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...
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...
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, 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...
KOHO announced today (May 15, 2019) that it has closed a $42 million fundraising round led by Portag3 Ventures (“Portag3”), including Greyhound Capital and other strategic investors. The announcement comes as KOHO, a...
4Stop (“FourStop GmbH”) a leading global KYB, KYC, compliance and fraud prevention provider announces today its successful completion of a German-based €2.5 Million Series A Round Investment from Ventech (the leading...
ElevatHer have officially launched the first of its kind networking tool for women in finance and fintech. The app is designed to be a hub where members can regroup and reinvest in themselves at all stages of their...
A fintech firm based in a backyard of Berlin’s trendy Prenzlauer Berg district has found a new prominent investor in Goldman Sachs Group Inc. Elinvar’s new funding round was led by the U.S. bank’s Principal Strategic...
This week, a frisson passed through Treasury markets when it emerged that China has been selling US government bonds. These sales were not huge — a mere $20.5bn in March — nor were they made with accompanying public...
Investec has become the second asset manager in less than a year to close its online robo-advisory investment service after admitting appetite was too “low”, writing off more than £20m in operating losses and software...
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