FQX Secures $4.7 Million Seed Funding to Scale Its Promissory Note Infrastructure
FQX, a Swiss-based fintech focused on electronic negotiable instruments, has secured US$4.7 million in seed funding to scale their eNoteTM infrastructure. Earlybird led the round with participation of SIX Fintech Ventures, the non-strategic corporate venture arm of SIX, and the
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Wefox Bags US$650 Million in Series C Fundraise, Secures Valuation of US$3 Billion
wefox, a Berlin-based digital insurance company, has raised US$650 million for its Series C funding round led by Target Global, resulting in a post-money valuation of US$3 billion. The firm intends to invest the proceeds in strengthening its presence in
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London Fintech Curve Raises Nearly £10 Million in Largest Ever Equity Raise on Crowdcube
Curve, a London fintech that allows consumers to store their payment cards in a single location, has secured £10 million in an equity raise on Crowdcube from 11,795 investors. This is reportedly the largest ever equity raise on Crowdcube, breaking
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Boerse Stuttgart Digital Appoints Moneyfarm’s Senior Exec to Its Board of Directors
Boerse Stuttgart Digital Holding, Germany’s trading platform for digital assets and the parent company for the digital business of Boerse Stuttgart Group, announced the appointment of Dr Oliver Vins to its board of directors from 1 June 2021 onwards. Dr
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Crypto Firm Circle Raises US$440 Million, Considers US$4 Billion SPAC Deal
Circle, creator of the second largest stablecoin USDC, announced it has raised US$440 million in financing from leading institutional and strategic investors. The financing included investments from leading private equity, institutional and strategic investors, including Fidelity Management and Research Company,
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Dutch Payments Security Firm Fraudio Secures US$3.3 Million in Seed Funding
Fraudio, a Netherlands-based payments fraud prevention startup, announced that it has raised US$3.3 million during a seed funding round. Investors in this round are the founders of FinTech companies Stone and SaltPay, VCs BiG Start Ventures and BYND Venture Capital,
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Baloise Launches a Mobility Accelerator for Early-Stage Startups
Baloise, a Swiss insurance holding company, has launched its own mobility accelerator with the aim of promoting innovative ideas by early-stage startups under the tagline Mobility@Baloise. The initiative goes hand in hand with the launch of its information platform, which
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Visa Expands Its Fintech Partner Connect Programme
Visa announced the expansion of its Visa Fintech Partner Connect programme which is designed to help financial institutions quickly connect with a vetted and curated set of technology providers. By streamlining the discovery process, Fintech Partner Connect can help Visa’s
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6 Startups to Know in Italy’s Booming Insurtech Sector
Italy, one of the main European insurance markets, has a rich insurtech sector that has witnessed exponential growth on the back of booming investment and increasing collaboration with incumbents to develop innovative products and services. Industry trade group Italian Insurtech
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E-Commerce Fraud Prevention Firm Forter Secures US$300 Million Funding
Forter, a U.S.-based integrated fraud prevention platform for e-commerce, announced that it has raised US$300 million in Series F funding round. The announcement comes six months after the company completed its US$125 million Series E round, almost tripling the valuation
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