Tagged: Fintech funding

Venture Capital Funding Secured by UK Firms Reached Highest Level During Q4 2020: Report

The total value of venture capital secured by UK-based firms surged to the highest level in Q4 2020 according to estimates from Refinitiv Deals Intelligence. UK firms secured £2.4 billion in capital from 137 different deals during the last three months of 2020, which is… Read More

Fintech Industry in Israel Acquired Nearly 25% of Technology Sector Funding in Country, Driven by Speculative Valuations

  Record-breaking funding, massive initial public offerings and unprecedented valuations are all now a part of what may be described as the Fintech “gold rush.” From September of last year until January 2021, the Fintech industry in Israel acquired around $1.4 billion in funding, which… Read More

Germany: VC Fintech Investments Boom in January

Germany is starting the year on a high note in regards to VC Fintech investment according to a report. In fact, Fintech investments experienced a volume of €275 million in January 2021 said to be the second-best start to the year ever after 2019 only…. Read More

Fintech Firms in Indonesia Attracted Substantial Funding throughout 2020 Along with Digital Commerce and SaaS Platforms: Report

Indonesia-based Fintech platforms and services have continued to receive substantial investments despite the COVID outbreak. These Fintechs have acquired a significant portion of the total funds invested in Indonesian startups throughout 2020. According to reports, Fintechs in the country have acquired more capital than software-as-a-service… Read More

Checkout.com Is Again Most Valuable European Fintech After Securing $450 Million in Capital via Series C Round

Checkout.com, an established payments company, has again managed to become the highest-valued Fintech business in Europe after finalizing a huge $450 million Series C investment round. The Fintech firm has been able to triple or 3x its valuation for the second time and is currently… Read More

Digital Payments Provider i2c Granted Approval by State Bank of Pakistan to Serve as Electronic Money Institution

i2c, a digital payments and banking technology provider, has revealed that it was selected to develop Pakistan’s TAG, which is described as a “digital-native” financial app. TAG is the latest Fintech solution in the country to be granted approval by the State Bank of Pakistan… Read More

Cambridge based Fintech Investor Vestigo Ventures has Reportedy Secured $83.5 Million in Capital for its Second Fund

Cambridge-headquartered Vestigo Ventures, which mainly invests in Fintech firms or other financial services businesses, has reportedly secured a total of $83.5 million (to date) for its second fund, according to a securities filing. Vestigo had been planning to acquire $100 million in capital for its… Read More

North American and European Fintech Firms Attracted Substantial Funding in 2020 but Number of Deals Declined: Report

North American and European Fintech firms experienced a 17% year-over-year (YoY) growth during Q3 2020, which brings the total to $8.9 billion raised in venture capital investments, compared to $7.6 billion secured in Q2 2020. Although these are solid gains, there were just 414 deals… Read More

Fintech Deals and Dollars Could See Decline this Year from 2019 Despite Q4 2020 Recovery: Report

Fintech-focused venture capital mega-rounds ($100 million+) reached a record high this year, according to a report from research firm CBInsights. With just a couple of weeks left in Q4 2020, the CBInsights team took an early look at the global Fintech investment trends taking place… Read More

$400 Million+ Now Returned to Investors by Square Peg Capital, a VC Firm Investing in Fintech, Cloud Technologies

Paul Bassat, co-founder and Partner at Square Peg Capital Pty., an established Australian VC firm, recently talked about the company’s local and international investments amid the COVID-19 pandemic. Bassat revealed that major Australian pension funds believe that the country’s first recession in around 30 years… Read More

Singapore based Financial Technology Firms Secured the Most Funding Compared to All Other ASEAN Region Fintechs: Report

Singapore has managed to attract the highest total funding amount (at 42%) in the ASEAN region – which includes other major Southeast Asian economies such as Indonesia, Malaysia, Thailand, Vietnam, the Philippines, among others. Overall investor interest in Singapore’s Fintech companies continues to remain quite… Read More

Fintech Sector in China was Unable to Secure Major Venture Capital Deals during Q3 2020: Report

The Fintech sector in China didn’t close any major venture capital investment deals for the third consecutive quarter, according to a report from Forrester. This suggests that investors may not be confident about allocating capital towards Chinese Fintech projects because of the socioeconomic uncertainty due… Read More

Singapore’s SeedIn, a P2P Investment Platform, has Rebranded to BRDGE to Better Reflect its Mission and Business Objectives

Singapore-based SeedIn, a peer to peer (P2P) investment platform, has announced that it will be rebranding to BRDGE. The company stated that the new name (BRDGE) aims to better reflect the organization’s mission and objectives. The P2P platform is mainly intended for local SMEs. BRDGE… Read More

Non Bank Lenders on Track to Manage $1 Trillion in Assets by End of 2020, Cloud Powered Lending Platforms Needed: Report

CAPX, a Los Angeles based financial services firm, has published a report which notes that middle-market firms (businesses with anywhere between 100 to 2,000 employees, or with $10 million to $500 million in annual revenue) have been experiencing certain challenges when trying to gain access… Read More

Germany has Over 800 Fintech Firms with $2.2 Billion in Funding Secured since January 2019: Report

Germany has one of the world’s most active Fintech sectors. It has become increasingly competitive with many new ventures being launched. There are more than 800 Fintech firms in Germany and $2.2 billion has been invested into the sector between January 2019 and August 2020,… Read More

Fintech Firms Active.ai, Cardup, Funding Societies, PolicyPal, Transwap Receive New Investments from Singapore’s AMTD

AMTD recently revealed that it has invested in several Fintech firms, as a part of its Singapore Solidarity Fund, under the purview of the ASEAN Solidarity Fund Group. AMTD has reportedly invested in the operations of Active.ai, Cardup, Funding Societies, PolicyPal, and Transwap. AMTD maintains… Read More

Fintech Funding in Ireland Surged in H1 2020 as VCs, PE, M&A Deals Secured Over $300 Million in Capital: Report

While many business sectors in Ireland have seen a substantial decline in activity or revenue due to the COVID-19 crisis, that nation’s Fintech industry attracted significant investments of around $328.6 million during H1 2020. This, according to KPMG’s latest report on Fintech deals during the… Read More

Fintech Investments in Australia Down to $548 Million in H1 2020 from $1.3 Billion from Last Year: Report

Fintech investments in Australia reached $376.5 million during H1 2020, which represents a 150% increase when compared to the same period from last year when $149.05 million for raised by Fintechs in the country. But there was a significant drop in mergers and acquisitions (M&A)… Read More

Fintech Funding During H1 2020 was Led by Corporate Deals, but Significant Decline in M&A Investments: Report

Although global Fintech funding declined during the first half of this year, with $25.6 billion of total investment secured globally through 1,221 deals, corporate business deals are driving most of the VC activity. This, according to the Pulse of Fintech H1’20, which is a report… Read More

Fintech Investments in Asia Pacific Surged 9.1% to $1.4 Billion during Q2 2020, as Investors Shift Focus from India to Australia, Other Regions: Report

Investments in private Fintech firms based in the Asia-Pacific increased by 9.1% to $1.4 billion during Q2 2020, when compared to Q1 2020, according to a report from S&P Global Market Intelligence. The Q2 APAC Fintech Funding Report (released on August 25, 2020) notes that… Read More

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