Findex

2099 articles tagged with this keyword

/crime

Financial crime detection startup Elucidate raises €2.5 million

Elucidate, the Berlin-based financial crime risk quantification agency, has raised €2.5 million in a pre-Series-A funding round led by Frontline Ventures.

/startups

ING invests in credit scoring startup Flowcast

ING Ventures is investing an additional $3 million into Flowcast, a fintech startup that applies AI to the credit and collection process for non-performing loans.

/retail

Starling achieves Unicorn status on £272 million funding round

Starling Bank has entered Unicorn territory on the back of a new £272 million investment led by Fidelity Management & Research Company.

/wealth

WeLab moves into WealthTech space on Allianz investment

Hong Kong fintech WeLab is to expand into the wealth management market after securing a $75 million funding round led by the venture arm of German conglomerate Allianz X.

/startups

Salary-on-demand startup Minu raises $14 million

Mexican salary advance startup Minu has raised $14 million in Series A funding.

/payments

Klarna confirms mammoth $1 billion fund raise

Buy now, pay later giant Klarna has confirmed a $1 billion funding round, valuing the Swedish firm at $31 billion.

/crypto

Mode raises £6 million from private placing

LSE-listed fintech Mode has raised £6 million in fresh capital on an oversubscribed placement of 10,909,091 new ordinary shares at a price of £0.55p each.

/startups

Monument confirms £28 million fund raise

Monument, a digital banking startup for the well-heeled, has landed £28 million in new funding from existing backers and a trio of angel investors.

/startups

Sokin scores investment from Rio Ferdinand

Former England international soccer player Rio Ferdinand has invested in global currency account startup Sokin.

/retail

Atom to raise £40 million ahead of potential IPO

The UK's first app-only bank Atom is to raise £40 million from existing investors ahead of a potential IPO next year.

/payments

Episode Six bags $30 million in fresh capital

Episode Six, the Texan fintech which provides a digital API platform for payments, has secured an additional $30 million of investment, bringing its total capital raised to $40 million.

/startups

Middle East Open Banking outfit Tarabut Gateway raises $13m

Middle Eastern Open Banking platform Tarabut Gateway has raised $13 million in what it claims is the largest fintech seed round in Mena history.

/crypto

Bottlepay raises £11 million for fiat and crypto micropayments app

UK-based fiat and crypto payments network Bottlepay has raised £11 million in a seed funding round backed by British fund manager Alan Howard, present and former Goldman Sachs partners, FinTech Collective and Nydig.

/retail

Penta tops up Series B by €7.5 million

German digital bank Penta has topped up last year's Series B round with a further investment from finleap, HV Capital, RTP Global, Presight Capital, S7V and VR Ventures, and ABN Amro Ventures.

/payments

Orka raises £29m to grow earned wage access product

Worker tech start-up Orka has raised £29m to double headcount and fuel growth of its earned wage access product Orka Pay.

/predictions

Exchange that lets investors trade on event outcomes raises $30m

Kalshi, a Silicon Valley-based online exchange that lets users trade on the outcome of real-world events, has raised $30 million in a Series A funding round led by Sequoia Capital.

/startups

Aussie business finance startup Thrive hits $2 million crowdfund target in two days

Thrive, an Australian fintech startup that provides tools for automating financial admin for small businesses, has raised $2 million in under two days in a record-breaking crowdfunding campaign.

/wholesale

Cashplus bids for £50 million capital raise

SME digital bank Cashplus is out to raise £50 million in new funding to support growth and unlock a higher proportion of deposit funding for SME lending following bank authorisation.

/wholesale

Third party risk management platform Mirato raises $9m

Mirato, an Israeli firm that has built an AI-driven third party risk management platform (TPRM) for financial institutions, has raised $9 million in funding.

/payments

Swedish fintech Billhop secures €4M Series A investment

Billhop, the Swedish company which makes every invoice and bill payable by card, has closed a €4M Series A investment round from financial technology VC Element Ventures.