US fintech start-up Rainforest lands $20m Series A led by Matrix Partners
Rainforest says it provides embedded payment processing tech “purpose-built for software platforms”.
Investment & Funding
News, intelligence and resources on the global fintech industry including topics such as investment & funding.
US start-up Arrow emerges from stealth aiming to streamline healthcare payments
To support its launch, Arrow raised $110 million in a Series A round in May 2022.
US start-up Payabli raises $20m in Series A funding round led by QED Investors
The payments infrastructure firm will use the new funds to fuel product development and customer acquisition.
FinTech Futures: Top five news stories of the week – 28 June 2024
Our pick of the top fintech news stories this week includes Klarna, iBusiness Funding, Norm Ai, Nubank and more.
June 2024: Top five AI stories of the month
FinTech Futures takes a look back at five of the top AI stories from June.
Climate X completes $18m Series A led by Google Ventures
The UK-based start-up will use the funds to bolster its new commercial team in New York.
ICYMI fintech funding round-up: Ximple, Hero, Curve, Chift and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
June 2024: Top five fintech funding rounds of the month
FinTech Futures takes a look back at five of the top funding rounds to take place over June.
US regtech start-up Norm Ai raises $27m Series A funding
The investment brings the total raised by Norm Ai over the past 11 months to $38 million.
Hong Kong lender FundPark lands £250m facility led by HSBC
The loan increases FundPark’s total funding facility to $750 million.
Italian fintech Banca AideXa secures €16m capital raise
The fresh investment brings the fintech’s total capital raised to date to €96 million.
Verituity secures $18.8m round led by Forgepoint Capital and Sandbox Industries
Sandbox Industries’ chief Chris Zock is to join Verituity’s board of directors.
US start-up Gynger completes $20m Series A and lands $100m debt facility
Gynger’s Series A was spearheaded by PayPal Ventures.
ICYMI fintech funding round-up: Ramify, Hawk, Cadana, Prosper and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Mexican fintech unicorn Clip lands $100m investment
Clip retains its $2 billion valuation following the round.
Zilch lands £100m in securitised debt financing ahead of planned IPO
Zilch is preparing to launch its IPO in the next one to two years.
Finbourne lands £55m Series B from Highland Europe and AXA Venture Partners
The funds are to be put to scaling the firm in APAC, US and Europe.
South Africa’s TymeBank plots $150m Series D round ahead of 2028 IPO
TymeBank expects to complete the round in Q4, with hopes of achieving unicorn status.
ICYMI fintech funding round-up: Layer3, Sidekick, Elevate, Sahl, and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
AccountsIQ secures €60m to embed AI into accounting platform
The company says the investment will be used to “move to the next level of its development”.
AlphaSense acquires rival Tegus for $930m, valuation tops $4bn
AlphaSense has raised $650 million in conjunction with its latest purchase.
Pipe secures new $100m credit facility from Victory Park Capital
Pipe says the facility “has the potential to upsize up to $200 million in the future”.
Interview: Agata Strzelecka, VeloBank – a modern bank with fintech DNA
Agata Strzelecka shares first-hand experience and lessons learnt from transforming a bank and attracting investors.
TXSE Group poised to challenge New York exchanges’ dominance with Texas Stock Exchange launch
TXSE plans to submit a registration with the US Securities and Exchange Commission later this year.
ICYMI fintech funding round-up: Fizz, Torpago, Sibill, WealthOS and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Money20/20 Europe wraps up final day with founders, funding and fintech innovation
Money20/20 Europe leveraged its swan song to highlight a string of progressive initiatives for fintech founders.
Indian fintech Fibe bags $90m in Series E funding round
The investment follows the $110 million raised by the Pune-based firm in its Series D round in 2022.
Nium bags $50m Series E funding as it gears up for potential 2025 IPO
The round values the firm at $1.4 billion, down 30% from its previous valuation of $2 billion in 2022.
FintechOS bags $60m in Series B+ investment round
The start-up claims it is “on track” to achieve break-even in 2024.
US paytech start-up Forward lands $16m seed round
Forward aims to collaborate with SaaS firms to increase their revenue by “two to three times”.
ICYMI fintech funding round-up: Landytech, Frich Money, Swiipr and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
MD Finance report shows fintech companies with the highest chances of funding
Interest in quality companies with robust metrics is still alive and well. Download the free report to learn more.
Swedish climate fintech Doconomy bags €34m in Series B funding
The funds have been earmarked to fuel the company’s expansion in North America.
US fintech Solutions by Text lands $110m in growth financing
The firm claims to be the world’s first “FinText” company.
Business banking start-up Relay raises $32.2m in Bain Capital Ventures-led Series B
The Relay platform is designed to “help small businesses take control of their cash flow”.
May 2024: Top five funding rounds of the month
FinTech Futures takes a look back at five of the top funding rounds to emerge during May.
Remittance start-up Félix Pago bags $15.5m Series A funding
The firm enables Latino workers in the US to send money abroad via WhatsApp.
Climate fintech start-up Cloover secures $114m in seed funding round
The firm says the funding will be used to “enhance our operating system designed for the renewable energy industry”.
Turkey’s Colendi reportedly raises $65m Series B funding led by Citi
According to Bloomberg, the round takes the fintech’s valuation to around $700 million.
FinTech Futures: Top five news stories of the week – 24 May 2024
Our pick of the top fintech news stories this week includes JP Morgan Chase, Citi, BBVA, OpenAI and more.
