Findex

4073 articles tagged with this keyword

/startups

Online mortgage broker Mojo raises £7m

UK online mortgage broker Mojo Mortgages has raised £7 million in a Series A funding round joined by NVM Private Equity and Maven Capital Partners.

/startups

Goldman Sachs leads $45m funding round for business credit startup Nav

Nav, a business financial management app that helps small firms get better financing by giving them free access to credit reports, has raised $44.8 million in a Series C funding round led by Goldman Sachs and joined by Experian Ventures.

/regulation

Cryptocurrency complaince outfit Chanalyis raises $30 million

Chainalysis, the leading provider of cryptocurrency compliance and investigation solutions, has secured a $30M Series B financing led by Accel.

/startups

UK retains top three spot for fintech investment

UK fintech investment increased by 18% to $3.3 billion in 2018, retaining the country's top three profile for deal-making behind the US and China.

/Findex

SPiCE VC invests in digital securities exchange Archax

SPiCE VC, the world’s first fully tokenised venture capital fund, today announced its latest strategic investment, taking a stake in Archax – the forthcoming institutional digital securities exchange based in London.

/ai

BBVA's Propel invests in psych/AI startup DataSine

Propel Venture Partners, BBVA’s San Francisco based venture capital investment vehicle, has co-led a $5.2 million funding round into London-based DataSine, which blends psychology with machine learning to create highly individualised marketing campaigns.

/Findex

OakNorth raises $440 million for US expansion

UK challenger bank OakNorth has closed a $440 million funding round with the SoftBank Vision Fund and the Clermont Group as it sets sights on building out its international franchise.

/Findex

Sweden's Tink aims for pan-European coverage with €56 million in funding

Swedish PFM platform Tink has completed a a €56 million investment round and rolled its business out to five new European markets as it prepares to take advantage of Open Banking rules.

/startups

Fintech investment hits new highs as market matures

With fintech investment reaching record highs in 2018, the market is poised to enter a maturity phase characterised by a rash of IPOs and M&A consolidation, believes boutique advisor Hampleton Partners.

/Findex

Raisin scores $114 million funding round

Pan-European savings marketplace Raisin has closed a $114 million Series D funding round, earmarking the cash for strategic acquisitions and further international expansion.

/Findex

Big banks back Bud in $20 million funding round

Open Banking outfit Bud has raised $20 million with the support of Goldman Sachs, HSBC, ANZ, Banco Sabadell and Investec, as well as Lord Fink, the former chief executive of hedge fund Man Group, and 9Yards Capital.

/Findex

JPMorgan invests in UK fintech Smart Pension

JPMorgan has taken a minority stake in UK workplace pension provider Smart Pension.

/Findex

Blockchain RegTech startup TRM Labs raises $1.7 million

TRM is a RegTech startup addressing one of the biggest challenges facing the cryptocurrency industry today: compliance.

/Findex

Smart Contract-based derivatives trading platform CloseCross raises $3 million

CloseCross, a multi-party, decentralized derivatives trading platform in beta, has opened its investment round with $3 million USD backed by Amnis Ventures, a privately owned venture fund based in Houston, Texas. The investment puts CloseCross at a post-money valuation of $60 million USD.

/Findex

Japanese brokerage invests £2 million in UK startup Pipster

One of Asia’s leading fintech companies has invested £2 million into the development of a UK-based trading platform, demonstrating confidence in a post-Brexit Britain.

/Findex

IHS Markit invests in Cobalt

IHS Markit has taken a minority stake in blockchain-based post-trade processing network Cobalt, embedding its MarkitSERV operation deeper into currency trading back offices.

/Findex

Petal raises $30m for credit card aimed at unbanked

Petal, a US credit card startup that is ditching traditional credit scores in an effort to sign up young people and the underbanked, has closed a $30 million Series B funding round led by Peter Thiel's Valar Ventures.

/Findex

CULedger raises $10m for DLT-based digital ID system

CULedger, a consortium of American credit unions exploring potential use cases for distributed ledger technology, has hit its $10 million Series A funding round target.

/Findex

Acorns raises $105m; strikes content creation deal with CNBC

Savings and investing app Acorns has raised $105 million in a Series E funding round joined by NBCUniversal that will also see the entertainment giant's business news TV channel CNBC create financial literacy content for the startup.

/Findex

AI-based behavioural analytics firm Featurespace secures £25 million funding

UK-based anti-fraud behavioural analytics firm Featurespace has raised a £25 million funding round led by New York VC Insight Venture Partners and MissionOG.