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Latest Results from /startups

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Ashman wins UK banking licence

Ashman Finance, a startup offering savings accounts to personal customers and lending to SMEs in the commercial real estate property market, has been granted a restricted banking licence by the FCA and Prudential Regulatory Authority.

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Tencent and Block invest in Indonesia's Flip

Indonesian payments platform Flip has raised $55 million in a Series B extension round led by Tencent, with participation from Block.

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Mastercard launches Open Banking Start Path programme

Mastercard is expanding its Start Path startup programme with the introduction of a scheme focused on open banking.

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Mast raises £1.2m for mortgage origination platform

London-based cloud-native mortgage origination platform Mast Technologies has raised £1.2 million in a funding round led by Antler VC.

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France's Green-Got launches green banking app

European sustainable neobank Green-Got has teamed up with climate engagement provider ecolytiq to launch its green banking app.

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Financial management startup Airbank raises $20 million

Airbank, a financial management and account aggregation platform for businesses that launched last year, has raised $20 million in a funding round led by Molten ventures.

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Bits of Stock raises $4.4m

Bits of Stock, a rewards platform that lets shoppers automatically earn fractional shares, has raised $4.4 million in seed funding from Keen Venture Partners and Yellow Accelerator by Snap.

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Mena Banking-as-a-Service player NymCard raises $22.5 million

Abu Dhabi-based banking-as-a-service vendor NymCard has raised $22.5 million in a venture round led by DisruptAD – ADQ’s venture platform, Reciprocal Ventures, and Shorooq Partners

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Fintech Juni raises $206M in equity and debt

Swedish company Juni, a neobank aimed at e-commerce entrepreneurs, has closed on $206 million in Series B and venture debt funding.

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JP Morgan leads $100m funding round for Codat

Codat, an API-based platform for business data sharing, has raised $100 million in a Series C funding round led by JP Morgan Growth Equity Partners.

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HSBC kills off trade platform Serai

HSBC has pulled the plug on Serai, the Hong Kong-based trade platform it launched three years ago, citing a failure to build a commercially viable business.

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Cryptio raises $10m

Cryptio has raised $10 million in Series A funding for its enterprise crypto back-office platform.