Findex

2099 articles tagged with this keyword

/payments

Airwallex raises valuation to $2.6 billion on $100 million Series D extension

Fintech payment platform AirWallex has increased its valuation to US$2.6 billion with a capital raising of $100 million in a further Series D extension

/payments

EBRD, Goldman Sachs invest in Turkish fintech DgPays

The European Bank for Reconstruction and Development and Goldman Sachs are to jointly invest in Turkish fintech DgPays.

/startups

UK stockbroking app Freetrade raises $69 million

Commission-free stockbroking app Freetrade has raised a Series B round of $69 million

/regulation

VoxSmart seals $25 million fund raise as WFH compliance demands take hold

Communications surveillance group VoxSmart has closed a $25 million funding round led by Toscafund Asset Management.

/retail

Zopa raises £20 million after exceeding bank performance targets

Zopa has landed £20 million from existing investors after picking up £250 million in deposits following the launch of its app-only bank last year.

/startups

Indian lending platform KreditBee raises $70 million

Bengaluru-based fintech lending platform KreditBee’s holding entity, Finnov has raised an additional $70 million in a follow-on Series C round from TPG-backed NewQuest Capital Partners and Motilal Oswal Private Equity.

/startups

Valar Ventures makes first investment in Africa with neo bank Kuda

Nigerian digital banking startup Kuda has raised $25 million in a Serie A funding round backed by Peter Thiel's Valar Ventures.

/payments

French payroll and HR platform PayFit raises €90 million

Digital payroll and human resource management firm PayFit has raised a €90 million series D funding.

/sustainable

Tencent backs Finnish fintech Enfuce

Finnish fintech Enfuce has raised €7 million in Seris B funding, including a €5 million investment from Chinese behemoth Tencent.

/startups

Illuminate Financial closes on $100 million fintech fund

Fintech venture fund Illuminate Financial has closed the lid on a $100 million war chest with backing from Barclays, JPMorgan, Deutsche Boerse and IHS Markit.

/devops

Capital markets low code vendor Genesis snags $45 million in new funding

Genesis Global, the London-based supplier of a low code platform for capital markets development, has raised a $45m Series B led by Accel.

/payments

Payments-as-a-service platform Brim raises $25 million

Toronto-based payment technology firm Brim Financial has closed a $25M Series B, co-led by Desjardins Group and US-based Epic Ventures.

/startups

LVH to invest £4.45 million in B-North

Estonian financial services firm LVH is to invest £4.45 million in B-North, the Manchester-based firm building a regional SME lending bank for the UK.

/crypto

Austria gets first fintech unicorn as BitPanda closes $170 million Series B

Crypto-broker BitPanda has become Austria's first fintech unicorn after securing $170 million in a Series B round led by Valar Ventures, with participation from the partners of DST Global.

/startups

Canadian challenger Koho closes $70 million funding round

Canadian challenger bank Koho closed a $70 million oversubscribed Series C funding round.

/payments

Stripe raises $600 million at a $95 billion valuation

Web payments firm Stripe plans to hire 1000 new staff in Dublin over the next five years on the back of a fresh $600 million funding round.

/retail

Atom Bank's valuation set to halve on latest funding round

Atom Bank's pitch to raise £40 million from existing investors is likely to lead to a sharply discounted valuation for the app-based lender, underscoring the difficulties faced by neo banking startups in attracting investors.

/security

Capital One Ventures invests $24 million in Securonix

Capital One Ventures has invested $24 million in cloud security intelligence firm Securonix in conjunction with a strategic partnership.

/payments

Africa's Flutterwave banks $170 million in fresh capital

African payments technology processor Flutterwave has secured $170 million from a group of international investors as part of a successful Series C round.

/crypto

Nomura joint venture Komainu closes $25 million Series A

Komainu, a crypto custodian joint venture between Nomura, CoinShares, and Ledger, has closed a $25 million Series A fundraise.