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Luge Capital raises $85M to invest in Canadian fintech startups

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There are 831 financial technology startups headquartered in or operating in Canada, according to data collected by Fintech Growth Syndicate, yet only a handful...

Next Insurance raises $250M from Munich Re, becomes a unicorn

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Next Insurance, a three-year-old U.S.-based firm that sells insurance products to small businesses, has become the latest unicorn in the nation after bagging $250...

Rapyd raises $100M for its ‘fintech as a service’ API, now...

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The digital payments market is forecast to balloon to $3 trillion by 2023, and today a startup that lets businesses implement not just payments, but...

Bnext raises $25 million for its mobile banking alternative

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Fintech startup Bnext has raised a $25 million funding round. The Spanish company is building a banking product and has managed to attract 300,000...

Khatabook raises $25M to help small businesses in India record financial...

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Even as tens of millions of Indians have come online for the first time in recent years, most businesses in the nation remain offline....

PayPal to enter China through GoPay acquisition

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The People’s Bank of China has approved PayPal’s acquisition of a 70% equity state in GoPay (Guofubao Information Technology Co. (GoPay), Ltd.), which will...

Mercury banks $20M for its banking service aimed at startups

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Online-only banks have become a viable option for many people who would have traditionally used a brick-and-mortar bank but are now looking for more...

Paro raises $10 million series B to offer corporate finance expertise...

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As any CFO can attest, corporate finance is extraordinarily complicated. From tax preparation, to financial controls, to cash flow estimation and more, the finance...

Fractional home ownership startup Divvy raises $43m series B to build...

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There is no more important savings asset for most American families than owning a home, but the dream of ownership has turned into a...

Kreditech, the AI-based near-prime loans platform, nabs $22M under new CEO...

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Cash advances (or simply, loans) continue to be a lucrative area for startups to tackle. By leveraging new AI-based tools to evaluate potential customers,...