US fintech Rippling now valued at $13.5 billion after $200 million raise
Rippling have raised $200 million in new financing, and signed agreements with investors to repurchase up to $590 million of equity.
Fintech funding in the Americas falls: KPMG
Total fintech investment in the Americas dropped from $95.4 billion in 2022 to $78.3 billion in 2023 as the number of fintech deals plummeted from 3,467 to 2,136.
UK insurtech hyperexponential raises $73m Series B and announces US expansion
UK insurtech hyperexponential today announced the completion of its $73 million (£57.2 million) Series B funding round.
Boston fintech Lendbuzz raises $345 million to expand its AI-powered auto finance platform
Boston fintech Lendbuzz has raised $345 million in a combination of $45 million in equity funding and $300 million in a forward flow facility.
Seattle financial integration company PortX secures $16.5 million in Series B funding
PortX, a leader in financial integration and open banking for community financial institutions and fintechs, have closed its Series B funding round, securing $16.5 million,
YC-backed fintech Hadrius raises $2m seed round to power SEC compliance using AI
US fintech Hadrius has secured $2 million in seed funding to automate SEC compliance for RIAs and broker-dealers.
Global fintech funding falls to US$52.4 billion, but it’s not all bad news: KPMG Pulse of Fintech – H1 2023
According to the H1’23 edition of KPMG’s Pulse of Fintech, a number of sectors attracted robust funding during the first half of 2023.
US fintech PayNearMe secures $45m in Series D Funding led by Australia’s Queensland Investment Corporation
PayNearMe, a fast-growing US fintech company, has announced it has closed $45 million in Series D funding led by Queensland Investment Corporation (QIC).
