Findex

2099 articles tagged with this keyword

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Open Banking platform Tink raises EUR90 million

Swedish Open Banking platform Tink has closed a EUR90 million investment round at a post-money valuation of EUR415 million to supports its continued expansion across Europe.

/startups

Australian neobank Volt makes seamless move from Series C to Series D ahead of planned IPO

With its sights set on an IPO later this year, Australian neobank Volt has closed a $70m Series C round and is now opening up a $50m Series D on a $285m valuation.

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Revolut raise set to value business at $5 billion

UK-based Revolut is on course to achieve a $5 billion valuation during an upcoming funding round, according to documents from lead investor Technology Crossover ventures (TCV)

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Polish banks band together to invest in digital signature fintech Autenti

Alior Bank, BNP Paribas and PKO Bank Polski – banks representing approximately 30 per cent of assets in the Polish banking sector – have invested together in Autenti, a Polish fintech which offers a platform for electronic signing and digital document workflow.

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Australian lender Wisr raises $35 million

ASX-listed marketplace lender Wisr has raised $35 million via a placement of approximately 181 million ordinary shares.

/startups

Days after Plaid acquisition, Visa splashes the cash again

Days after splashing out $5.3 billion to acquire data sharing startup Plaid, Visa has opened its wallet again to invest an undisclosed sum in data security outfit Very Good Security.

/markets

Digital asset startup iStox raises $5 million ahead of live launch

Singapore-based digital asset trading and custody startup iStox has raised $5 million from South Korea's Hanwha Asset Management.

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ING spins out bond analytics fintech Katana

ING is to spin out bond analytics platform Katana, the latest graduate from the Dutch bank's fintech incubation labs.

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SME lending challenger B-North completes £2 million crowd raise

B-North, the Manchester-based firm building an SME lending bank for the UK, has secured £2 million of financing from crowdfunding platforms Crowdcube and Growthfunders, adding to the £4.2 million it has raised in previous rounds.

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Ripple secures $200 million in new funding

Payments disruptor Ripple has scored $200 million in Series C financing, in a round led by Tetragon with participation from SBI Holdings and Route 66 Ventures.

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HSBC tops up OpenFin Series C with $5 million investment

HSBC has joined a Series C financing round in OpenFin, bringing the total amount raised by the desktop OS operator to $22 million and total funding to date to $45 million.

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Hong Kong's WeLab raises $156 million as virtual bank launch approaches

Months after scooping one of Hong Kong's new virtual banking licences, mobile lender WeLab has raised US$156 million of Series C strategic financing to further build out its proposition.

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Gig economy credit startup Portify raises £7 million

London fintech startup, Portify has raised £7 million in series A funding to scale its income smoothing service for gig economy workers.

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Fintech OS to expand to US and Asia on £10.7 million fund raise

Fintech OS, a provider of open source, pre-built apps for digital banking operations, has secured $10.7 million of Series A investment.

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BMO joins $6m FlexPay funding round

FlexPay, a Montreal-based startup using AI to help merchants recover lost revenues from declined transactions, has raised $6 million in a funding round led by Impression Ventures and joined by BMO Capital Partners.

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Mexican SMB lender Konfio lands $100 million in funding

Mexican small business lender Konfio has completed a $100 million funding round led by SoftBank's Latin American fund.

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LuxSE acquires stake in bond issuance startup Origin

The Luxembourg Stock Exchange has acquired a ten percent stake in London-based bond workflow outfit Origin.

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Nationwide invests in charity app Percent

Nationwide Building Society has dipped into its £50 million venture fund to take an undisclosed stake in app-based donations startup Percent.

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Canadian neo bank Koho extends Series B by C$25 million

Drive Capital and National Bank of Canada have invested C$25 million in Canadian neo banking startup Koho.

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Figure Technologies aims for $103 million fund raise

Figure Technologies, a San Francisco-based blockchain-based startup for providing loans against mortgage equity is close to raising $103 million in financing in a bid to enter the student loan market.