Is Fintech dead? Ha! Half a billion raised globally just last week!
Is fintech dead? Just last week there was over US$566 million invested in fintech and insurtech companies from around the globe.
FinTech Pemo Snags $12M in Seed Funding
Dubai-based FinTech Pemo has raised $12 million in a seed funding round that it will use for continued product development and expansion.
Mobile payments company Mr Yum raises record-breaking $89m Series A round led by Tiger Global
Melbourne-founded mobile payments company Mr Yum has raised an $89M AUD Series A round, led by Tiger Global.
Aussie fintech disruptor Till Payments raises $110 million in Series C funding round for global and local expansion
Australian founded and headquartered payments disruptor, Till Payments, has closed its Series C funding round, raising $110 million in private capital.
Singapore fintech Spenmo secures US$34m Series A funding led by Insight Partners
Singaporean fintech Spenmo has raised US$34 million in a Series A investment round led by private equity and venture capital firm Insight Partners.
European fintech Scalapay, founded by two Aussies, raises A$210m led by Tiger Global
Scalapay announced that it has raised A$210 million in equity funding as part of their Series A investment round, led by Tiger Global.
Wave closes largest Series A round for an African fintech with $200 million
Valuing African fintech Wave at $1.7 billion, the landmark Series A round was led by Sequoia Heritage, Founders Fund, Stripe and Ribbit.
One in every four investment deals in Middle East goes to fintech: Report
One in four Middle East investment deals was made in the fintech sector, pulling nearly 30% of all the funding raised during the year.