Findex

2099 articles tagged with this keyword

/startups

US neo bank Fair raises $20 million with a mission to address racial inequalities

Fair, a new US neo bank targeting recent immigrants from ethnic minority bakcgrounds, has raised $20 million ahead of a public launch slated for April.

/crypto

Facebook Diem competitor Celo raises $20m; targets remittances

Celo, the open-source blockchain payments outfit taking on the Facebook-led Diem, has received $20 million in backing from Andreessen Horowitz, Greenfield One, and Electric Capital.

/startups

Trade Ledger secures £13.5m investment

Lending-as-a-Service platform Trade Ledger has raised £13.5 million in a Series A funding round led by Point72 Ventures and joined by Foundation Capital, Court Lorenzini, and Hambro Perks.

/markets

Johannesburg Stock Exchange leads $9 million round in Globacap

The Johannesburg Stock Exchange has led a $9 million Series A extension in private share and debt trading platform Globacap.

/cloud

B2B capital raising tech outfit Hubx snags $5.5m

Business-to-business capital raising platform Hubx has closed a $5.5 million funding round with participation from Barclays.

/retail

Monzo on course to raise a further £50 million

Monzo is raising a further £50 million in equity funding from existing shareholders and one new investor, Silicon Valley firm Octahedron Capital.

/startups

Fractional share trading platform Wombat raises £2 million

UK-based fractional investment platform Wombat has landed $2 million in a seed funding round led by Fuel Ventures.

/startups

Vested raises $3.6m to bring US stocks to Indian investors

Vested Finance, a Silicon Valley-based online investment platform that enables Indians to buy and sell US stocks, has raised $3.6 million in a seed funding round.

/payments

Abu Dhabi's NymCard raises $7.6 million

Abu Dhabi-based banking-as-a-service vendor NymCard has raised $7.6 million in Series A financing.

/retail

Fidelity in talks to take £100 million stake in Starling

US investment group Fidelity is in advance negotiations to lead a £200 million fundriaising round in UK challenger bank Starling, according to Sky News.

/startups

BNPL player Scalapay raises $48m

Scalapay, a third-party payments outfit that lets customers buy, now, pay later, has raised $48 million in a seed funding round led by Fasanara Capital.

/startups

Stripe joins $35 million funding round in payroll startup Check

Stripe has continued its investment splurge, joining a $35 million funding round in payroll infrastructure startup Check.

/payments

Token snags $15 million in Series B funding

Open Banking payments platform Token has secured $15 million in Series B funding from SBI Investment and Sony Innovation Fund as well as from existing investors Octopus Ventures, EQT Ventures and the venture arm of BNP Paribas, Opera Tech Ventures.

/startups

Banco Sabadell invests €2.5 million in inhouse startup Nomo

Banco Sabadell has invested €2.5 million in Nomo, an inhouse incubated startup subsequently spun out from the bank, which provides business management rools for SMEs and solo traders.

/wealth

Goldman Sachs-backed WealthTech Elinvar secures €25 million funding round

Berlin-based WeathTech outfit Elinvar has secured €25 million in a funding round led by ToscaFund Asset Management.

/wealth

Hybrid wealth platform Wealthpilot raises €8 million

Wealthpilot, a Munich-based provider of consumer financial data agregation software for the wealth management industry, has raised €8 million in fresh capital.

/wholesale

Wells Fargo leads $20m Series A for cash management startup Trovata

Trovata, a US startup specialising in automating cash reporting and forecasting through wholesale, multi-bank API data aggregation, has raised $20 million in a Series A funding round led by Wells Fargo Strategic Capital.

/payments

PPRO achieves Unicorn status on $180 million fund raise

Payments infrastructure provider PPRO has raised $180 million, pushing the firm into Unicorn territory.

/inclusion

Grab raises $300 million to grow fintech business

Singaporean ride-hailing app Grab has raised $300 million for its fast-expanding financial services unit.

/retail

Blend doubles valuation to $3.3 billion on $300 million fund round

Blend, a supplier of loan origination software for the US mortgage industry, has closed $300 million in Series G funding led by Coatue and Tiger Global, nearly doubling its valuation to $3.3B in just five months.