosystem Fund brings a boost.
Versatile payments ring Xenxo passes $1m funding
India-based firm still looking for more money.
Investment app Moneybox gets £14m funding
Some handy change for UK-based spare change investment app.
Credit manager AsiaCollect picks up $4.5m funding
Investment round led by SIG Asia Investments.
Banking Technology July/August 2018 issue out now
Deep minds. For fintech that matters.
Macro analytics firm Quant Insight feeling bright with funding
It has also expanded further into the US and Asia.
Canadian financial data firm Flinks fuels up with $1.75m funding
With Luge Capital making its first investment.
UK start-up BABB seeks more funding in banking licence hunt
Wants £1.5 million for 1.48% of the business.
Planck Re yanks in $12m for insurance plans
Israeli insurtech offers AI-powered commercial underwriting services.
