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Tag: Fintech Funding

Europe Fintech Funding: WeGift raises $30.9M in series B

Digital payouts firm WeGift on Tuesday closed a $30.9 million series B funding round led by Element Ventures. The London-based platform automates the manual...

ConnexPay raises $110M for tech enhancements

Payments technology platform ConnexPay secured a $110 million investment last week from growth equity firm FTV Capital to help support technology enhancements and grow...

Fintech Funding: GoHenry raises $55M

Fintech GoHenry, which provides pre-paid debit cards and a financial education app for children, on Wednesday announced it has raised $55 million in a...

Tiger Global looks to raise $6B in next funding round

Tiger Global is looking to raise $6 billion for its next venture capital fund. The New York-based hedge fund recently invested in GrubMarket, ServiceUp,...

Belvo receives Citi Ventures investment

Open finance API platform Belvo announced that it has received an investment from Citi Ventures to expand its footprint into Latin American countries. The...

Fintech Momentum in Indonesia Continues to Gain Steam

Indonesia’s fintech sector has grown at a fast pace these past couple of years, driven by a dynamic startup ecosystem, supportive governmental initiatives to...

Fintech Funding: Fintechs nab millions for account-to-account payments, digital banking

Lithuanian account-to-account (A2A) payments fintech kevin. raised $65 million in a series A round, the company announced Tuesday. Founded in 2018, kevin. facilitates card-free...

Fintech Funding: BMO offers $2.7B in public offering of common shares

To fund its acquisition of Bank of the West and its subsidiaries, the Bank of Montreal is offering 18,125,000 common shares at a price of $149 per share. Gross proceeds will be $2.7 billion for the Canadian bank. The offering is being underwritten on a bought-deal basis by a syndicate of underwriters led by BMO […]

Fintech Funding: Automated mortgage fintech EarnUp closes $31M series C

Automated payments fintech EarnUp announced Tuesday that it raised $31 million in a series C funding round. KeyBank and LendingTree led the round, with investment from participation from Bain Capital Ventures, SignalFire, Blumberg Capital and Flourish Ventures. EarnUp automates payments and uses just-in-time data to streamline mortgage and financing for retail customers, with adjustable autopay […]

Report: Africa Fintech Startups Raised $2 Billion in 2021

report:-africa-fintech-startups-raised-$2-billion-in-2021

Africa’s fintech startups are reported to have raised $2 billion in the past year alone. This amount dwarfs the $231 million that was raised in the year 2020. Nigerian startups continue to account for the biggest share of funds raised by the continent’s fintechs in 2021. 2021 Has Highest Number of Reported Deals The capital…

The post Report: Africa Fintech Startups Raised $2 Billion in 2021 appeared first on Bitcoin News Miner.

7 Early-Stage Fintech Startups from Indonesia to Follow in 2022

In Southeast Asia, Indonesia is fast becoming a fintech powerhouse as investors continue to pour money into young, innovative startups seeking to tap into the country’s massive population of underbanked.

The post 7 Early-Stage Fintech Startups from Indonesia to Follow in 2022 appeared first on Fintech Singapore.

Fintech Funding: Document AI company Base64.ai raises $1.8M

Document artificial intelligence (AI) technology company Base64.ai last week raised $1.8 million in its first funding round. Long Journey Ventures and Data Community Fund led the investment. New York City-based Base64.ai automates document identification, recognizing IDs, invoices, checks and forms in more than 60 languages. The platform leverages AI to translate any document into standard […]

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