Anti-fraud firm Bleckwen kicks it off with $10m funding
A great way to come out of stealth.
Investment & Funding
Monzo hits £2bn valuation
The latest funding round raised £113 million.
Postman delivers $50m funding round
The funds will drive the API collaboration platform’s product development and customer support.
Open hits $50m funding for SME banking
The Indian fintech will use the funds to scale up the team.
Digital insurtech Qover welcomes €8m funding
The firm white-labels its solutions and is API-driven.
AI imaging platform Ocrolus closes $24m funding round
The document analysis solution combines machine processes with human intelligence.
New blockchain tech firm Atlas City Global lands $4m investment
Catalyst Network is “open source, fast, light, secure, scalable” and accessible to .Net developers.
Blend raises $130m for digital loans
The lendtech has also welcomed new execs.
MX raises $100m for data tech boost
Funds will be used to focus on clean data.
ICC 2019, Moscow: attacks of all shapes and sizes
An overview on cyber threat trends.
Top fintech stories this week – 21 June 2019
From JP Morgan’s secret UK digital bank project to MoneyGram and Ripple’s partnership.
Douugh goes public on ASX
The Aussie banking service targets $10m capital raise as first neobank on ASX.
Aazzur launches funding round
The Berlin-based fintech has also begun beta testing.
Insurtech Zego raises $42m for European expansion
The London-based firm will also double its workforce.
Token lands $16.5m funding round
It will use the funds to build on its TokenOS open banking platform.
Growth Street receives £10m funding round
Funds will be used to transform the business overdraft.
MoneyGram agrees $50m partnership with Ripple
The strategic partnership will have an initial term of two years.
Gold payments firm Glint Pay receives £5m funding
It will help the firm push its US expansion.
PayFit to double workforce with €70m funding round
French startup automates payroll and HR processes for SMEs.
ADB launches digital financial inclusion fund
It’s supported by the Bill & Melinda Gates Foundation, AFD and more.
Anti-fraud firm BlockClaim completes £500k seed funding
The UK-based firm uses AI and blockchain to detect fraud.
IBM launches Hyper Protect Accelerator for pre-Series A start-ups
15 early-stage, pre-Series A start-ups from both fintech and healthtech will be selected for the program
SecurityScorecard continues growth with $50m funding
The company has raised a total of $110 million to date.
Top fintech stories this week – 14 June 2019
This week, we look at the FCA’s new rules, SoftBank’s investment, and the World Bank’s new tech.
Symphony goes global to the tune of $165m funding
Standard Chartered, MUFG and other existing investors participated in the round.
Sure secures $23.1m Series B funding
The funds will enable the company to scale-up its business.
Augmentum Fintech to double in size as it seeks £150m fundraise
The capital would be used within the next 18 months.
In-store credit firm Sunbit attracts $26m funding
The company wants to target health and safety-related markets.
Paytech Verrency raises $6.9m in funding
The Aussie fintech will use the funds to fuel the company’s international reach.
SME payments firm SpotOn to build on growth with $40m funding
The fintech has grown by more than 400% in 12 months.
KnowBe4 reaches $1bn valuation with latest investment round
The cybersecurity firm has raised a further $300 million.
SoftBank confirms $200m investment in Creditas
The Brazilian lendtech provides credit with houses or vehicles as collateral.
Immedis secures €25m for payroll and tax tech
The Irish paytech will create over 200 new jobs in the next 18 months.
PayU taps Turkey’s digital economy with Iyzico acquisition
The company also hopes to encourage cross-border trade with CEE countries and Africa.
Video: fintech news weekly round-up – 11 June 2019
This week, news about JP Morgan’s Chase, Visa, and more!
Paysend secures $4.2m crowdfunding for global expansion
The round hit its target in less than 72 hours.
Synapse receives $33m for back-end fintech
The San Francisco-based start-up expects integrations with Visa and MasterCard.
Halo raises $12m to democratise structured notes investing
The platform aims to make investment available to everyone, not just high net-worth investors.
Step receives $22.5m Series A funding
Challenger for teens’ waiting list has surpassed half a million people.
Tech Nation opens applications for fintech leadership programme
Designed for leaders of UK’s most promising scale-ups.
