Findex

2099 articles tagged with this keyword

/wholesale

Small business lender Capify nets $10 million in funding

Online lender Capify has scored $10 million in equity funding and secured continued support from Goldman Sachs for its existing credit facilities.

/payments

NAB to roll out Pollinate; joins investor group

National Australia Bank has struck a multi-year deployment deal with merchant acquiring startup Pollinate and taken a stake in the UK-based fintech.

/regulation

Barclays secures stake in RegTech Kharon

Barclays Bank has taken a stake in US RegTech firm Kharon.

/crypto

Thiel leads $52 million round in Austrian digital asset venture BitPanda

Crypto-trading firm BitPanda has raised $52 million in its first funding round, led by Peter Thiel's Valar Ventures.

/payments

MineralTree raises $50m; acquires Inspyrus and Regal Software

Accounts payable firm MineralTree has raised $50 million and acquired two companies in the AP automation and B2B payables space, Inspyrus and Regal Software, to expand its position in the mid-market segment.

/wholesale

Allica Bank bids for $100 million in new funding

UK business bank Allica is embarking on a $100 million fundraising round with an eye to snapping up distressed non-bank lenders impacted by the Coronavirus pandemic.

/wholesale

Factris closes €5 million Series A

Amsterdam-based fintech Factris has concluded a €5 million Series-A equity funding round led by AB Ventures, the corporate venture capital arm of the Arab Bank.

/startups

Banking-as-a-service startup Swan snags €5 million

French banking-as-a-service startup Swan has raised €5 million in a seed round led by Creandum with participation from Bpifrance's Digital Venture Fund.

/payments

Klarna reaches $10.65 billion valuation on $650m funding round

Swedish buy now, pay later outfit Klarna has raised $650 million in an equity funding round, at a post money valuation of $10.65 billion, ranking the firm as the highest valued private fintech in Europe, and the fourth highest worldwide.

/markets

Citi, JPMorgan and State Street invest in Capitolis

Citi, JPMorgan and State Street have invested in capital markets software house Capitolis.

/startups

Indian investment app Groww raises $21.4 million

Groww, an investment app aimed at Indian millennials, has raised a $21.4Mn Series B funding round from US-based VC firm Ribbit Capital along with existing investors Sequoia India and Y Combinator.

/retail

Chip preps £10m crowdfunding campaign

UK smart savings app Chip says 25,000 people have pre-registered for its upcoming Crowdcube campaign, which aims to raise £10 million.

/payments

Klarna eyes $10 billion valuation on $500m fundraise

Swedish buy now, pay later outfit Klarna is looking to raise $500 million in a funding round that would double its valuation to $10 billion, according to a report from Reuters.

/payments

Payment network Thunes raises $60 million

Cross-border payment network Thunes has raised $60 million in a Series B funding round led by Africa-focused Helios Investment Partners.

/payments

PSP Mollie raises €90 million

Dutch payments services provider Mollie has raised €90 million in growth financing in a Series B round led by venture capitalist TCV.

/retail

German loan marketplace auxmoney raises €150 million

German peer-to-peer lender auxmoney has raised a mammoth €150 million in growth capital in an investment round led by Centrebridge Partners.

/retail

Brazil's Neon Pagmentos secures $300 million equity raise

Brazilian neo bank Neon Pagamentos has secured a Series C investment of $300 million led by General Atlantic.

/startups

Helvetia and neon join forces for mobile bancassurance

Helvetia Venture Fund has made its first fintech investment, joining a $5.5 million round in Swiss challenger neon.

/identity

Citi and Wells Fargo invest in digital ID firm Socure

Citi and Wells Fargo have joined a $35 million funding round for machine learning-based digital identity verification firm Socure.

/crypto

Billon lands £2 million in fresh funding

Billon, the British/Polish fintech which uses distributed ledger technology to tokenise national currencies, has raised £2 million in funding with support from the UK Government's Future Fund Scheme.