Global

February 8, 2022 @ 10:06 pm By Tony Zerucha  |  

Rewire, an Israeli neobank that caters to the needs of migrant workers, this week announced a $25 million strategic investment that will allow it to develop insurance products for its customer base. Israeli insurance company Migdal participated in the round along with Standard Bank of… Read More

February 8, 2022 @ 8:21 pm By Omar Faridi  |  

Newt Corporation, an integrated platform for digital financial services, announced that it has entered into a service agreement with Belvo Open Banking API Platform to service its lending-as-a-service (LaaS) offering across North America. Under the terms of the Agreement, Belvo offers Newt with a tech… Read More

February 8, 2022 @ 3:03 pm By JD Alois  |  

Anti-money laundering (AML) fines had a blockbuster year in 2021, according to a report by Kyckr. The data firm recently posted a report on AML occurrences around the globe indicating that while the total amount of fines dipped in 2021 the number of institutions that… Read More

February 8, 2022 @ 2:39 pm By Omar Faridi  |  

Lending Works recently released their Q4 2021 performance update on their statistics page. As noted by Lending Works in a blog post, the expected annual returns and expected annual loss rates have “remained relatively stable compared to our Q3 2021 update.” The announcement from Lending… Read More

February 8, 2022 @ 11:32 am By JD Alois  |  

Modulr, a Fintech providing Payments as a Service API, has partnered with regional bank Hodge to power a real-time digital banking experience to its customers. This is the first time Modulr has partnered with a traditional bank in this method. Modulr’services enable businesses to automate… Read More

February 8, 2022 @ 9:29 am By Omar Faridi  |  

We recently connected with Harjyot Singh, Technology Director at Human Protocol, which has been specifically designed for tokenizing work. HUMAN Protocol connects projects with millions of international respondents, offering not only access to a global Q&A, but the blockchain or distributed ledger tech (DLT) infrastructure… Read More

February 8, 2022 @ 8:49 am By Omar Faridi  |  

The team at Mintos has published the latest edition of Mintos Insight, which is their monthly publication that offers an overview of what’s been going on (on their platform), including commentary from their experts, recent investor activity, educational topics, and other updates. Key insights from… Read More

February 8, 2022 @ 8:46 am By Omar Faridi  |  

Thincats, a UK-based lending platform, has secured £100 million in additional funding. As noted in a blog post by Thincats, the new capital will be deployed by the platform’s management as a senior finance line in order to support SMEs across the United Kingdom and… Read More

February 8, 2022 @ 8:42 am By Omar Faridi  |  

The team at Yapily reveals that their founder and CEO, Stefano Vaccino, has become the newest member of Fintech Founders, which is a network of the United Kingdom’s Fintech entrepreneurs offering an opportunity for “better collaboration with government, regulators, and other influencers across the financial… Read More

February 8, 2022 @ 8:22 am By Omar Faridi  |  

Chargebee, a subscription management and recurring billing platform, has acquired $250M in additional capital at a $3.5B valuation. Thrilled to announce that @Chargebee has raised $250M at a $3.5B valuation.🚀We are grateful to our investors, customers, partners & team who have supported our vision to… Read More

February 8, 2022 @ 12:58 am By Omar Faridi  |  

SuperSeed, a VC company investing in the future of business automation, announced that it has finalized the initial closing of its new fund at £31 million, aiming for a final close of £50 million. The fund will be investing anywhere between £500,000 and £1,500,000 into… Read More

February 7, 2022 @ 10:38 pm By Omar Faridi  |  

CommerzVentures, a “return-driven,” non-strategic venture capital investor, has shared a detailed report on climate Fintech, which covers venture capital funding for Fintech companies. The report reveals that in this sector, net-zero economies reached a record high last year. Surveying several climate Fintechs across European and… Read More

February 7, 2022 @ 8:47 pm By Omar Faridi  |  

Commonwealth Bank of Australia has reportedly joined a $31 million round in property tech firm OwnHome, which claims it can get thousands of first-time home buyers out of regular renting by leveraging a model, somewhat similar to Buy Now, Pay Later, which eliminates the requirement… Read More

February 7, 2022 @ 8:06 pm By Omar Faridi  |  

Diana Shoolman, former head of professional services at NAB, and former director at PwC and Deloitte, has joined Fintech CrowdProperty Australia to serve as its director of strategic partnerships, in order to spearhead the firm’s growth of wholesale, sophisticated, and institutional investors. This appointment is… Read More

February 7, 2022 @ 8:04 pm By Omar Faridi  |  

Didi Taihuttu, who is a member of “Bitcoin Family,” is reportedly settling down in Portugal, which is one of Europe’s crypto tax havens, according to a report by CNBC. Settling down in Portugal is a huge deal for the family of five (originally from Netherlands),… Read More

February 7, 2022 @ 3:11 pm By JD Alois  |  

Vivid Money has raised €100 million in Series C funding at a valuation of €775 million (USD $887 million) more than double its prior valuation when the company raised capital in the spring of 2021. The funding round was led by Greenoaks Capital with the… Read More

February 7, 2022 @ 2:41 pm By Omar Faridi  |  

London-headquartered Fintech Railsbank, which provides virtual banking services, is approaching Unicorn status (valued at $1 billion or more), Sky News confirmed on Friday (February 4, 2022). The UK-based Fintech firm recently acquired certain assets of Wirecard, the collapsed and fraudulent German payments firm. As mentioned… Read More

February 7, 2022 @ 11:13 am By Omar Faridi  |  

Fintech startup Lightyear announced the launch of Lightyear Profiles, which is a way for investors to share “high-level” details regarding their investment portfolio with friends. It creates individual and personalized web pages for every user highlighting their portfolio holdings, recent activities, and which stocks are… Read More

February 7, 2022 @ 11:05 am By JD Alois  |  

Global Kitle Fonlama Platformu A.Ş., parent company of crowdfunding platform fonbulucu, reports that it has raised €1 million in growth capital. The funding was provided by Efe Duran Sarıkaya, the founder of Germany-based Kloepfel Consulting Company purchasing a 10% ownership stake. The company says that Efe… Read More

February 7, 2022 @ 10:38 am By JD Alois  |  

Wirex, a digital payments platform with over 4.5 million customers across 130 countries that incorporates crypto, has expanded its services into the United States, according to a company statement. Wirex states that after partnering with Zero Hash, Checkout.com, Visa, and Sutton Bank, it has begun… Read More