Findex

4073 articles tagged with this keyword

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Bitwala raises EUR13 million

International investors led by Sony Financial Ventures and NKB Group are beefing up Bitwala’s war chest to fuel the expansion of Germany’s cryptocurrency flagship: Bitwala’s unique strategic positioning as a challenger banking service with four years of experience as a gateway to the blockchain-powered digital global economy convinced new and existing investors to pledge a total of 13 million Euro in a Series A funding round.

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Nubank valuation jumps to $10 billion on $400 million mega round

Brazilian neo bank Nubank has raised $400 million in its largest investment round to date, valuing the six-year old startup at a heady $10 billion.

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StashAway raises USD$12 million in Series B funding

StashAway, a robo-advisor for both retail and accredited investors, has completed a USD$12 million (SGD$16.4 million) Series B round led by Eight Roads Ventures, the proprietary investment arm of Fidelity International. Asia Capital & Advisors, the private equity firm led by Francis Rozario and Aaron Rozario, also participated.

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Paysend closes £8.5 million Series B

Scottish fintech startup Paysend has closed a £8.5m Series B fundraise from GVA Capital, alongside 926 investors on crowdfunding platform Seedrs.

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Digital Assets Data closes $3.2 million equity round

Digital Assets Data, a financial technology and data company focused on the burgeoning cryptoasset industry, has closed its first equity funding round, led by North Island, the investment firm of prominent technology investor and Silver Lake co-founder Glenn Hutchins, along with his son, James Hutchins.

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Hokodo awarded €2m by Horizon 2020 to free SMEs from unpaid invoices

Hokodo, the UK fintech startup, has been awarded €2m by Horizon 2020, the funding programme for research and innovation run by the European Commission.

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Zeta secure Series C investment from Sodexo

Zeta, a global fintech company revolutionizing the digital banking and enterprise payments space, today announced that it has secured a series C investment from Sodexo Benefits and Rewards Services (BRS) at a valuation of $300 million.

/ai

Applying AI to translate financial documents, Lingua Custodia raises EUR1.1 million

Lingua Custodia, the specialist in Machine Learning applied to financial translation, announces the closing of a €1.1m fundraising operation.

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US account aggregation app MoneyLion raises $100 million

US app-based bank aggregation platform MoneyLion has completed a a $100 million Sseries C funding round.

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Robinhood valuation arrows in on $7.6 billion with $323 million fund raise

Stock trading app Robinhood has raised a massive $323 million round of financing at a $7.6 billion valuation.

/startups

Evarest smashes crowdfunding target

Evarvest, the Lithuania–based start-up working on a ‘Spotify’ style trading app, has raised €227,963, having initially targeted €75,000.

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TradAir com-pletes $11M Series D round

TradAir, a leading provider of institutional trading solutions for FX and Digital Assets, announced today that it has completed an $11M Series D round, led by new investors GF Investments and the family office of Harvey Golub, former Chairman and CEO of American Express.

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Visa invests in Indian B2B payments firm PayMate

Visa has joined a $25 million funding round in Indian B2B payments company PayMate.

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Atom Bank raises £50 million

Mobile-only Atom Bank has raised £50 million in a fundraising round with participation from BBVA, Toscafund, Woodford Patient Capital Trust and funds advised by Perscitus LLP.

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Cashplus grows revenues by 19%; enters Unicorn territory

Cashplus, the leading digital challenger to banks, has reported record revenues of £45.6m, up 19% year on year, and an eighth consecutive year of Operating Profit for the financial year ending March 2019.

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Three German institutions and federal state invest $20 million in Arabesque S-Ray

Arabesque S-Ray, a leading global data provider of environmental, social, and governance (ESG) metrics, today announced strategic partnerships with four new co-investors: Allianz X, Commerz Real AG, DWS Group, and Land Hessen.

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N26 extends Series D to $470 million

German digital bank N26 has raised its Series D funding round to $470 million, valuing the company at $3.5 billion.

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Experian Ventures invests in German startup bonify

Berlin-based fintech start-up bonify today announced new investments from Experian Ventures, the venture capital arm of Experian plc, and Santander InnoVentures. A number of other investors also participated in the investment round.

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SumUp raises €330m capital facility

SumUp, announces today that it has raised a from Bain Capital Credit, Goldman Sachs Private Capital, HPS Investment Partners, and TPG Sixth Street Partners.

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Curve picks up $55 million in Series B funding

Curve, the UK fintech that consolidates multiple cards and accounts into one smart card and app, has secured $55 million as part of a Series B funding round, valuing the company at a quarter of a billion dollars.