Latest Findex News: Finextra Research

Company update/Findex

Gamified finance app Long Game raises $6 million in seed funding

Saving money has never been easier or more appealing for people in the U.S. Long Game is a personal finance app that encourages users to save money while winning prizes.

23 May 2017

News/Findex

R3 raises $107m

In the largest funding round in the history of distributed ledger technology, the R3 consortium has raised $107 million from around half of its members as well as Intel and Temasek Holdings.

23 May 2017

Company update/Findex

MortgageGym raises £2m seed funding ahead of launch

MortgageGym, the world’s only regulated mortgage robo-adviser, has announced the successful completion of a seed funding round of £2m ahead of its official launch this summer.

22 May 2017

Company update/Findex

OoT supply chain management firm Akua raises $3m

Akua, a leader in the IoT data-driven transformation of the global supply chain has announced it has raised $3 million in Series Seed funding.

18 May 2017

Company update/Findex

Trumid, a financial technology company that improves trading efficiency and market intelligence in the corporate bond market, today announced the completion of its acquisition of fellow all-to-all trading platform, Electronifie.

18 May 2017

News/Findex

Eastern Bank spins off online loan platform

Boston-based Eastern Bank has spun off an online loan platform for small businesses that was developed by its innovation lab into an independent company that has already raised $9 million in funding.

17 May 2017

News/Findex

Fintech unicorn Transferwise moves into the black

Fintech unicorn Transferwise says the company has reached operational profitability six years after launch.

17 May 2017

Company update/Findex

Additiv secures multi-million Swiss franc investment

Zurich-based additiv, a leading provider of digitalisation solutions to the financial services industry, today announced that it secured funding.

17 May 2017

Company update/Findex

OpenInvest raises $3.25 million in seed funding

OpenInvest, a social impact investing platform for retail investors, announced today that it raised $3.25 million in seed funding.

16 May 2017

News/Findex

Chase joins $50m LevelUp funding round

JPMorgan Chase has joined a $50 million funding round for LevelUp, a Boston-based mobile payments service that lets customers order ahead at partner restaurants.

16 May 2017

News/Findex

BNP Paribas leads $63m funding round for Wall Street messaging outfit Symphony

Bank messaging platform Symphony Communication Services is looking to expand into Asia after raising $63 million in a funding round led by BNP Paribas.

16 May 2017

News/Findex

Citi invests in DLT startup Axoni

Citi has become the latest Wall Street giant to join a Series A funding round for Axoni, bringing the total amount raised by the distributed ledger technology outfit to over $20 million.

11 May 2017

Company update/Findex

Startupbootcamp InsurTech graduate, CBien, raises €8 million

CBien, the leading European digital asset management platform located in Paris, Nantes and Hamburg, has raised €8 million from its existing shareholders MAIF, MACIF and 5M Ventures.

11 May 2017

News/Findex

Kreditech secures EUR110 million investment from PayU

Germany's Kreditech has secured a EUR110 million investment from online payment processor PayU.

10 May 2017

Company update/Findex

ING chief talks up digital programme in Q17 results statement

ING 1Q17 net result EUR 1,143 million

10 May 2017

Company update/Findex

Broadway Technology raises $42m

Broadway Technology, a leading provider of high-performance software and infrastructure for global financial institutions, announced today that it has closed a $42 million minority investment led by Long Ridge Equity Partners.

09 May 2017

News/Findex

Core banking veterans raise $12m for new cloud-based venture

Frank and Mike Sanchez, the men behind the Profile core banking platform, have raised $12 million in seed funding for their new cloud-based fintech firm Finxact.

09 May 2017

Company update/Findex

FIS posts Q1 revenue rise

FIS (NYSE:FIS), a global leader in financial services technology, today reported that first quarter GAAP revenue increased 3.4 percent to $2,255 million from $2,181 million in the prior year quarter.

03 May 2017

Company update/Findex

Next Insurance closes $29m Series A funding round

Next Insurance, a leading digital insurance company for small to medium businesses, announced today that it has raised $29 million in a Series A funding round led by Munich Re/HSB Ventures along with Markel, Nationwide, and other existing investors.

03 May 2017

Company update/Findex

ICE closes TMX Atrium acquisition

Intercontinental Exchange (NYSE: ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced it has completed its all-cash acquisition of TMX Atrium, a global extranet and wireless information services business, from TMX Group.

01 May 2017