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Allianz leads C$100 million funding round for fintech Wealthsimple

German insurer and asset manager Allianz has led a C$100 million ($74.55 million) capital raise for Canadian financial technology company Wealthsimple. Wealthsimple, the online investing service and commission-free trading app which manages around...

TransferWise closes $292 million secondary funding round at $3.5 billion valuation

Money transfer startup TransferWise has closed a $292 million secondary funding round which doubles its valuation to $3.5 billion, the company said on Wednesday. The round was led by growth capital investors Lead Edge Capital, Lone Pine Capital and...

OrgHarvest Launches Reg A+ on TruCrowd’s Cannabis Focused Funding Portal Fundanna.com

TruCrowd, Inc. (“TruCrowd”), a crowdfunding-based investment platform and one of only a few FINRA-registered crowdfunding portals in the U.S., announced today that its cannabis-focused equity crowdfunding portal, Fundanna (“Fundanna.com”), is...

Cuentas announces it has Entered into a Term Sheet with Cima Group

Cuentas, Inc. (Ticker: CUEN) a leading FinTech company serving the Latino and Hispanic underbanked and un-bankable market, entered into a term sheet outlining its License for Cima Group’s Knetik and Auris technology platforms.  Collectively, the...

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