FinTech Futures: Top five news stories of the week – 20 December 2024
Our pick of the top fintech news stories this week includes FIS, Tyme Group, Affirm and more.
Investment & Funding
News, intelligence and resources on the global fintech industry including topics such as investment & funding.
ICYMI fintech funding round-up: Sourcefin, Volume, Leap Financial, and Juicyway
A handy round-up of the recent funding endeavours of fintech companies across the globe.
2024 in review: the key fintech trends of the year
FinTech Futures reflects on the key trends and developments that shaped the fintech sector in 2024.
Singapore’s Funding Societies lands $25m investment from Cool Japan Fund
Funding Societies intends to use the funding to “deepen its core business in SME financing”.
Zest AI lands $200m growth investment, eyes “high impact M&A opportunities”
The deal marks Insight Partners’ third and largest investment in Zest AI to date.
US embedded finance fintech Parafin secures $100m in Series C funding round
Parafin’s $100 million Series C was raised at a $750 million valuation.
The What the FinTech? podcast | Season five’s jailed buzzwords
We run down all the buzzwords our podcast guests wanted gone from the industry this year.
UK fintech BVNK secures $50m in Series B funding round
BVNK previously raised $40 million in a Series A round in 2022.
US fintech Current bags $200m in fresh funding
The company says the new funding will help “accelerate growth and fast-track profitability in 2025”.
Tyme Group achieves unicorn status with $250m Series D led by Nubank
Brazilian challenger Nubank contributed $150 million to the funding round.
US BNPL fintech Affirm secures $4bn capital partnership with Sixth Street
The deal is the largest capital commitment Affirm has secured to date.
US TaaS provider Gigs lands $73m Series B led by Ribbit Capital
The company says it will use the capital injection to “expand its geographical footprint”.
Jiko raises $29m Series C, announces new board additions and advisory committee
The funding follows a $40 million Series B led by Red River West in 2022.
ICYMI fintech funding round-up: Brighty, Just, Finny, Prosper, and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Upvest raises €100m Series C for team and product expansion
Upvest previously raised a €42 million Series B in 2022.
India’s Mintifi raises $180m in Series E funding round
With its latest funding, Mintifi’s total capital base has reached over $1 billion.
Quantix secures $500m asset-backed securitisation financing from Citi
Quantix says the financing is “among the largest provided to a UAE fintech company to date”.
Banking Technology Magazine December 2024 / January 2025 issue out now
Cover story: STAR PEOPLE – Banking Tech Awards 2024 revisited.
UK challenger Zopa lands £68 million in equity funding round
The funding follows Zopa’s £75 million raise in 2023.
Cartoon: Numerate
This new cartoon illustrates how the VC industry is moving towards a data-driven approach to making investments.
ICYMI fintech funding round-up: Sandbox Wealth, ThreatFabric, Centrapay, and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
FinTech Futures: Top five news stories of the week – 6 December 2024
Our pick of the top fintech news stories this week includes Citi, Lumin Digital, TSB and more.
Lumin Digital bags $160m in growth equity
The round was led by Light Street Capital, NewView Capital and Partners Group.
Business financial management fintech KPay raises $55m in Series A funding
KPay says the round is the “largest Series A globally in the payments sector in 2024”.
9fin bags $50m in Series B funding round led by Highland Europe
9fin previously raised $23 million in a Series A+ round in 2022.
Mexican fintech start-up R2 secures $50m debt facility and $9m in fresh equity
The equity injection is an extension of the company’s $15 million Series A round from 2022.
Blockchain firm WadzPay secures $36m investment commitment from GEM
WadzPay must be publicly listed for 36 months before the funds can be received.
ICYMI fintech funding round-up: Habitto, Norbr, Tembo, and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
US wealthtech Range lands $28m Series B funding round
The round, which was led by Cathay Innovation, brings Range’s total funding to date to $40 million.
November 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 November.
Deutsche Bank adds $20m to Partior Series B as new strategic investor
Partior has now secured over $80 million through its Series B round.
Crypto wallet start-up Deblock reportedly raises £13.3m in fresh funding
Deblock was founded by former Revolut and Ledger executives in 2022.
Cardless secures $30m funding round led by Activant Capital
The fresh capital brings Cardless’ total equity funding to date to over $90 million since its inception in 2019.
CellPoint Digital bags $30m to fuel development of new payment orchestration platform
CellPoint Digital says the funding will support the launch of its Offer Order Service Delivery platform.
Atome Financial lands $200m credit facility led by HSBC
HSBC led the investment through its ASEAN Growth Fund, supported by DBS Bank, SMBC and Baiduri Bank.
ICYMI fintech funding round-up: Kalder, Pemo, PostSig, StoreCash, and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
FinTech Futures: Top five news stories of the week – 22 November 2024
Our pick of the top fintech news stories this week includes Robinhood, CaixaBank, Nationwide and more.
CaixaBank plans to invest €5bn in technology over the next three years
As part of its strategy, CaixaBank plans to recruit 3,000 young professionals by 2027.
Mexican fintech Minu bags $30m Series B funding
Minu has now raised $47 million in total funding to date.
Chile’s Tanner Servicios Financieros lands $40m IFC investment
Tanner Servicios Financieros is establishing “a fully licensed and regulated commercial bank subsidiary”.
