Information Venture Partners closes second FinTech fund at $106m
Early-stage FinTech venture firm Information Venture Partners has raised $106m in for its second fund, exceeding its $100m target.
Klarna picks up team and tech of bankrupt Cookies
Swedish payments processor Klarna is acquiring the technology and team behind bankrupt peer-to-peer payments app Cookies. No price is disclosed on the deal.
iTouzi grabs $36m for peer-to-corporation lending
Beijing-based peer-to-peer business lender iTouzi has scored $36m in a Series B round of funding. The capital comes from Sino Fortune and individual investor is Sun Jiexiao.
PayKey unlocks $6m to bring P2P payments to messaging
Peer-to-peer payments service PayKey has raised $6m in a Series A round of funding co-led by e.ventures and Gaby Salem of Wharton Asset Management.
Aye Finance picks up $10.3m to expand small business lending
Small business lender Aye Finance has raised $10.3m in a Series B round led by LGT IV. Existing backers SAIF Partners and Accion also contributed to the round.
True Link pulls in $3.6m for retirees financial advice
Digital financial services provider aimed at retirees True Link Financial has raised $3.6m in a new round of funding.
WeSwap picks up £3.4m in crowdfunding campaign
Currency exchange platform WeSwap has picked up £2.4m in an equity crowdfunding round on Seedrs.
CoverWallet pockets $7.8m for small business insurance
Business insurance startup CoverWallet has raised $7.8m in a Series A round led by Union Square Ventures. Index Ventures as well as existing backers also contributed.
AdvisorEngine picks up $20m for wealth management platform
Digital wealth management platform Vanare has raised $20m in a Series A round. The financing comes in the form of a strategic investment by WisdomTree Investments.
T-REX snaps up $10m for financial services technology
Financial services software company T-REX has raised $10m in its Series B round led by Safeguard Scientifics. Investment also came from Ecosystem Integrity Fund.
