Findex

2099 articles tagged with this keyword

/retail

Nordic neobank Lunar snags €70 million in fresh funding

Daniosh neobank Lunar has raised €70 million in fresh capital as it prepares for the roll out of new crypto trading and B2B payments products.

/retail

Lendable raises £210 million at £3.5 billion valuation

London-based consumer finance platform Lendable has bagged £210 million in a funding round led by the Ontario Teachers' Pension Plan Board.

/startups

Lloyds Bank invests £5 million in working capital platform Satago

Lloyds Bank has invested £5 million for a 20% stake in invoice financing startup Satago and will roll out the platform for its Single Invoice Finance and whole of book Invoice Factoring customers.

/startups

Atlantic Money moves out of stealth to take on Wise

Atlantic Money, a money transfer fintech founded by two early employees of RobinHood has moved out of stealth with a promise to take on the likes of Wise and Revolut with a cheaper offering for larger value transactions.

/payments

Dash raises $32.8 million to build mobile money bridge in Africa

Dash, a Ghanian fintech attempting to create a mobile money equivalent of the Visa and Mastercard networks in Africa, has raised $32.8 million in an oversubscribed seed round.

/payments

Stax reaches unicorn status on $245 million equity raise

US-based payments software company Stax has grown from a kitchen table startup to a billion dollar business after raising $245 million Greater Sum Ventures (GSV), HarbourVest Partners and Blue Star Innovation Partners.

/payments

UAE BNPL startup tabby secures Series B extension of $54 million

UAE-based buy now, pay later startup tabby has successfully raised $54M in an extension round to its initial $50M Series B closed in August of last year.

/startups

Private markets fintech Delio secures $8.3 million

Delio, a UK fintech which connects capital raisers, financial institutions and investors in private markets, has secured $8.3m growth funding led by Octopus Ventures.

/payments

Payhawk becomes Bulgaria's first ever unicorn

Payhawk, the London-based and Bulgarian-founded fintech that provides businesses with a unified platform for managing cards, payments, invoices and expense management, has raised an additional $100m to extend its Series B round to $215m, in the process becoming the first ever Bulgarian company to achieve unicorn status.

/payments

CIBC invests in merchant acquiring startup Pollinate

CIBC is to invest in Pollinate, a merchant acquiring startup founded by former Monitise chief Alastair Lukies, and to roll out its Tyl payment terminals across canada.

/payments

Scalapay joins BNPL unicorn club

Italy's Scalapay has become the latest BNPL unicorn on the back of a $497 million Series B investment from Tencent and Willoughby Capital, with participation from Tiger Global, Gangwal, Moore Capital, Deimos, and Fasanara Capital.

/startups

Embedded finance startup Weavr eyes US launch on $40 million funding round

Weavr, a London-based startup that allows businesses to embed banking and payments into their mobile app or SaaS platforms, has closed a $40 million Series A funding round led by Tiger Global.

/startups

SoftBank leads $190 million investment in PrimaryBid

PrimaryBid, the fintech platform that connects retail investors with public companies raising capital, has closed a $190m Series C investment round led by SoftBank Vision Fund 2, with participation from existing investors.

/payments

Siam Commercial Bank invests $100 million in Indonesian BNPL player Akulaku

Siam Commercial Bank has invested $100 million in Indonesian buy now, pay later platform Akulaku.

/payments

Flutterwave hits $3 billion valuation on $250 million Series B

African payments technology processor Flutterwave has secured $250 million in Series D funding at a valuation of $3 billion.

/retail

Atom Bank raises £75 million as IPO prospects grow

Mobile-only Atom Bank has raised more than £75m in new equity priced at 70p per share as it continues to grow its profitability and drive to IPO.

/markets

Sharegain raises $64 million to democratise securities lending

Securities lending and capital markets infrastructure fintech Sharegain has raised $64 million in a series B round led by WestCap and joined by Citi, EJF Capital LLC and Optiver PSI.

/startups

Sustainable finance app Novus goes live

Societal impact app Novus has begun onboarding customers in the UK after closing a $3 million crowdfund.

/people

Will Ferrell invests in Lunar

Danish neobank Lunar has received fresh investment from an unexpected source - Will Ferrell, the US actor famed for his knockabout comedic roles in Elf and Anchorman, among others.

/startups

TrueLayer and PayPal invest in South African startup Stitch

South African-based fintech API startup Stitch has sealed a $21 million Series A funding round led by The Spruce House Partnership, with investments from TrueLayer and PayPal Ventures among others.