Latest Findex News: Finextra Research

Company update/Findex

Creative Group raises €22 million from Prime Ventures

Creative Group announces €22 million in funding from Prime Ventures.

26 June 2019

Financial data specialist MX raises $100m

MX, a US outfit that promises to help banks, credit unions and fintechs use their data more effectively, has raised $100 million in a Series B funding round led by Battery Ventures.

25 June 2019

News/Findex

Monzo doubles valuation to £2 billion after fresh capital injection

UK challenger bank Monzo has doubled its valuation to £2 billion after raising £113 million to help fund its expansion to the US.

25 June 2019

Company update/payments

POS financing startup Sunbit raises $26 million

Sunbit, a leading financial technology company that effectively transforms the process of financing in-store purchases for consumers across the credit spectrum, today announced a $26 million Series B round of equity funding, led by Zeev Ventures. Zeev Ventures Founding Partner, Oren Zeev, known for investments in Audible, Houzz, Chegg, TripActions, Tipalti and others, led the round, with participation from prior investors Group 11 (formerly SGVC), Chicago Ventures and other existing investors.

13 June 2019

News/Findex

Augmentum tops up investments in Tide, Monese and DueDil

London-listed fintech investment fund Augmentum Fintech has made an aggregate of £8.5 million of follow-on investments into three of its existing portfolio companies, Tide, Monese and DueDil.

13 June 2019

News/Findex

ABN Amro takes stake in financial crime outfit Thetaray

ABN Amro's Digital Impact Fund has taken an undisclosed stake in Israeli Big Data analytics firm Thetaray.

12 June 2019

Company update/Findex

BUX secures $12.5M funding round following acquisition of ayondo Markets

Today, BUX announced a $12.5M funding round led by venture capital firms Velocity Capital and Holtzbrinck Ventures, bringing the total amount in funding raised so far to $35M. The funding round also included debt financing from Kreos Capital.

12 June 2019

News/Findex

Desjardins sets up $45 million fintech investment facility

Canadian financial services co-operative Desjardins has created a $45 million fintech investment pool to support its push into digital services.

11 June 2019

News/Findex

Melbourne payments startup Verrency raises A$10 million

Australian payments innovation startup Verrency has closed a A$10 million Series A funding round ahead of a planned expansion to Singapore and US markets.

11 June 2019

Company update/startups

Halo Investing raises $12 million

Halo Investing, the world's first and only independent, multi-issuer technology platform for Structured Notes has recently closed a $12 million Series B financing round at an undisclosed valuation from venture capitalists including Allianz Life Ventures, part of Allianz Life Insurance Company of North America, an affiliate of Piton Investment Management, and William Blair Circle, an affiliate of William Blair.

10 June 2019

Company update/security

Dashlane closes $110 million Series D

Dashlane, the leading credential and digital identity management solution, made two announcements today reflecting the company's continued global growth and the rising need for data privacy tools in our personal and professional lives.

31 May 2019

Company update/payments

Paysend turns to the crowd for new funding

Paysend, a London-based, FCA regulated fintech company specialising in international payments and money transfers is launching a crowdfunding campaign on Seedrs.com.

30 May 2019

News/Findex

London fintech Yapily latest to benefit from Open Banking goldrush

The drive towards Open banking in Europe is creating an attractive environment for fintech fund raising, with London-based Yapily the latest to benefit, securing a £4.3 million seed round from King’s Cross-based venture capital firm Localglobe and HZ Holtzbrinck Ventures.

30 May 2019

Company update/devops

DataArt secures funding from DEG

DataArt, a leading global technology consultancy that designs and develops unique software solutions, has raised equity funding from the German development finance institution DEG.

29 May 2019

News/Findex

Swedbank leads £4 million round in Kaching Retail

Swedbank has led a £4 million investment round in mobile point-of-sale startup Kaching Retail.

29 May 2019

Company update/Findex

SkySparc gets financial injection from Bragnum Invest

SkySparc, an independent solutions provider, has entered into an agreement for a strategic investment by Bragnum Invest to support the firm’s growth strategy.

29 May 2019

Company update/Findex

Swedish fintech startup Open Payments raises EUR1.2 million seed funding

Swedish fintech startup Open Payments is first in the Nordic region to offer a genuine PSD2 aggregated platform that on behalf of third-party providers, and with the end customer's consent, initiates account-to-account payments and retrieves account information and transaction history, all via one single API.

28 May 2019

Company update/regulation

ClauseMatch secures $2.5. million venture debt funding

Following recent expansion in Singapore, London based RegTech firm ClauseMatch closed its first venture debt funding round with Silicon Valley Bank (SVB), the bank of the worlds most innovative businesses and their investors.

28 May 2019

News/startups

Zero Financial raises $20 million to blur the distinction between debit and credit cards

Zero Financial, a US startup that offers a checking account and rewards credit card that operates like a debit card, has closed a $20 million Series A financing round, led by New Enterprise Associates (NEA).

24 May 2019

Company update/Findex

SE2 makes majority investment in insurtech Life.io

SE2, a recognized industry leader providing technology driven third-party administration services for many of the top life insurance companies in the US, announced an increased investment in Life.io, a customer engagement technology platform focused on the life insurance and annuity industry.

22 May 2019