Fintech startup ClearGlass Analytics closes $3.6m for pension funds transparency platform
Fintech startup ClearGlass Analytics has closed a £2.6 million ($3.6 million) funding round for its platform.
Australian fintech investment in 2020 remains strong through COVID at US$1.4 billion
Investment in Australia’s fintech sector was strong at US$1.4 billion in 2020, despite a fall from a record $2.09 billion in 2019.
‘Buy now, pay later’ fintech Klarna raises $1bn
Klarna, the Swedish fintech company, has raised $1bn in funding that values the ‘buy now, pay later’ outfit at $31bn.
India attracted $2.7 billion in fintech investment in 2020: KPMG
‘Payments remained the hottest area of investment, followed by insurtech and wealthtech’ India attracted $2.7 billion in fintech investment in 2020, the second-highest amount ever after 2019’s record $3.5 billion, according to the Pulse of Fintech H2’20, a bi-annual report on global fintech investment trends published by KPMG. While the majority of fintech investment was seen early on in the year, merchant platform Pine Labs and Razorpay each raised $100 million in H2 2020. “Payments remained the hottest area of investment, followed by insurtech and wealthtech,” says the report. Fintech investors also adjusted their strategies in the second half of the year, shifting focus more to profitability. Investors moved away […]
Hedge fund billionaire backs bitcoin payment startup
The funding round for Bottlepay comes amid increased interest in bitcoin from institutional investors and large corporates.
UK’s fintech VC Finch Capital invests £5M in Dublin-based SaaS startup
AccountsIQ has secured €5.8 million funding with the fintech-focused venture capital firm Finch Capital backing the investment.
Crypto wallet and exchange company Blockchain.com raises $120 million
Blockchain.com has announced that it has raised a $120 million funding round. The company develops a popular crypto wallet as well as an exchange.
India emerges as Asia’s biggest destination for fintech deals
India has emerged as Asia’s biggest destination for fintech deals, leaving behind China in the quarter ended June 2020: RBSA Advisors report.