Latest Findex News: Finextra Research

Company update/Findex

Coinsilium purchases own shares in mixture of cash and cryptocurrency

Coinsilium Group Limited (NEX: COIN), the blockchain venture builder, advisor and investor that finances and manages the development of early-stage blockchain technology companies, is pleased to announce that on 7 March 2018, the Company completed the purchase of 2,000,000 of its own shares at a price of 9p per share.

09 March 2018

News/Findex

Germany's solarisBank wins big bank-backing for EUR56.6 million fund raise

BBVA, Visa, Lakestar and ABN Amro have contributed to a EUR56.6 million funding round in German banking-as-a-service platform solarisBank.

08 March 2018

News/Findex

S&P Global agrees to buy AI startup Kensho

S&P Global has agreed a $550 million cash and stock deal to buy Kensho Technologies, a provider of analytics, AI, machine learning and data visualisation systems to Wall Street banks.

07 March 2018

Company update/Findex

Browser-based payments startup RateX raises $3 million

RateX, a Singapore-based payments startup has raised S$3million (US$2.3million) in a pre-series A funding round – among the largest pre-series A funding rounds to date in Southeast Asia.

07 March 2018

News/Findex

BBVA raises Atom Bank stake to 39% as part of £149 million funding round

UK digital-only Atom Bank has raised £149 million in a funding round which sees BBVA invest a further £85.4m in the startup, raising its stake to 39%.

07 March 2018

News/Findex

Capital markets startup Capitolis secures $29 million in funding

Capitolis, a 'next generation' provider of capital markets technology founded by Gil Mandelzis, ex-Traiana, and Icap, Tom Glocer, ex-CEO of Thomson Reuters, and Igor Teleshevksy, formerly Traiana, has raised $29 million in financing from Index Ventures and Sequoia Capital.

06 March 2018

Company update/Findex

Marketplace lending platform Maliyya scores EUR1.3 million in seed funding

Maliyya, a fintech company engaged in development of a P2P lending and borrowing platform, has just closed the first seed investment round of USD$1.3 million from Ground1 Ventures, a private investment firm based out of UK.

05 March 2018

News/Findex

NAB invests in real estate investment platform BrickX

National Australia Bank's venture capital arm has joined a $9 million Series A financing round for BrickX, a real estate investment platform that lets people pay small sums for slices of properties.

28 February 2018

Company update/Findex

AIB joins EUR1 million funding round in payroll management startup Payslip

Global Payroll Software company, Payslip, today announced a €1 million investment, led by Frontline Ventures and AIB, and leading Technology Investors, Tribal, Bloom Equity & Enterprise Ireland.

28 February 2018

Company update/Findex

Klarna reports double-digit sales growth

Klarna Bank AB (publ), one of the leading global payment providers, has released its annual financial statement for 2017 (link), and reveals that it was a record year for the company, with 42% year on year global growth in sales volume.

28 February 2018

Company update/Findex

Reech Corporations Group to back German InsureTech start-up FinanzRitter

Reech Corporations Group has agreed a significant seed investment in German insureTech start-up FinanzRitter, in the latest addition to its growing pan-European portfolio of finTech businesses.

28 February 2018

News/Findex

Augmentum unites private and public markets in £100 million IPO

In a rare meeting of the public and private markets, crowdfunding platform Seedrs says private investors have responded enthusiastically to the opportunity to invest in fintech venture firm Augmentum, surpassing the initial £500,000 target that Seedrs set for its portion of the IPO in the first 24 hours.

28 February 2018

Company update/Findex

Fifth Third joins Current funding round

Current, the platform enabling teens to connect their money with the people, brands and experiences they value, today announced that Fifth Third Capital, a direct equity investment subsidiary of Fifth Third Bancorp (NASDAQ: FITB), joined the recently announced Series A funding, led by QED Investors.

27 February 2018

News/Findex

Virgin Money spends £38.3 million to build new digital bank

Virgin Money spent £38.3 million last year building the technology backbone for its new digital challenger bank.

27 February 2018

News/Findex

ANZ prepares for Open Banking reforms with Data Republic stake

ANZ has taken a stake in Sydney-based startup Data Republic in preparation for the introduction of new rules governing the sharing of customer account data with third party firms.

26 February 2018

News/Findex

Banco Sabadell startup fund invests in voice biometrics firm

InnoCapital the corporate venture vehicle of Banco Sabadell's InnoCell digital hub has led a EUR1 million investment round in voice authentication startup Biometric Vox.

23 February 2018

Company update/Findex

Singapore Insurtech UEX raises S$1.3 million

One of the first InsurTech platform in Singapore has just raised 1.3 million SGD of funding from its seed investor VERSPIEREN (a French insurance broker) to strengthen its presence on the Singaporean market.

23 February 2018

Company update/Findex

Mobile technology platform Thyngs exceeds £300,000 in crowdfunding

Norwich-based startup, Thyngs, has secured £300,000 in seed funding on equity crowdfunding platform Crowdcube to help further develop its mobile technology that transforms any physical object into an instant point of sale.

22 February 2018

Company update/Findex

Wealthsimple raises over £35 million in latest funding round

Wealthsimple, a global digital investing service, has raised £37 million ($65M CAD) investment from the Power Financial group of companies, bringing Power's total investment in the company to £94 million ($165M CAD).

21 February 2018

Company update/Findex

American Express joins Even Financial funding round

Even Financial, the technology platform powering financial services online, has secured a strategic investment round totaling $3 million.

21 February 2018