Validus Capital raises $15m for SME financing
Series B round led by Dutch public-private development bank FMO.
Investment & Funding
Fun days for insurtech start-up Sunday with $10m funding
Malaysia, Indonesia and Singapore are the next stops for the Thai firm.
UK finance software firm Yordex gets £500k funding
Investment company Bloc Ventures takes a shine to its new adventures.
UK lendtech DivideBuy feeling spry with £60m funding
Firm offers interest free credit and plans to develop its tech.
Starling Bank promises 400 new UK jobs with £100m grant
UK challenger also pledges to invest £95 million of its own money.
Metro, Starling and ClearBank win RBS fund
The Capability and Innovation Fund’s first pool grants a total of £280m.
Top fintech stories this week – 22 February 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Ping An pushes into Indonesia’s fintech space
Its subsidiary OneConnect plans to offer AI, blockchain and biometrics.
US analytics platform Stratifyd gets $4m funding kick from Arsenal
Follows on from a $25 million Series B announced last fall/autumn.
FCA shows iron fist for anti-competition in asset management
Three firms have been declared in breach of the UK authority’s regulation.
Allianz X boosts fund size to €1bn for insurtech action
Looking for digital firms in insurance and asset management space.
Capitalise captures £3.5m funding
UK firm helps accountants provide advice for their clients.
Nassau Re Imagine-s insurtech accelerator in US
Nassau Re/Imagine designed to develop the insurance industry in Connecticut.
Israel’s Jerusalem Venture Partners closes $220m tech fund
JVP shows interest in cybersecurity, fintech and insurtech.
Intel outfit ThousandEyes looking at $50m funding
Series D round includes GV, formerly called Google Ventures.
Spirited Seoul plans $1bn spend on fintech start-ups
Seoul Innovation Growth Fund seeks to boost sector.
NsKnox raises $15m with Microsoft’s aid
Fighting the fraud fight for payments.
French health insurtech Alan raises €40m
The firm says it is very close to breaking even.
Factris has X factor for Lithuanian expansion
Its investment plans follow on from Debifo acquisition last month.
Mambu secures €30m funding for SaaS-y surge
Latest round led by US-based Bessemer Venture Partners.
SME lender Iwoca gets £150 million funding
Takes its total funding to £350 million.
GoCardless gathers payments pace with $75m funding
UK paytech targets bank debit network with Series E investment.
Big banks bond with CommonBond for $750m lending spree
US firm to use money for in-school student lending businesses.
UK trade finance challenger Diaspora preps for flight
Will offer a trade finance ecosystem on blockchain.
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.
Stripe leads $40m funding round in paytech Rapyd
Fintech-as-a-Service platform looks for Rapyd success.
Socotra gets $5m support for core insurtech platform
With the support of US-based Nationwide and Mitsui Sumitomo.
UK challenger bank Starling secures £75m for European expansion
Series C funding round led by Merian Global Investors
Crypto compliance provider Chainalysis collects $30m funding
Series B financing round supported by Accel and Benchmark.
Lunar Way gets €13m funding for Nordic conquest
Danish mobile banking service eyes up another neighbour.
UK fintech investment reaches record $3.3bn
Industry body Innovate Finance serves up the stats.
Reliance Realty makes Indian fintech centre a reality
Real estate company plans new hub in Navi Mumbai.
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.
Bnext aims to be Spain’s Monzo
Bright pink cards are certainly appealing.
