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Funderbeam pockets $2.6m for blockchain stock exchange

Funderbeam has raised $2.6m in a new round of ventures funding from Draper Associates, Thomson Reuters and IQ Capital.

Alipay partners with Zapper for UK payments

Chinese mobile payments service Alipay is partnering with UK consumer insights and marketing platform Zapper.

Financial fraud grows 25% as criminals exploit data breaches

Financial fraud losses reached £399.5m in the first half of 2016, a 25% increase on the £320.3m lost in the same period last year as a result of scams and online attacks.

Sonovate takes on £14m for contract recruitment financing

Sonovate has raised a new round of funding totaling £14m for its recruiter-financing business. The Series B round was led by Global Founders Capital.

Plum nabs $500,000 for savings chatbot

Facebook Messenger-based chatbot Plum has raised $500,000 in a seed round of funding led by 500 Startup’s microfund. The round also saw local angel investors participate.

OpenGamma grabs $13.3m for rick-as-a-service software

Financial services software provider OpenGamma has raised $13.3m in a new round of funding. The investment was led by Accel and ICAP with individual investor...

Santander UK forges alt-financing partnership with Crowdfunder

Banking giant Santander’s UK operation is partnering with alternative financing site Crowdfunder to provide £200,000 to community projects through the bank’s Changemaker Fund.

iwoca scores £21m to lend to more European SMEs

SME lender iwoca has raised £21m in a Series C round led by Prime Ventures. Funding also comes from existing backers.

Aire pockets $2m for machine learning-driven credit scores

London-based credit score provider Aire has raised $2m in a new round funding. The investment was led by White Star Capital with existing backers Sunstone Capital and Accion Venture Lab also participating.

Octopus Labs announces first FinTech accelerator cohort

FinTech accelerator Octopus Labs has announced the first five startups that will join its first programme this summer.
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