Stripe, which builds economic infrastructure for the internet, has raised a $600 million (€500 million) funding round at a $95B (€80B) valuation.
Fintech startup ClearGlass Analytics has closed a £2.6 million ($3.6 million) funding round for its platform.
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.
‘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 […]
AccountsIQ has secured €5.8 million funding with the fintech-focused venture capital firm Finch Capital backing the investment.
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 has emerged as Asia’s biggest destination for fintech deals, leaving behind China in the quarter ended June 2020: RBSA Advisors report.