News
Boston-based Corvus Insurance Secures $31 Million
Boston-headquartered Corvus Insurance, a company that offers artificial intelligence (AI)-enhanced cyber insurance policies for firms, has sold shares worth around $31 million in a $33 million investment round.
Which UK and European fintech startups raised the most money in 2019
The UK and European fintech industries continued to be an attractive proposition for investors in 2019, with a string of big-ticket funding rounds and investments.
Fintech startup Qwil raises $24.4 million in equity and $200 million in debt
Qwil, a startup that provides financing to freelancers and small businesses, has raised $24.4 million in equity and $200 million in debt funding from investors including Jefferies Financial Group Inc, the company said on Wednesday.
Digital Bank Chime Now Has A Valuation Of $5.8 Billion
Chime, the digital bank, now boasts a valuation of $5.8 billion, after raising $500 million in a fresh round of fundraising.
Fellow Finance, Citadele Bank and Crosslend launch lending partnership
Finnish fintech lender has struck a partnership with Baltic bank Citadele that will see the former firm fund loans through the peer-to-peer lending platform, which is the largest in the Nordics.