Sberbank, Gazprombank and Digital Horizon invest in biometric future
Speech Technology Centre aims to become a global leader.
Investment & Funding
Top fintech stories this week – 12 March 2019
Teradata’s event coverage, Sopra Steria acquired SAB, and other news.
Forward Financing to build on growth with $90m credit facility
Deal is described as “transformative” for the company.
EvoNexus launches incubator backed by RBC and Franklin Templeton
It will launch in May 2019 in San Diego.
Kabbage pulls in $700 million in debt funding
It claims to be the largest asset-backed securitization by a small business online lending platform to date.
Upstart raises $50m investment and lands new bank contracts
AI lending platform wants to expand its applications.
SESAMm targets US market after EUR 4.4m funding round
Expansion to Japan and London is the next objective.
Boost Payment Solutions closes $12m funding
Aimed at raising its profile to provide payments across industries.
Affirm thrives with $300m Series F funding
The Californian firm offers point-of-sale financing.
OpenGamma raises $10m for data analytics boost
It will increase presence in London, New York and Singapore.
Bill.com raises $88m for business payments push
Led by Franklin Templeton with participation from Mastercard, Fidelity Investments Canada, among others.
PayPal invests in potential collaboration with Cambridge Blockchain
The funding is an extension of the firm’s Series A round.
Ellevest raises $33m from high profile female investors
Investors include Melinda Gates’ Pivotal Ventures.
MineralTree closes $50m growth equity investment for AP solutions
The firm has doubled in size throughout 2018.
Credijusto closes $100m credit facility with Goldman Sachs
The Mexican lendtech provides SMEs with credit.
Honeybook raises $28m to help freelancers
An app targeting freelancers and solo entrepeneurs.
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.
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.
Cosimo Ventures invests in blockchain and digital assets firms
VC firm makes three investments in Gecko Governance, Lingar and Oneiro.
US Fed bars ex-Goldman Sachs staff over 1MDB misuse
Two former employees are prohibited from the banking industry.
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!
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.
ID verification firm Socure so cool with $30m funding
The Series C round takes the company’s total funding to $57.5 million.
Cloud Elements on API high with $25m funding
Denver cloud boys – and girls – now have total capital of $46.2 million.
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.
Top fintech stories this week – 22 February 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
US analytics platform Stratifyd gets $4m funding kick from Arsenal
Follows on from a $25 million Series B announced last fall/autumn.
Allianz X boosts fund size to €1bn for insurtech action
Looking for digital firms in insurance and asset management space.
Nassau Re Imagine-s insurtech accelerator in US
Nassau Re/Imagine designed to develop the insurance industry in Connecticut.
Intel outfit ThousandEyes looking at $50m funding
Series D round includes GV, formerly called Google Ventures.
NsKnox raises $15m with Microsoft’s aid
Fighting the fraud fight for payments.
