TLDR: The FinTech sector saw a rebound in funding rounds this week, with a total of 17 deals closing. The largest deal was a $73 million Series B funding round secured by hyperexponential, a pricing decision intelligence software company. Conta Simples, an expense management and corporate card services company from Brazil, raised $41.5 million in Series B funding to expand in their domestic market. Anecdotes, a compliance technology firm, raised $25 million in Series B funding for their GRC (Governance, Risk, and Compliance) technology. In terms of sectors, FinTech led the way with 7 deals, followed by InsurTech with 4 deals. The US and UK were the top countries in terms of funding rounds, with 5 and 4 deals respectively.
FinTech frenzy: $73m hyperexponential deal dominates this week’s funding rounds.
by 
PriyaPatel
PriyaPatel Latest from Blog
Law must adapt to fintech and digitisation trends for progress
TLDR The rapid digitalisation of finance highlights the need for a cohesive regulatory framework that adapts to technological changes. Experts at an
US goes after Russian fintech for Ukraine sanctions.
TLDR: US Treasury imposes sanctions on Russian fintech operators for aiding in sanctions evasion. Thirteen entities and two individuals were designated for
Fintech’s magic: Click a button, watch wealth grow invisibly
TLDR: Key Points: Fintech is revolutionizing the finance industry by offering access and control over financial transactions. The ease of digital transactions
Latin America’s Banking as a Service Market reaches $2B by 2024.
TLDR: Latin America’s Banking as a Service market is projected to reach $2 billion in 2024. The growth is driven by the
British Business Bank launches £660m Northern Powerhouse Investment Fund II.
TLDR: British Business Bank has launched the second edition of the Northern Powerhouse Investment Fund (NPIF II) with a total of £660