Findex

2099 articles tagged with this keyword

/payments

Tink closes €85 million extension round bringing total 2020 funding to €175m

Swedish Open Banking platform has closed an €85 million investment round extension, following its €90 million raise in January.

/payments

India's PhonePe to raise $700 million in partial spin-off from Flipkart

Indian digital payment platform PhonePe is to spin off from Walmart-owned e-commerce marketplace Flipkart, raising $700 million in the process to fund growth and compete head-on with the likes of Google, Amazon and WhatsApp.

/payments

Finland's ReceiptHero snags €2 million in seed funding

Finland-based digital receipt startup ReceiptHero has raised €2 million in seed funding from local VC Lifeline Ventures, with participation from Superhero Capital and Sweden's Vidici Ventures.

/inclusion

UK fintech Pockit raises £15 million

Pockit, a UK fintech that provides financial services to underserved customers, has raised £15 million, including £500,000 from a Future Fund-backed crowdfunding campaign.

/retail

Monzo pockets another £60 million in funding

UK challenger bank Monzo has picked up another £60 million in funding from a clutch of new backers including Deliveroo and Stripe investor Novator, Kaiser, and TED Global, as well as existing investor Goodwater.

/crypto

Ziglu raises £6 million on Seedrs

Ziglu, the crypto payments app from former Starling Bank co-founder and CTO Mark Hipperson, has raised £6 million from 1250 investors on crowdfunding Website Seedrs.

/sustainable

Nasdaq Ventures invests in ESG insight firm Matter

Nasdaq Ventures has invested in Copenhagen-based sustainability analysis and reporting provider, Matter.

/startups

London fintech Primer raises £14 million

UK payments startup Primer has raised £14 million in a Series A funding round led by Accel.

/startups

Embedded banking startup Weavr raises $4 million in seed funding

Anthemis, QED Investors and Seedcamp have invested $4 million in embedded finance startup Weavr.

/payments

Indian payment processor Cashfree raises $35.5 million

Indian digital payments processor Cashfree has raised $35.5 million in a Series B funding round led by Apis Growth Fund II, with participation from existing investor Y Combinator.

/payments

Square and Tencent join €93 million capital raise in Italy's Satispay

Italian mobile payments outfit Satispay has raised €93 million in funding from a share sale to a clutch of international investors, including Square, Tencent, LGT LIghtsone and TIM Ventures.

/startups

Stanhope Financial raises $3.5m to provide SMEs with transaction banking services

Stanhope Financial, provider of a treasury management and investment platform for SMEs, has raised $3.5 million in its first funding round.

/payments

PayPal Ventures pumps £9 million into Modulr

UK payments-as-a-service platform Modulr is to bank a £9 million investment from Paypal Ventures.

/retail

Mintos raises €5.3m in single-day crowdfund

European alternative investment platform Mintos has shattered crowdfunding records on Crowdcube, raising €5.3 million from nearly 5000 people in just 24 hours.

/wholesale

SMBC invests $30 million in OakNorth

Sumitomo Mitsui Bank is to use credit intelligence software from OakNorth to boost its commercial leanding operations and has acquired a $30 million stake in the UK challenger bank and tech supplier.

/startups

Banking-as-a-service startup Griffin raises £6.5m

London-based banking-as-a-service provider Griffin has secured £6.5 million in funding to support product development and to progress the firm’s authorisation application for a full banking licence with the UK's PRA and FCA.

/sustainable

Sustainable investment app Clim8 blows through Crowdcube target

Ethical investment app Clim8 has smashed through its latest crowdfunding target, reaching £2.35 million from a range of investment funds and 1900 retail investors.

/inclusion

Grab leads $100 million round in LinkAja

Grab has led a $100 million Series B round in Indonesian e-money institution LinkAja.

/startups

Italian challenger bank Aidexa raises €45 million

Aidexa, an Italian challenger bank for SMEs, has raised €45 million in seed financing.

/startups

German challenger Vivid Money raises €15 million

Vivid Money, a mobile banking startup funded by Russia's Tinkoff Bank, has raised €15 million in a Series A round to support expansion and product development