Category : News

German Rob Advisor Scalable Capital Raises €150 Million in Fundraise Led by Tencent

Scalable Capital, a German-based neobroker and digital wealth manager, has raised more than US$180 million (€150 million) in a Series E funding round led by China’s technology company Tencent. This purely primary investment round where existing share...

Nubank Bags US$ 750 Million in Two Series G Extensions, Now Valued at US$30 Billion

Brazilian challenger bank Nubank announced that it has raised a total of US$ 750 million during two extensions of its Series G funding round, raising the round to US$1.15 billion. During the first extension, the challenger bank secured US$500 million...

Digital Banking: Release a New Feature in the Swiss Market in Half the Time

The Swiss banking market is among the most traditional in Europe. With a number of native traditional, private banks and a few European challengers attempting to penetrate the market, it stands to say that the digital banking landscape is evolving ra...

Fintech DACH Trends: Funding Bounces Back in 2020

Despite an initial fall in transaction value and volume in the first half of 2020, fintech funding in Germany, Austria and Switzerland, or the DACH region, rebounded significantly in the second half of the year with EUR 2.2 billion raised during H2 2...

9 Top-Ranked Crypto Blockchain Project Coins You’ve Probably Never Heard of Before

Cryptocurrencies have been all the rage this year with total market capitalization surging 132% since the beginning of the year. Given this crypto frenzy, it is quite remarkable how some of the top marketcap ranking firms have eluded mainstream atte...

Canadian ID Verification Firm Trulioo Raises US$394 Million, Valued at US$1.75 Billion

Trulioo, a Canadian global identity and business verification provider, announced that it has completed a US$394 million Series D round at a US$1.75 billion valuation. The Series D round was led by TCV, a growth equity firm, with participation from e...

Swiss Startup Competition Venture Announces Fintech Finalists and Winners for 2021

Switzerland’s startup competition >>venture>> has announced its list of 52 finalists for its 2021 competition. The competition has finalists from five different verticals namely Finance and Insurance, Health and Nutrition, ICT, Reta...

Top 10 Upcoming Fintech Webinars and Virtual Events in DACH to Attend

Despite the loosening of restrictions, webinars and,virtual events continue to be widely popular. As fintech continues to shake up the traditional financial services industry and see rising adoption, we’ve compiled today a list of the top 10 we...

PayAlly Taps Banking Circle to Enhance Its B2B Cross Border Payments Services

PayAlly, a London-based fully integrated payments ecosystem for SMEs, has selected global financial infrastructure provider Banking Circle‘s solutions to improve its multi-currency B2B cross border payments services. In particular, the new part...

BNPL Player Klarna Launches in-App Shopping Feature for UK’s Users

Swedish Buy Now, Pay Later (BNPL) firm Klarna has launched its shopping app where UK’s users can pay in three monthly installments at any online retailer, regardless of whether they’re partnered with the firm or not, directly through the its ap...

Red Bull Racing Honda Selects Tezos as Its Official Blockchain Partner

Red Bull Racing Honda has confirmed a new multi-year technical partnership with Tezos, a Luxembourg- based decentralised, open-source blockchain network, as the team’s official blockchain partner. As part of this initiative, Red Bull Racing Honda wil...

Capchase Secures $125 Million Funding to Launch Financing for Tech Companies

Capchase, a New York-based a platform for recurring-revenue companies to secure non-dilutive capital, has announced a US$125 million Series A investment, led by QED Investors. Additional investors in the round include early backers Bling Capital, Sci...

Winners of Efma-Accenture Innovation in Insurance Awards 2021 Announced

Efma, an association of more than 2,550 retail financial services companies in 133 countries, and Accenture announced the winners of the sixth annual Innovation in Insurance Awards. The awards competition, which recognizes the best insurance technolo...

Generali Bags Four Awards at Efma and Accenture’s Insurance Competition

Crypto Hedge Fund Industry Assets Surge to Record US$3.8B

Last year, cryptocurrency hedge fund assets nearly doubled to hit a new record as the industry delivered outstanding performance. Amid a crypto market bull run, total assets under management (AuM) of crypto hedge funds surged from just over US$2 bill...