Latest Findex News: Finextra Research

Company update/Findex

LogRhythm closes $50 million financing

LogRhythm, The Security Intelligence Company, today announced that it has closed a $50 million round of new financing.

30 August 2016

Company update/Findex

Jumio secures $15 million financing round

Jumio, a digital ID verification company, today announced it has secured $15 million in financing from Centana Growth Partners LP and Millennium Technology Value Partners.

30 August 2016

News/Findex

Paytm banking plans boosted by $60 million funding round

Paytm parent company One97 Communications has raised $60 million from Taiwanese chip manufacturer MediaTek, part way to a $300 million target that will fund the mobile commerce firm's move into the Indian banking sector.

30 August 2016

Company update/Findex

Robo advisor Ginmon closes financing round

Frankfurt based Robo Advisor closes financing round in the 7-digit Euro range to pursue their international growth strategy. Among the biggest investors are the London based VC Passion Capital.

25 August 2016

News/Findex

China drives soaring Asia Pacific fintech financing

Fintech funding in Asia Pacific is on a tear, reaching $9.6 billion for the first six months of the year, more than twice the $4.26 billion invested in the region in all of 2015, according to Accenture.

25 August 2016

News/Findex

Canadian fund raises $20 million fintech investment pot

Toronto-based Impression Ventures Fund has raised C$20 million to invest in early-stage Canadian financial technology companies.

23 August 2016

Company update/Findex

Investment app Stash raises $9.25m

Stash, one of the fastestgrowing new financial services for Millennials, announced today that it has secured $9.25 million in Series A funding to further accelerate user growth and to build out its technology platform.

19 August 2016

Company update/Findex

Iress publishes half year result with profit increase

Iress Limited (ASX.IRE) today announced a statutory net profit for the six months to 30 June 2016 of $32.7 million, up 22% over the prior half (six months to 31 December 2015) and up 15% over the previous corresponding period (six months to 30 June 2015).

18 August 2016

News/Findex

Nykredit invests in Lunar Way; Danish neobank to launch in Sweden and Norway

Danish neobank Lunar Way has signed deals with major banking partners in its home country and neighbours Sweden and Norway as it prepares to expand across the Nordics.

18 August 2016

News/Findex

Euronext to buy 20% stake in EuroCCP

European exchange group Euronext has agreed to pay around EUR14 million for a 20% stake in central counterparty EuroCCP.

17 August 2016

Company update/Findex

Speridian acquires Sesame Software

Speridian Technologies, the leading provider of Information Technology solutions for global businesses, today announced that it has acquired a majority stake in Sesame Software, a Kozhikode-based Financial technology solutions provider.

17 August 2016

Company update/Findex

Zervant closes €4M A round to expand in Europe

Finnish fintech startup Zervant has announced €4M in funding, led by Northzone and Conor Venture Partners.

17 August 2016

Company update/Findex

Earthport releases trading update

Earthport (AIM: EPO.L), the leading payment network for cross-border payments, is pleased to provide an unaudited trading update for the fiscal year ended 30 June 2016 (“FY16”).

16 August 2016

News/Findex

Mondo to turn to crowdfunders as part of £15-£20 million funding drive

Fresh from receiving a restricted banking licence from UK regulators, challenger bank Mondo is raising a further £15-£20 million in funding and embarking on a recruitment drive as it prepares for life as a full bank.

16 August 2016

Company update/Findex

Onfido secures funding

Onfido, a leading global identity verification and background checking provider, announces it has raised funding from Salesforce Ventures, Talis Capital and angel investors to scale its machine learning-enabled trust solutions for financial services firms.

15 August 2016

Company update/Findex

Finova Financial secures record-breaking $52.5 million fintech funding

Finova Financial’s industry-first, cloud and mobile-based consumer auto title lending platform has raised $52.5 million in a combination of equity and a credit facility, one of the largest initial rounds in FinTech industry history, Finova announced today.

10 August 2016

Company update/Findex

Paysafe reports revenue increase

Paysafe Group plc (LSE:PAYS, “Paysafe” or the “Group”), a leading global provider of payment solutions, today reports strong growth in the six months ended 30 June 2016.

10 August 2016

Company update/Findex