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/startups

E-commerce API Rutter raises $27 million

Rutter’s mission is to enable new commerce experiences.

/startups

Insurtech Igloo raises $19 million; appoints new CEO

Regional insurtech firm, Igloo, today announced the promotion of Raunak Mehta, previously Chief Commercial Officer as its new Co-founder and Chief Executive Officer (CEO).

London Stock Exchange enters private markets with investment in Floww

/markets

London Stock Exchange enters private markets with investment in Floww

The London Stock Exchange Group (LSEG) has announced a strategic investment and long-term partnership with Floww, a platform that connects investors with private companies.

/startups

Gretel raises $1 million to help reconnect customers with lost assets

Gretel, an award-winning fintech which enables financial organisations to quickly and easily reconnect their customers with lost insurance products, bank accounts, pensions, savings and other investments, announced today it has raised $1 million in pre-seed funding led by Insurtech Gateway and RLC Ventures, along with a number of other strategic angel investors.

/regulation

Encompass Corporation raises £25m in funding

Encompass Corporation, the provider of intelligently automated Know Your Customer (KYC) solutions, today announced the completion of a successful capital raise of £25M.

/retail

Marlette raises $225 million

Best Egg, the machine learning powered, online credit and financial wellness platform that is owned and operated by Marlette Holdings, Inc, announced today that it has secured $225 million in committed preferred equity capital.

/startups

Accounts payable startup Glean AI raises $10.8 million in seed financing

Glean AI, the intelligent accounts payable company, announced today that it has raised $10.8 million in seed financing from Contour Venture Partners (lead investor), Amex Ventures, Infinity Ventures, B Capital Group, Portage Ventures, Parameter Ventures, and several other prominent venture funds and angel investors.

Nordic neobank Lunar snags €70 million in fresh funding

/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.

/payments

Branch closes $75 million Series C

Branch, a leading workforce payments platform, today announced it has closed a Series C funding round totaling $75 million.

/startups

Kolleno raises £4M seed to help businesses solve cash flow struggles

Kolleno, a London-based fintech start-up specializing in Accounts Receivable (AR) management for SMEs, has attracted £4M ($5.4M) in seed funding led by Eurazeo and Stride.VC, with participation from Euler Hermes, HubSpot and several angel investors including Michael Pennington, Mark Ransford, and Will Neale.

/startups

Fintech startup Money View raises $75 million in series D funding

Bengaluru headquartered fintech platform Money View has raised $75 million in their series D funding from Tiger Global, Winter Capital, Evolvence India, Accel along with other investors including South Park Commons, Trusted Insight and Dream Incubator.

Lendable raises £210 million at £3.5 billion valuation

/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.

/people

Cardlay secures $6 million capital injection; appoints new IT director

The Danish fintech company Cardlay has received a capital injection of 6 million USD (DKK 40 million) and simultaneously attracted one of Europe's best IT directors.

Lloyds Bank invests £5 million in working capital platform Satago

/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.

Atlantic Money moves out of stealth to take on Wise

/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.

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

/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.

Stax reaches unicorn status on $245 million equity raise

/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.

/regulation

Tintra secures additional investment under $10 million funding round

Tintra PLC has secured a subscription for an additional $250,000 investment under its current $10 million funding round, to help drive its next stage of strategic growth and advance its RegTech business unit.

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

/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.

/payments

Payroll API Atomic secures $40 million

Atomic, the market leading provider of payroll connectivity solutions, today announced that it has raised a preemptive $40 million Series B funding round.

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