Morgan Stanley’s $15m funding FX ups Integral
Foreign exchange tech provider looking for more banking and broker action.
Investment & Funding
Paytech Modo in good mood with $13m investment
Deutsche Bank-backed firm powers on with its interoperability intentions.
BBVA picks penguin-powered AI advisor with $9m funding
Bank’s Propel Venture Partners leads Series A in Charlie chatbot.
Plastiq gets $27m funding to its credit
US firm offers way to pay bills and business expenses by credit card.
Paytech Sezzle sizzles with $100m line of credit
Alternative e-commerce payment system is so hot right now.
Finleap takes a jump with €41.5m Ping An investment
To reach new tech firms and partners.
Wealthtech d1g1t likes digits with $7m funding boost
Two private investment rounds led by Purpose Financial.
Sabadell’s InnoCells invests $10m in Base10
Base10 is an investment fund for automation in financial software.
Automation Anywhere going somewhere with $300m funding from SoftBank
RPA firm gets support from SoftBank Vision Fund.
Revolut to get $500m boost from Softbank
To enable US expansion.
Mastercard leads $16.5m funding round in Mobeewave
Series B round also includes support from NewAlpha and Forestay Capital.
Lighter Capital increases funding limit to $3m
US firm will provide start-ups working capital in exchange for 2% to 8% of their business’ future revenue.
Bain Capital Ventures nets $1bn funding for new round of tech bets
Its current portfolio includes companies focused on infrastructure software, security, commerce and fintech.
Cloud security firm Netskope is dope with $168m funding
Massive round led by Lightspeed Venture Partners.
Paytech Poynt scores NAB points with $100m funding
Series C raise includes Elavon and National Australia Bank.
Quantexa goes on data adventure with Accenture
The investment comes with a tech collaboration.
Top fintech stories this week – 2 November 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Coinbase raises $300m, now valued at $8bn
In its largest round of funding to date, digital currency wallet Coinbase has closed a $300 million investment.
Ethical insurtech Ethos bags $35m
Round led by Accel.
Wahed Invest obtains $8m from existing investors
It claims to be the first Islamic fintech start-up to reach a valuation of $100 million.
TransferGo launches Seedrs aiming at €11.5m investment
Only €1 million will come from crowdfunders.
Quid raises $37.5m in funding round led by Lexis Nexis’ investment arm
Quid’s $37.5m round was led by REV Ventures, bringing the total funding to $108m.
Mining ESG data: the rise of technology
The root of an informed valuation is the disclosure of relevant information.
Finn.ai raises $11m in Series A funding round
Canada-based developer of AI-powered virtual assistant tech lands $11m.
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.
AXA to focus on fintech investment with fund restructure
AXA Investment Managers turns its £55m Framlington Financial fund into a fintech one.
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.
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.
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.
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.
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.
NY-based Petal blossoms with $34m investment
Follows a $13m investment by Peter Thiel’s Valar Ventures.
Kooltra coolly collects $5m funding for FX automation
Canadian cloud platform plans UK and US expansion.
