Wyre scoops up Chinese remittance startup Remitsy
Blockchain-based cross-border payments startup Wyre is acquiring Beijing-based business payments service Remitsy. The financial terms of the deal are undisclosed.
Zopa backer Forward Partners closes new £60m fund
London-based VC Forward Partners has closed its new early stage fund with £60m. The firm counts peer-to-peer lending platform Zopa among its portfolio.
Wellthie scores $5m to help brokers catch up in InsurTech
Tech provider for the insurance space Wellthie has raised $5m in a Series A round led by IA Capital Group. IA Capital Group led the round.
BNP Paribas acquires neo bank Compte-Nickel
BNP Paribas is set to acquire a 95% stake in neo-banking startup Compte-Nickel’s parent company Financière des Paiements Électroniques.
Funderbeam grabs €2m for startup stock exchange
Blockchain-based trading and investment platform Funderbeam has picked up €2m from Japanese investor and incubator Mistletoe.
500 Startups looks to raise another $25m FinTech fund
Early-stage VC and accelerator 500 Startups is raising another $25m FinTech-dedicated fund, according to an SEC filing.
Perfios nabs $6.1m to crunch data for banks
FinTech data startup Perfios has raised $6.1m in a Series A round from Bessemer Venture Partners. Perfios aims to help financial institutions in real-time decision making.
Enterprise Ireland launches €44m co-investment fund
Ireland’s state agency Enterprise Ireland is announcing a €44m co-investment fund for seed and early-stage companies.
Robinhood joins unicorn club following new funding round
Stocks trading app Robinhood is the latest FinTech startup to reach a $1bn-plus ‘unicorn’ valuation after raising a fresh round of funding.
The Naga Group lands €12.5m to grow social trading app SwipeStox
The Naga Group, the company behind social trading app SwipeStox, has picked up €12.5m in a Series A round from Chinese investment fund Fosun.
