Latest Findex News: Finextra Research

Open Banking platform Tink raises EUR90 million

Swedish Open Banking platform Tink has closed a EUR90 million investment round at a post-money valuation of EUR415 million to supports its continued expansion across Europe.

20 January 2020

News/startups

Australian neobank Volt makes seamless move from Series C to Series D ahead of planned IPO

With its sights set on an IPO later this year, Australian neobank Volt has closed a $70m Series C round and is now opening up a $50m Series D on a $285m valuation.

20 January 2020

News/Findex

Revolut raise set to value business at $5 billion

UK-based Revolut is on course to achieve a $5 billion valuation during an upcoming funding round, according to documents from lead investor Technology Crossover ventures (TCV)

17 January 2020

Company update/startups

FastPAYE attracts investment and launches in ‘wage-on-demand’ marketplace

A new wage app designed to serve modern workforces has launched following high-profile investment in its first round of fundraising.

16 January 2020

News/Findex

Polish banks band together to invest in digital signature fintech Autenti

Alior Bank, BNP Paribas and PKO Bank Polski – banks representing approximately 30 per cent of assets in the Polish banking sector – have invested together in Autenti, a Polish fintech which offers a platform for electronic signing and digital document workflow.

16 January 2020

News/Findex

Australian lender Wisr raises $35 million

ASX-listed marketplace lender Wisr has raised $35 million via a placement of approximately 181 million ordinary shares.

16 January 2020

News/startups

Days after Plaid acquisition, Visa splashes the cash again

Days after splashing out $5.3 billion to acquire data sharing startup Plaid, Visa has opened its wallet again to invest an undisclosed sum in data security outfit Very Good Security.

16 January 2020

Company update/crypto

Fiat-to-crypto gateway Banxa raises $2 million

Banxa, a full-service, internationally compliant digital banking infrastructure provider, announced its $2 million USD investment Series A round.

15 January 2020

News/markets

Digital asset startup iStox raises $5 million ahead of live launch

Singapore-based digital asset trading and custody startup iStox has raised $5 million from South Korea's Hanwha Asset Management.

14 January 2020

Company update/markets

Capital and crypto markets tech provider AlgoTrader raises EUR3 million

AlgoTrader AG, a leading Swiss platform services provider for fully-integrated and automated quantitative trading and trade execution, for both traditional and digital assets, has completed a new round of financing from institutional growth investors.

09 January 2020

Company update/Findex

Beeks Financial Cloud scoops £2 million R&D grant from Scottish Enterprise

Beeks Financial Cloud Group Plc (AIM: BKS), the Glasgow-based leading cloud computing and connectivity provider for financial markets, is pleased to announce it has received a Scottish Enterprise R&D grant to invest in its Network Automation project.

08 January 2020

Company update/Findex

KogoPay raises an initial £200,000 on Crowdcube at a £10m valuation

KogoPAY, the socially conscious mobile payments Fintech start-up, is delighted to announce that we have successfully raised an initial £200,000 on Crowdcube.com, hitting 102% of the target at a £10m valuation.

07 January 2020

Company update/markets

Options secures investment from Abry Partners

Options, the leading provider of cloud-enabled managed services to the global capital markets, today announced a significant growth investment by Abry Partners, a Boston-based sector focused private equity firm.

07 January 2020

Company update/Findex

Blockchain startup Securrency raises $17.65 million Series A

Securrency, Inc., a leading developer of institutional-grade blockchain-based financial and regulatory technology, today announced Series A funding of $17.65 million from a leading financial services company, and venture firms focused on financial market infrastructure technology.

07 January 2020

News/Findex

ING spins out bond analytics fintech Katana

ING is to spin out bond analytics platform Katana, the latest graduate from the Dutch bank's fintech incubation labs.

07 January 2020

Company update/security

TypingDNA raises $7M Series A

Behavioral-biometrics company TypingDNA announces today that it raised a $7 million Series A round led by Gradient Ventures, Google’s AI-focused venture fund.

06 January 2020

Company update/sustainable

Sustainable finance startup MioTech closes Series A funding round

MioTech announced today that it has closed its Series A+ funding round led by existing investor Horizons Ventures, the private investment arm of Mr. Li Ka-shing.

06 January 2020

News/Findex

SME lending challenger B-North completes £2 million crowd raise

B-North, the Manchester-based firm building an SME lending bank for the UK, has secured £2 million of financing from crowdfunding platforms Crowdcube and Growthfunders, adding to the £4.2 million it has raised in previous rounds.

02 January 2020

Company update/Findex

Omnio raises EUR 15m through a private placement

OMNIONE S.A. ("Omnio" or the "Company") is pleased to announce the first close of a private placement, successfully raising gross proceeds of EUR 15m by issuing 23,077 shares at a subscription price of EUR 650 per Offer Share.

30 December 2019

News/Findex

Ripple secures $200 million in new funding

Payments disruptor Ripple has scored $200 million in Series C financing, in a round led by Tetragon with participation from SBI Holdings and Route 66 Ventures.

20 December 2019