Possible Finance definitely raises $4m funding
Stunning Seattle-based lendtech looking for fintech nirvana.
Investment & Funding
IBM invests $2bn in AI tech in New York
Including an AI hardware centre for research.
SoftBank leads $440m funding round in UK challenger bank OakNorth
Plans expansion in North America.
Sberbank and 500 Startups IT Demo Day: blockchain cuts little ice in Moscow
They favour AI, ML and cybersecurity, which they believe hold greater appeal to investors.
Centage leaves no cent behind in $8.5m investment round
TVC Capital leads funding round in US provider of cloud-based tools.
BBVA psyched up for $5m DataSine investment
Bank’s Propel Venture Partners invests in psychology/ML tie-up business.
Personal Capital gets $50m in personal capital
Digital wealth management company is in a happy Silicon Valley.
API platform Tink raises €56m and expands in Europe
Now coming to countries like the UK and Spain, among others.
Insurtech CoverHound fetches $58m funding
Plans for US and Japan expansion.
Barclays has nod and Bink for loyalty programmes
Barclays leads an investment round of £10 million into the start-up.
Emirates NBD plays matchmaker for start-ups and investors
Private banking arm sees no harm in The LaunchPad.
Raisin caught raising $114m for savings quest
Series D brings total amount raised to $200m.
SME finance app ANNA gets £8.5m funding
New investment comes from Kinetik.
Funding Options launches in Netherlands with ING
A partnership six months in the making.
Bsurance receives $4m funding and eyes move west
Investment led by Uniqa Venture to expand in Europe.
Student loan firm Climb-s to $50m funding
US company gets investment from Goldman Sachs.
JP Morgan takes minority stake in Smart Pension
UK-based pensions provider has now raised a total of £50 million in funding.
Alt credit scorer Aire heads to $11m funding
Takes the company’s total funding to $23 million.
HSBC, ANZ and Goldman Sachs back Bud’s $20m funding
UK-based personal finance firm backed up by big name buddies.
Video: fintech news weekly round-up – 4 February 2019
Features an investment record, Stripe, Global Financial Innovation Network, Swift and R3.
Goldman Sachs and Amex join Better Mortgage’s $70m funding round
US-based digital lender plans partnerships and recruitment.
Fintech investment in 2018 soars to record $40bn
Data from CB Insights shows a 120% increase from 2017.
Italian insurtech Yolo gets €5m with Intesa Sanpaolo backing
The firm just closed its Series A and is looking abroad.
Equidate re-named Forge Global, boosts Series B to $85m
US-based trading platform looking to broaden its services.
Top fintech stories this week – 1 February 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Banking Technology February 2019 issue out now
Superstructures: fintech reaches new heights.
Swiss lendtech Loanboox secures €20m funding
Money and capital market platform now valued at €110 million.
Insurtech Clearcover raises $43m for US expansion
The auto insurance firm will invest in its API platform.
Tiger makes Stripe roar with $100m funding
Latest round puts paytech’s valuation at $22.5 billion.
Fintech app Acorns receives $105m funding
Alongside a partnership to create educational content.
Returnly raises $8m funding for post-purchase paradise
US payments firm focuses on retailers and brand land.
Mobile trading platform CloseCross gets $3m funding
It opens the round with investment by Amnis Ventures
CULedger grabs $10m funding to its blockchain credit
Plans to use DLT for credit union-focused platform.
Anti-financial crime firm Mimiro raises $30m
Mimiro’s machine learning platform analyses the risk of financial crime.
Why fintech start-ups and angel investors are a match made in heaven
An early-stage fintech company needs more than just capital investment to get its products off the ground.
Envestors entices start-ups with crowdfunding control
UK firm launches standalone equity crowdfunding platform.
Data firm Collibra bags $100m funding
Following a great year in revenue and expansion.
Credit card player Petal picks up $30m funding
Series B round led by Valar Ventures.
Oxygen gets $2.3m funding for digital banking life
San Francisco-based firm offers free banking services to freelancers.
CreditVidya receives $3m funding to develop credit score tech
It aims to expand throughout various industries in India.
