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 […]
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.
Swedish fintech Billhop secures €4M Series A investment
Billhop, the Swedish company which makes every invoice and bill payable by card, has closed a €4M Series A investment round.
Rapyd raises $300 million in funding to support accelerated growth within the global payments industry
Businesses can accept and send payments without having to build their own infrastructure through the Rapyd Global Payments Network.
Trade Ledger scores $24 million from US and UK VCs
Fintech Trade Ledger has raised $24 million in a round led by billionaire investor and US hedge fund manager Steve Cohen’s Point72Ventures.
Indian Fintech startup BharatPe raises $108 million in Series D Funding
Indian financial services company BharatPe has raised US$108 Million in Series D equity round, at a valuation of US$900 Million.
