Friday, April 19, 2019

LATEST NEWS

Zurich Insurance Group launches platform for SMEs with CoverWallet

Zurich Insurance Group (VTX:ZURN), one of the largest global insurance companies, and CoverWallet, the tech company that is the easiest way to understand, buy, and manage business insurance online, today launched a platform for small and medium-enterprise (SME) insurance in Switzerland. Read more: www.finextra.com

Horizen Labs Raises $4M in Seed Round

Horizen Labs, Inc. has launched as a blockchain development company that enables businesses to deploy proprietary blockchain solutions that are fast, secure, private, and scalable. Read more: fintech.finance

New funding set to make Monzo second-largest UK fintech startup

After reportedly closing a £100 million funding round, digital challenger bank Monzo will see its valuation double to nearly £1.9 billion and become the UK’s second most valuable fintech startup, Jane Connolly reports. Read more: www.bankingtech.com

Fintonic Secures €19M in a New Funding Round that Sets the...

Fintonic, the personal finance app, has just finalized a new round of investment of €19m, which sets the valuation of the company at €160m. Read more: fintech.finance

Vayana Network enables Rs.15000+ Crores in Trade Financing

Vayana Network, India’s largest 3rd party Short-Term Trade Finance (STTF) platform, announced that it has facilitated over Rs.15000 crores in trade finance. Read more: www.fintech.finance

Quantfury Adds Ability to Trade Global Markets With Qtum

Qtum, the open-source public blockchain platform, announced that its native token, QTUM, is now available as a funding option on Quantfury, a mobile trading app that enables cryptocurrency holders to use their tokens to trade with fiat funds, crypto pairs, commodities, and other financial assets listed on global and crypto exchanges. Read more: www.fintech.finance

Malaysia’s FinTech Startup MoneyMatch Raises Pre-Series A Investment

Malaysia’s FinTech startup MoneyMatch on Tuesday announced that it has raised an undisclosed amount in pre-Series A funding led by Cradle Seed Ventures, the VC arm of Malaysia’s early stage financier Cradle Fund. Read more: dealstreetasia.com

Signicat Acquired by Nordic Capital

Identity assurance provider Signicat has been acquired by private equity investor Nordic Capital, which hopes to accelerate the company’s international expansion. Financial terms of the agreement were not disclosed. Read more: finovate.com

Hong Kong FinTech Gini Secures $1.6M Investment From Global Investors

Gini, a Hong Kong-based FinTech that specializes in smart spending-tracking, announced on Thursday it raised $1.6m through its seed funding round, which involved participation from Mountain Partners, Treuenburg Group, Global Technology Alliance (GTA), Dr. Cornelius Boersch, the European Investment Fund (backed by EIB), and Hong Kong-based Vectr Ventures. Read more: crowdfundinsider.com

Sezzle Raises $5.6M in New Funding

Alternative payments specialist Sezzle has raised $5.6m in funding in advance of its debut on the Australian Securities Exchange (ASX) later this year. Read more: finovate.com
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