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African core banking vendor AppZone lands $10 million in new funding

/retail

African core banking vendor AppZone lands $10 million in new funding

Pan-African fintech AppZone has picked up $10 million in new funding.

CommBank's x15ventures takes minority stake in bill pay startup Payable

/startups

CommBank's x15ventures takes minority stake in bill pay startup Payable

CommBank's x15ventures has invested £1 million for a significant minority stake in Identitii bill payment subsidiary Payable.

Two-year old Ramp joins fintech Unicorn club

/startups

Two-year old Ramp joins fintech Unicorn club

Ramp, a corporate credit card startup founded by the team behind Paribus, a consumer finance firm acquired by Capital One in 2016, has confirmed $115M in new funding from D1 Capital Partners and Stripe, with support from Goldman Sachs, Founders Fund, Coatue Management, Thrive Capital, Redpoint Ventures, Box Group, Neo, and Contrary Capital.

Swiss digital private bank startup Alpian raises $18m

/startups

Swiss digital private bank startup Alpian raises $18m

Alpian, a digital-first private bank aimed at Switzerland's mass affluent market, has raised US$18 million in a Series B funding round

Egypt's Paymob scoops $18.5 million in new funding

/payments

Egypt's Paymob scoops $18.5 million in new funding

Egyptian digital payments provider Paymob is to further its expansion into Saudi Arabia and other Middle East markets after receiving an $18.5 million cash injection in a funding round led by UAE-based VC Global Ventures.

TrueLayer raises $70 million in preparation for Open Finance moment

/retail

TrueLayer raises $70 million in preparation for Open Finance moment

UK Open Banking platform TrueLayer has raised $70 million in a Series D fundraising round.

Green debit card startup on the way to £1 million crowdfund target

/sustainable

Green debit card startup on the way to £1 million crowdfund target

Tred, a UK startup building a carbon tracking debit card and app, has bust through its initial £400,000 crowdfunding target within hours of going live on Crowdcube.

Plaid hits $13.5 billion valuation on $425 million funding round

/retail

Plaid hits $13.5 billion valuation on $425 million funding round

Open banking platform Plaid has raised $425 million in Series D financing at an estimated valuation of $13.5 billion.

DLocal bags $150 million in funding and recruits JPMorgan executive as COO

/payments

DLocal bags $150 million in funding and recruits JPMorgan executive as COO

Latin American cross-border payments platform dLocal has bagged $150 million in funding and recruited JPMorgan's global head of fintech as chief operating officer.

Airtel Africa clinches $100 million investment from Mastercard

/payments

Airtel Africa clinches $100 million investment from Mastercard

Mastercard is to invest $100 million into Airtel Africa's mobile money business.

Spiral raises $14m for charitable giving banking app

/startups

Spiral raises $14m for charitable giving banking app

Spiral, an "ethical banking app" that makes it easy for users to give to charities, has raised $14 million in a funding round led by Team8.

Pakistani fintech startup SadaPay raises $7.2 million

/startups

Pakistani fintech startup SadaPay raises $7.2 million

Pakistani fintech startup and aspiring neo bank SadaPay has raised $7.2 million as it awaits regulatory approval for a live roll out.

Payments startup Monavate raises £5m

/startups

Payments startup Monavate raises £5m

UK startup Monavate has raised £5 million for its technology-enabled, compliance and card scheme sponsorship platform.

Wall Street elite join $90 million round in Capitolis

/markets

Wall Street elite join $90 million round in Capitolis

Capital markets software house Capitolis has closed a $90 million Series C funding round led by Andreessen Horowitz's a16z venture fund.

UK BNPL player Butter raises £15.8 million

/payments

UK BNPL player Butter raises £15.8 million

UK-based buy now, pay later provider Butter has closed a £15.8m funding round to help it take on the likes of AfterPay and Klarna in its home market.

NOW Money secures $7 million cash injection

/inclusion

NOW Money secures $7 million cash injection

NOW Money, a UAE-based provider of digital banking accounts for migrant workers, has secured $7 million in a funding round led by Anthemis Exponential Ventures.

Blockchain.com raises $300 million

/crypto

Blockchain.com raises $300 million

Cryptocurrency wallet provider Blockchain.com has secured $300 million in a Series C funding round that values the London-based company at $5.2 billion.

JPMorgan Chase joins PPRO funding round

/payments

JPMorgan Chase joins PPRO funding round

Payments infrastructure provider PPRO has topped up its latest $180 million funding round with an additional $90 million investment from JPMorgan Chase and Eldridge.

Meniga raises €10 million to meet green surge

/sustainable

Meniga raises €10 million to meet green surge

Fintech vendor Meniga has closed a €10 million investment round to meet surging demand for its new range of green financial products.

Feedzai achieves Unicorn status on $200 million fund raise

/crime

Feedzai achieves Unicorn status on $200 million fund raise

AI-based financial crime detection platform Feedzai has joined the Unicorn club, raising $200 million at a valuation of above $1 billion.

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