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2099 articles tagged with this keyword

/startups

Mena Banking-as-a-Service player NymCard raises $22.5 million

Abu Dhabi-based banking-as-a-service vendor NymCard has raised $22.5 million in a venture round led by DisruptAD – ADQ’s venture platform, Reciprocal Ventures, and Shorooq Partners

/retail

Backbase valued at €2.5 billion on first private equity investment

Having bootstrapped to €200 Million in revenue, engagement banking vendor Backbase is turning to private equity investment for its next stage of growth, picking up €120 million in equity funding from Motive Partners.

/startups

Fintech Juni raises $206M in equity and debt

Swedish company Juni, a neobank aimed at e-commerce entrepreneurs, has closed on $206 million in Series B and venture debt funding.

/wealth

Abrdn scraps deal to acquire Exo Investing; invests in parent company Nucoro

Investment manager Abrdn has pulled out of a deal to acquire the digital wealth management arm of fintech Nucoro and has instead agreed to an undisclosed investment in the wealthtech.

/wholesale

Barclaycard rolls out cash advance product provided by Liberis

UK alternative finance provider Liberis has formed a deal with Barclaycard to offer revenue-based financing to the acquirer's small business customers.

/regulation

LHV UK secures €35 million to fund new UK bank

LHV UK has secured €35 million in funding to capitalise its new UK banking operation, which is currently pending approval from the Prudential Regulatory Authority.

/startups

NAB Ventures invests in Archistar

National Australia Bank has led an $11 million funding round in property intelligence platform Archistar.

/startups

Citi invests in document management spin out Arteria AI

Arteria AI, a document and contract management spin out from Deloitte, has received investments from the strategic investing arm of Citi's Global Spread Products division, and Canada's BDC Capital.

/startups

UK neobank Kroo raises £26 million

Newly authorised mobile-only UK bank Kroo has raised £26 million to grow its team and expand its product offerings.

/sustainable

Visa invests in CO2 tracker ecolytiq

Sustainable finance provider ecolytiq has secured a €13.5 million financing round led by Visa and other blue chip investors.

/crypto

Merge emerges from stealth to provide banking infrastructure for crypto-native businesses

Merge, a UK-based Web 3.0 startup co-founded by a former Paypal and Barclays' executive, has raised $9.5 million in a seed round to develop an API-based fiat-to-crypto banking and payments platform.

/payments

B2B BNPL startup Mondu raises $43 million

Berlin-based B2B buy now, pay later startup Mondu is to expand across Europe on the back of a $43 million Series A round led by Valar Ventures.

/startups

Revenue-based financing startup Bloom raises £300 million

Revenue-based business finance provider Bloom has secured £300 million in a funding round led by Credo Capital Partners and funds managed by Fortress Investment Group

/crypto

Nomura leads $6 million investment in climate tech startup Allinfra

Climate tech startup Allinfra has raised $6 million in a Series A round led by Nomura.

/markets

Banks and exchanges invest in digital securities market ADDX

The Stock Exchange of Thailand, Krungsri Bank and UOB have invested in blockchain-based digital securities exchange ADDX.

/payments

China's TenCent leads $18 million Series B in UK fintech Previse

Chinese ecommerce giant Tencent has led an $18 million funding round into London-based fintech Previse.

/payments

Ireland's TransferMate hits unicorn status on $70 million funding round

Cross-border B2B payments company TransferMate has clinched unicorn status on the back of a $70 million funding round.

/retail

Freetrade raises £30 million through convertible loan note

Commission-free stockbroking app Freetrade has raised £30 million in debt financing to strengthen its balance sheet amid volatile fund-raising conditions for fintech startups.

/startups

Former Trussle execs move out of stealth with B2B BNPL startup

Tranch, a new London-based buy now pay later (BNPL) platform for SaaS sellers and professional services providers, is coming out of stealth, having raised £3.5 million in pre-seed equity and debt funding

/payments

Xendit scores $300 million funding round

Souteast Asian payments platform Xendit has closed on a $300 million funding round, taking total capital raised by the firm to $538 million since its inception in 2016.