Latest Findex News: Finextra Research

QED Investors leads $20 million round in Payhawk

Payments and expense management platform Payhawk has raised a Series A $20 million financing round led by QED Investors.

20 April 2021

News/retail

Goldman Sachs invests £50 million in Starling Bank

Goldman Sachs Growth Equity has invested £50 million in UK challenger Starling Bank.

19 April 2021

News/payments

Indian unicorn Razorpay triples value to $3 billion in less than six months

After being crowned a Unicorn a few months ago in October 2020, Indian banking and payments platform Razorpay has concluded a Series E fundraise of $160 Million.

19 April 2021

News/payments

Zilch hits $500 million valuation on $80 million fund raise

The buy now, pay later sector continues to attract investor dollars, with two-year old UK player Zilch the latest to benefit, raising $80 million at a valuation of $500 million.

19 April 2021

News/payments

Japanese QR Code gateway Netstars raises $60 million

Netstars, the operator of Japan’s largest QR code payment gateway, has completed a $60 million funding round amid plans for international expansion.

16 April 2021

News/payments

Open Banking loyalty app loyalBe secures £1 million investment

Belfast-based fintech company loyalBe has secured $1m investment in an oversubscribed funding round led by Techstart Ventures with support from Co-Fund NI and angels.

16 April 2021

Company update/payments

Hodge invests in Welsh fintech Yoello

Welsh bank Hodge has made a landmark investment in up-and-coming payment platform Yoello.

15 April 2021

Company update/wholesale

Maven invests £2.5 million in Big Data analytics firm Cardinality

Maven Capital Partners, one of the UK’s most active investors in growth businesses, has today announced that it has invested £2.5 million in Cardinality Ltd, a software and service provider which has developed a data ingestion and analytics platform called ‘Perception’, that enables its customers to run, manage and derive value from datasets in real time and at massive scale.

15 April 2021

News/startups

Fintern raises funds for UK consumer lending play

Fintern, a UK startup aiming to shake up the market for low-value consumers loans with the launch of credit technology that bypasses credit scores in making lending decisions, has raised £32 million in equity and debt funding.

15 April 2021

Company update/startups

Citi Ventures joins $3 million round in parental expense tracking app Ensemble

Ensemble, the expense tracking app for co-parents, announced its launch today and a $3 million seed investment by TTV Capital, Lerer Hippeau, and Citi Ventures.

14 April 2021

News/payments

Cardlay raises €8 million from venture fund run by former Mastercard exec Javier Perez

Javier Perez, the former president of Mastercard Europe, has invested €8 million in Danish fintech Cardlay through his Global PayTech Venture fund.

14 April 2021

Company update/markets

LiquidityBook receives minority investment from Primus Capital

LiquidityBook, a leading Software-as-a-Service (SaaS)-based provider of buy- and sell-side trading solutions, announced today that Primus Capital, a growth-oriented private equity firm, has made a minority investment in the company.

13 April 2021

News/crypto

FS giants join $65m ConsenSys funding round

JP Morgan, Mastercard and UBS have joined a $65 million funding round for blockchain software engineering firm ConsenSys.

13 April 2021

Company update/startups

Tech subscription firm Grover raises €60 million in equity funding

Grover, Europe's market leader in consumer tech subscriptions, today announces that it has secured €60 million in an oversubscribed Series B round.

13 April 2021

Company update/markets

Grab clambers aboad Spac bandwagon with $34 billion deal

Grab Holdings Inc. (“Grab”), Southeast Asia’s leading superapp1, today announced it intends to go public in the U.S. in partnership with Altimeter Growth Corp. (Nasdaq: “AGC”) in what is expected to be the largest-ever U.S. equity offering by a Southeast Asian company.

13 April 2021

News/payments

FIS Ventures invests in Modulr

FIS ventures has invested in UK payments-as-a-service platform Modulr.

13 April 2021

Company update/crypto

Sovryn raises $9 million; opens for trading

Sovryn, the Bitcoin-based decentralized finance (DeFi) protocol, has agreed a $9M investment from a consortium of partners, vetted for their strategic contribution and led by Anthony Pompliano’s Pomp Investments, after its proposal was formally accepted by the Sovryn community.

13 April 2021