CFOtech UK - Technology news for CFOs & financial decision-makers
United Kingdom

Fundraising Stories

UK Stories

Fundraising stories

Bishop Fleming hires ex-PwC partner to lead deals team
Small Business

Bishop Fleming hires ex-PwC partner to lead deals team

Rising South West deal activity has prompted Bishop Fleming to strengthen its advisory arm with a veteran due diligence specialist from PwC.

By Karen Joy Bacudo • 4 min read • This month

Global Stories

Fundraising stories

FintechOS raises USD $28 million to fuel US expansion
Software-as-a-Service

FintechOS raises USD $28 million to fuel US expansion

Its US business is expanding rapidly, with recurring revenue up 40% and growth in the market hitting 130% in the first half.

By Karen Joy Bacudo • 4 min read • Last week
Portage closes USD $600 million fourth ventures fund
Software-as-a-Service

Portage closes USD $600 million fourth ventures fund

Fresh capital will back fintech startups as banks and insurers speed up digital modernisation, with Portage now overseeing USD $7.0 billion in assets.

By Karen Joy Bacudo • 4 min read • This month
Ryft raises GBP £20m in Manchester-led funding round
Fintech

Ryft raises GBP £20m in Manchester-led funding round

The payment group plans to use the Series B cash to expand across Europe and the US as UK fintech investment remains at a decade low.

By Karen Joy Bacudo • 4 min read • This month
Flam raises USD $40 million in QED-led funding round
Software-as-a-Service

Flam raises USD $40 million in QED-led funding round

The cash will fund research, product expansion and overseas sales as the San Francisco-based company grows beyond 100 enterprise customers.

By Joseph Gabriel Lagonsin • 3 min read • This month
Velocity raises USD $10 million extension to Series A
Crypto

Velocity raises USD $10 million extension to Series A

Visa-backed investors have lifted Velocity's Series A to USD $48 million as stablecoin payments gain traction with institutions.

By Karen Joy Bacudo • 4 min read • This month
Qupital raises USD $300 million in new funding push
Fintech

Qupital raises USD $300 million in new funding push

The funding will help the Hong Kong-based fintech expand lending to online merchants across Asia and the US as demand for trade finance grows.

By Karen Joy Bacudo • 4 min read • This month
Synapse Analytics raises USD $13 million in Series A
Software-as-a-Service

Synapse Analytics raises USD $13 million in Series A

Regulated lenders gain software that keeps sensitive data in-house as the Abu Dhabi-based group expands after a USD $13 million round.

By Karen Joy Bacudo • 4 min read • This month
Blee raises USD $27 million to scale compliance software
Software-as-a-Service

Blee raises USD $27 million to scale compliance software

AI-driven content growth is forcing larger firms to speed up compliance checks, as the New York start-up targets more sectors and regions.

By Joseph Gabriel Lagonsin • 4 min read • This month
FARx appoints ex-BT executive as Chairman for expansion
Gaming

FARx appoints ex-BT executive as Chairman for expansion

Seed-backed FARx is ramping up abroad as deepfake and identity-fraud attacks push demand for its biometric authentication tools.

By Sofiah Nichole Salivio • 3 min read • This month

Stories from Other Regions

Fundraising stories

Aron launches AI procurement tool with USD $8 million
Software-as-a-Service

Aron launches AI procurement tool with USD $8 million

Procurement teams could cut manual work and spot savings sooner as Aron raises USD $8 million to roll out its AI co-pilot.

By Raphael Veloso • 5 min read • Today
Numeral raises USD $100 million to tackle sales tax
Software-as-a-Service

Numeral raises USD $100 million to tackle sales tax

As states tighten rules on digital goods, the San Francisco startup will use the capital to expand into new industries and add staff.

By Karen Joy Bacudo • 4 min read • Today
TrustCapital & Taylor's Assets launch Malaysia PBSA
Higher education

TrustCapital & Taylor's Assets launch Malaysia PBSA

Rising enrolment is drawing institutional money into Malaysia's fragmented student housing market as the partners target acquisitions and new builds.

By Mara Sugue • 4 min read • Last week
01F Group backs DANA in push into Indonesia fintech
Fintech

01F Group backs DANA in push into Indonesia fintech

Backing for Indonesia's digital payments push gives 01F Group a foothold in a market that could reach USD $1 trillion by 2030.

By Karen Joy Bacudo • 4 min read • Last week
Rotorua Museum construction wraps up a decade after quake closure
Conservation

Rotorua Museum construction wraps up a decade after quake closure

Visitors must wait another two years, even after the long-delayed Rotorua Museum build was finished on time and under budget.

By Local Democracy Reporter • 3 min read • Last week
Closed-door debate on new Masterton town hall
Local Government

Closed-door debate on new Masterton town hall

Councillors have backed an invited tender process for the project, with the new venue expected to be built within the remaining NZD $25 million budget.

By Local Democracy Reporter • 2 min read • This month
Leigh Jasper wins Pearcey Victorian Entrepreneur award
Software-as-a-Service

Leigh Jasper wins Pearcey Victorian Entrepreneur award

The award spotlights Melbourne's start-up scene and Jasper's return to founding, after Aconex sold to Oracle for AUD $1.6 billion.

By Sofiah Nichole Salivio • 4 min read • This month