Latest Findex News: Finextra Research

Experian leads $28 million investment in C88 Financial Technologies

Experian has led a $28 million investment round in Singapore-based transactional marketplace operator C88 Financial Technologies.

30 July 2018

News/Findex

ING invests EUR21 million in TransferMate

Dutch bank ING has spent €21 million to buy a minority equity stake in cross-border B2B payments company TransferMate.

30 July 2018

Company update/Findex

Stock market for private companies raises $50 million

Equidate, the stock market for private technology companies, has announced a $50 million Series B financing round led by Financial Technology Partners (“FT Partners”), Panorama Point Partners, and Operative Capital. Equidate’s existing investors include Peter Thiel, Tim Draper, and Scott Banister.

27 July 2018

Company update/Findex

CloudTrade closes first invesment round, raising £2 million

CloudTrade, the leading provider of cloud-based e-invoicing, e-order and complex data capture services, has today announced the completion of its first investment round, securing a £2million injection from Calculus Capital.

27 July 2018

Company update/Findex

Digital invesment advisor OpenInvest raises $10.4 million

OpenInvest, the first digital investment advisor for socially responsible investing, announced today that it raised $10.4 million in Series A funding.

26 July 2018

Company update/Findex

FinAccel raises $30 million to extend 'buy now, pay later' app across SE Asia

Jakarta based FinAccel has raised a USD30 million Series B equity investment round led by Square Peg Capital, with participation from new investors MDI Ventures and Atami Capital, and from existing investors Jungle Ventures, Openspace Ventures, GMO Venture Partners, Alpha JWC Ventures and 500 Startups.

26 July 2018

Company update/Findex

Ingenico H1 in line with expectations

Ingenico Group, (Euronext: FR0000125346 - ING), global leader in seamless payment, announced today its results for the six-month period ended as of 30 June 2018.

26 July 2018

News/Findex

Automated debt management app Tally raises $25m

Tally, an automated credit card debt management app, has raised $25 million in a Series B funding round led by Silicon Valley VC Kleiner Perkins.

25 July 2018

News/Findex

Nasdaq's transition to a tech stock comes into focus

Reporting a bump in second quarter net income, exchange operator Nasdaq has reiterated its repositioning as a capital markets technology and analytics provider.

25 July 2018

Company update/Findex

Earthport reports "challenging" year as losses grow

Earthport (AIM: EPO.L), the leading payment network for cross-border payments, today provides an unaudited trading update for the fiscal year ended 30 June 2018 (FY 2018).

25 July 2018

Company update/Findex

GMEX acquires 30% stake in Usave Blockchain to build digital exchange for physical gold

USAVE Blockchain (USAVE) today announced an agreement to partner with GMEX Group (GMEX), a provider of innovative exchange, post-trade and digital technology solutions, to build the digital Monaco Gold Spot Exchange (MGX) which will enable the fair and secure trading of physical eco-responsible gold.

25 July 2018

Company update/Findex

Atos to acquire Syntel following strong first half

Atos, a global leader in digital transformation, today announces its financial results for the first half of 2018.

23 July 2018

Company update/Findex

Banco BNI Europa to fund Upgrade consumer loans in US

European challenger bank Banco BNI Europa and Fintex have entered into a strategic partnership to invest in Upgrade’s consumer loans and expand access to affordable credit to consumers in the United States.

19 July 2018

News/Findex

TrueLayer raises $7.5 million for European expansion

After a run of successful integrations in the UK's Open Banking market, financial API platform TrueLayer has raised $7.5 million to capitalise on opportunities in Europe as new data sharing rules come into force.

19 July 2018

News/Findex

Banco Sabadell's InnoCells pumps EUR7.5 million into Israeli startup fund

Banco Sabadell's digital venture vehicle InnoCells has contributed EUR7.5 million to a tech investment fund run by Cardumen Capital, giving the Spanish bank access to new technological breakthroughs emerging from Israel's thriving startup ecosystem.

19 July 2018

Company update/Findex

Tradeteq raises $6.3 million

Tradeteq, the trade finance distribution platform, has raised US$6.3mn of equity investment in seed extension funding round, led by ADV.

18 July 2018

News/Findex

Euroclear takes stake in Algomi

Euroclear has made an undisclosed investment in fixed income liquidity matching firm Algomi.

18 July 2018

Company update/Findex

PayBreak secures £15 million in funding from Paragon

UK Fintech firm PayBreak has secured an additional £15m of funding with specialist banking group Paragon as part of its growth plans.

18 July 2018

News/Findex

BlackFin Capital Partners closes EUR180 million fintech fund

BlackFin Capital Partners is staking a claim to be the largest independent fintech fund in Europe, after completing a €180-million final closing with participation from top-tier banks and insurance houses.

18 July 2018

Company update/Findex

Joust taps new Asutralian crowdfunding rules in bid to raise $2 million

Joust, an Adelaide based fintech that brings competitive tension to the home loan market by linking borrowers directly with over 20 lenders who compete against each other in real-time, has launched an equity crowdfunding campaign to raise $2 million.

17 July 2018