Latest Findex News: Finextra Research

Company update/Findex

Coinsquare lands $30 million invesment

goNumerical Ltd. (d.b.a. Coinsquare), one of Canada's leading and most secure digital currency exchanges, announced today that it has closed a fully marketed equity financing led by Canaccord Genuity Corp. for gross proceeds of approximately $30 million.

09 February 2018

Company update/Findex

Thomson Reuters posts Q4 revenue rise

Thomson Reuters (TSX/NYSE: TRI) today reported results for the fourth quarter and full year ended December 31, 2017. As already announced on January 30, 2018, the company achieved its full-year 2017 Outlook (as updated in August).

08 February 2018

Company update/Findex

Poland's FinAi receives PLN 7.3 million in funding to build a new credit risk model

The National Centre for Research and Development in Poland (NCBR) granted FinAi PLN 7.3 million (ca. EUR 1.75 million) under the Smart Growth Operational Programme.

08 February 2018

Company update/Findex

Cashforce seals EUR2 million Series A funding for international roll out

Cashforce, a fintech leader in Cash forecasting & Treasury solutions for corporates, announced today that it has closed € 2 million in Series A financing.

08 February 2018

Company update/Findex

Detroit finech startup Autobooks raises $10 million

Fintech startup Autobooks is off to a big start this year, announcing a $10 Million Series A1 round with plans to increase hiring in support of strong demand from banks and credit unions for its integrated receivables platform.

07 February 2018

Company update/Findex

NAB Ventures invests in PropTech startup

NAB Ventures, NAB’s corporate venture capital arm, has invested in Melbourne-based real estate proptech company ActivePipe, as part of a $5.9 million Series A funding round.

07 February 2018

Company update/Findex

CloudScale Capital joins $3 million round in Trunomi

CloudScale Capital Partners, LLC today announced that it participated in a $3.5 million round of financing in Trunomi, leading provider of customer consent and data rights and privacy software solutions.

07 February 2018

News/Findex

UK fintech hoovered up record-breaking VC investments in 2017

Venture capital investment in UK fintech firms more than doubled in 2017 to reach $1.8 billion, with 54% of the total coming from overseas VCs who appear largely untroubled by the UK's imminent break from the European Union.

07 February 2018

Company update/Findex

CurveGlobal secures £20 million from shareholding banks

CurveGlobal, the interest rate derivatives platform, announces that it has secured an additional £20 million in financing from existing bank shareholders, as well as Cboe and LSEG.

06 February 2018

News/Findex

Ohpen raises EUR25 million for overseas expansion

Core banking provider Ohpen has closed a €25 million Series C investment round with PE firm Amerborgh as it prepares to take its SaaS-based platform into new territories.

05 February 2018

Company update/Findex

SpherePay opens cryptocurrency ICO

Singapore homegrown mobile payment app company SpherePay officially opens its Initial Coin Offering (ICO) or also known as Initial Token Sale today.

05 February 2018

News/Findex

Berlin banking startup Penta secures €2.2 million seed round

Berlin based Penta, a challenger bank for startups and small businesses, has raised a €2.2 million seed round one month after launching in Germany.

05 February 2018

Company update/Findex

Ping An OneConnect fintech subsidiary raises $650 million in financing

Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping An" or "the Group", HKEx: 2318; SSE: 601318) is pleased to announce that three technology subsidiaries under the Group - Ping An Healthcare and Technology Company Limited (hereafter "Ping An Good Doctor"), Ping An Medical and Healthcare Management Co., Ltd. (hereafter "Ping An Healthcare Technology") and OneConnect Financial Technology Co., LTD (hereafter "OneConnect") - have recently completed private placement financing.

02 February 2018

News/Findex

Santander invests in Autofi

Santander's fintech venture fund is to make an investment in Autofi, a US financial technology company that helps customers select and finance vehicles through their car dealers’ website and reduce the time it takes to complete the sale.

01 February 2018

News/Findex

Brazilian cross-border payment processing firm Ebanx raises $30m

Ebanx, a Brazilian startup bringing cross-border e-commerce payments to Latin America, has raised $30 million from FTV Capital, with participation from Endeavor Catalyst Fund.

01 February 2018

Company update/Findex

Trifacta raises $48 million

Trifacta, the global leader in data wrangling, announced $48 million in financing from new strategic investors, including Columbia Pacific, Deutsche Börse, Ericsson, Google, and New York Life along with participation from existing investors Accel, Cathay Innovation, Greylock Partners, Ignition Partners, and Ridge Ventures.

31 January 2018

Company update/Findex

Oval Money crowdfunding closes 58% above target with over 1000 investors

Oval Money, the European automated saving and crowd-investing marketplace app, raised £788,440, 58 percent more than the initial target, from 1,051 investors in a crowdfunding round that lasted 14-days and ended on Monday 29 January.

31 January 2018

News/Findex

Rabobank sets up EUR60 million tech venture fund

Rabobank has launched a EUR60 million venture fund to invest in early-stage fintech and food and agri companies.

31 January 2018

News/Findex

Augmentum Capital seeks public listing for £125 million fintech fund

Venture group Augmentum Capital is to apply for a public listing to raise up to £125 million for a new fund investing in early-stage fintech companies in the UK and wider Europe.

31 January 2018

News/Findex

Moven signs MoU with Japan's SBI Holdings

Japanese financial service giant SBI Holdings is to invest in PFM provider Moven and establish a joint venture to sell the company's technology in Asia.

31 January 2018