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.
French InsurTech Otherwise grabs €1.6m Seed round
Collaborative insurance startup Otherwise has picked up €1.6m in a Seed funding round. The investment comes from 360 Capital Partners and Bpifrance as well as other private investors.
Uber-rival Grab snatches Kudo to power up payments
South-East Asian Uber-rival Grab is boosting its payments powers with the acquisition of e-commerce and payments service Kudo.
Turkish payments tool iyzico adds $2m to Series C
Turkish online payments service iyzico is adding another $2m to its Series C funding round to bring it up to $15m. The new capital comes from London-based VC Amadeus Capital Partners.
Indonesian bill-payment app Ayopop secures $1m Seed round
Indonesian bill payments app Ayopop has secured $1m in a Seed round. Japanese early-stage VC Gree Ventures led the investment with angel backers also participating.
Nigerian SME lender Lidya pockets $1.25m
Nigerian small business lender Lidya has picked up $1.25m in a seed funding round led by Accion Venture Lab. Newid Capital and several angel investors also participated.
