Big banks bond with CommonBond for $750m lending spree
US firm to use money for in-school student lending businesses.
Investment & Funding
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.
Socotra gets $5m support for core insurtech platform
With the support of US-based Nationwide and Mitsui Sumitomo.
Barclays and Ripple back SendFriend’s $1.7m funding
Philippine paytech finds lots of friends as it readies for US launch.
Video: fintech news weekly round-up – 11 February 2019
Challengers Starling and Revolut, Tink, and the importance of digital assets.
US insurtech Jetty lands $25m funding
New York-based start-up’s Series B round led by Khosla Ventures.
Sensors working overtime as AIStorm raises $13m funding
A storm is coming… a good one for IoT, biometrics and wearables.
Databricks keeps building with $250m funding
Now valued at $2.75 billion – and with the continuous support of Microsoft.
Possible Finance definitely raises $4m funding
Stunning Seattle-based lendtech looking for fintech nirvana.
IBM invests $2bn in AI tech in New York
Including an AI hardware centre for research.
Centage leaves no cent behind in $8.5m investment round
TVC Capital leads funding round in US provider of cloud-based tools.
Personal Capital gets $50m in personal capital
Digital wealth management company is in a happy Silicon Valley.
Insurtech CoverHound fetches $58m funding
Plans for US and Japan expansion.
Student loan firm Climb-s to $50m funding
US company gets investment from Goldman Sachs.
Video: fintech news weekly round-up – 4 February 2019
Features an investment record, Stripe, Global Financial Innovation Network, Swift and R3.
Fintech investment in 2018 soars to record $40bn
Data from CB Insights shows a 120% increase from 2017.
Equidate re-named Forge Global, boosts Series B to $85m
US-based trading platform looking to broaden its services.
Top fintech stories this week – 1 February 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Banking Technology February 2019 issue out now
Superstructures: fintech reaches new heights.
Insurtech Clearcover raises $43m for US expansion
The auto insurance firm will invest in its API platform.
Tiger makes Stripe roar with $100m funding
Latest round puts paytech’s valuation at $22.5 billion.
Fintech app Acorns receives $105m funding
Alongside a partnership to create educational content.
Returnly raises $8m funding for post-purchase paradise
US payments firm focuses on retailers and brand land.
Mobile trading platform CloseCross gets $3m funding
It opens the round with investment by Amnis Ventures
CULedger grabs $10m funding to its blockchain credit
Plans to use DLT for credit union-focused platform.
Why fintech start-ups and angel investors are a match made in heaven
An early-stage fintech company needs more than just capital investment to get its products off the ground.
Data firm Collibra bags $100m funding
Following a great year in revenue and expansion.
Credit card player Petal picks up $30m funding
Series B round led by Valar Ventures.
Oxygen gets $2.3m funding for digital banking life
San Francisco-based firm offers free banking services to freelancers.
Samsung backs Mobeewave in latest funding wave
Mobile paytech now has a total of $20 million.
Finxact secures $30m funding for core banking action
New investors include American Bankers Association and Accenture.
Data firm Essentia Analytics brings in £2.5m funding
Provided by Calculus Capital.
Mexican challenger bank Albo raises $7m
Series A funding round led by Mountain Nazca.
Nasdaq leads $20m funding in blockchain firm Symbiont
Will use funds for action in data management and lending space.
Financial software provider Zafin secures $17m funding
Round led by Vistara Capital Partners, Beedie Capital, and Accenture Ventures.
Allied Payment Network fortified via Plymouth Growth investment
The deal in Indiana was valued in the “multi-millions”.
PayPal joins $40m funding party for fintech app Dosh
Follows on from $44 million in last year’s Series A round.
AXA Venture Partners gets $150m for fintech funding
Aiming to support start-ups and digital health firms.
