Latest Findex News: Finextra Research

Andreessen Horowitz leads $58 million investment in TransferWise

Andreessen Horowitz, the investment firm which rose to prominence thanks to big bets on Facebook, Twitter, Airbnb, and Pinterest among other, has led a $58 million funding round in UK money transfer startup TransferWise.

26 January 2015

News/Findex

Citi and American Express join $21 million Persado funding round

The venture capital arms of Citibank and American Express have joined a $21 million funding round for digital marketing communications company Persado.

23 January 2015

Company update/Findex

Goldman leads $56 million investment in Big Data firm Antuit

Antuit Holdings Pte Ltd (“Antuit”), a global, Big Data solutions company headquartered in Singapore, announced today it has secured an investment of up to $56 million led by Goldman Sachs (GS), a leading global investment bank, and Zodius Capital (“Zodius’), an original founding investor.

22 January 2015

News/Findex

Monitise puts itself up for sale; warns on full year revenues

Mobile banking company Monitise has put itself in the shop window, as its stock price deteriorates still further and it warns on full year revenues.

22 January 2015

News/Findex

Financial institutions join record-breaking bitcoin funding round

Three major financial institutions have contributed to a record-breaking $75 million investment round in bitcoin startup Coinbase.

20 January 2015

Company update/Findex

Diebold restructures Latin American operations

As part of the company's on-going transformation efforts, Diebold, Incorporated (DBD) is realigning the structure of its Brazil and Latin America operations to drive greater efficiency and further improve customer service.

15 January 2015

Company update/Findex

D3 Banking scoops $10 million funding

In 2014, D3 Banking, a leading innovator in omnichannel, data driven digital™ banking, received a capital infusion, doubled its employee base and introduced new product innovations that challenged the industry’s existing approach to data analytics and money movement.

15 January 2015

Company update/Findex

AIM Software receives majority investment from Welsh, Carson, Anderson & Stowe

AIM Software (the “Company” or “AIM”), the leading provider of data management software products to the financial services industry, today announced that it has received a majority investment from Welsh, Carson, Anderson & Stowe (“Welsh Carson” or “WCAS”), a private equity firm focused on investing in high growth businesses.

15 January 2015

News/Findex

Temenos shares slip on poor sales

Shares in Swiss core banking vendor Temenos have slipped 18 percent after the vendor revised guidance and warned of disappointing Q4 sales.

13 January 2015

News/Findex

Capital One buys budgeting app Level Money

US bank Capital One has bought money management app Level Money. Financial terms were not disclosed.

12 January 2015

News/Findex

Lending Club shares soar on market debut

Shares in Lending Club soared 55% to $23.23 in morning trading on the peer-to-peer loan specialist's market debut.

11 December 2014

News/Findex

Social trading network eToro secures $27 million funding round

Social investment network eToro has secured $27 million in new financing from venture capital funds associated with two of the world's largest financial services organisations, China's Ping An Insurance and Sberbank of Russia.

10 December 2014

Company update/Findex

Nok Nok Labs closes $8.2 million round

Nok Nok Labs, an innovator in modern authentication and a founding member of the FIDO Alliance, today announced the closing of $8.25 million in a Series C financing.

09 December 2014

Company update/Findex

Australian P2P outfit SocietyOne completes Series B round

SocietyOne, Australia's first and largest Peer-to-Peer (P2P) lender, today announced the successful completion of a Series B capital raise with a consortium of eminent Australian investors, made up of Consolidated Press Holdings (CPH), News Corp Australia and Australian Capital Equity.

08 December 2014

News/Findex

MasterCard and CIBC join $70m Dynamics funding round

MasterCard and Canadian bank CIBC have joined a $70 million series c funding round for Dynamics, an American outfit that makes "interactive" payment cards with buttons that users press to access different features.

08 December 2014

Company update/Findex

HCE startup SimplyTapp raises $5.9 million

SimplyTapp, the leading provider of Host Card Emulation (HCE) solutions for cloud based mobile payments, today announced it has raised $5.9M of a Series B financing round from undisclosed new investors and existing investors Blue Sky Capital and Lightspeed Venture Partners, bringing the total amount of funding raised to date to $7.6M.

03 December 2014

Company update/Findex

IQuantifi raises $1 million in angel funding round

iQuantifi, the first virtual financial advisor to provide comprehensive, goal-based planning advice to millennials and young families, announced today that it has raised $1 million in its angel round investment.

03 December 2014

News/Findex

Stripe raises $70m at $3.5bn valuation

Stripe has raised $70 million in a funding round which values the San Francisco-based payments start-up at $3.5 billion, according to the Financial Times.

02 December 2014

Company update/Findex

Carlyle Group pumps $147 million investment into Nigeria's Diamond Bank

Global alternative asset manager, The Carlyle Group (NASDAQ: CG) today announced that it has invested $147 million in Diamond Bank (NGSE: DIAMONDBNK), a commercial bank headquartered in Lagos, Nigeria, with operations across West Africa and the UK.

27 November 2014

News/Findex

Monitise gets £49.2 million boost from Santander, Telefonica and IBM

Santander, Telefonica and MasterCard are to invest £49.2 million in Monitise, providing a welcome boost to the London-based mobile money outfit after Visa decided to sell off its stake in the company.

27 November 2014