ICYMI fintech funding round-up: Fuze, Enigio, DKK Partners and more
Our weekly fintech round-up for you to get the latest funding news from around the world.
Investment & Funding
Financial super-app Curve bags additional £58m in Series C extension
The additional cash brings Curve’s total Series C funding to over £133 million.
UK SME lender Fleximize secures £136m financing from Goldman Sachs and Citi
The financing will be used to redeem existing debt, expand lending operations and accelerate Fleximize’s growth.
Sibos 2023: Mapping the Canadian fintech story
With Sibos 2023 taking place in Toronto, Canada, we take a look at the country’s growing fintech scene.
UK alternative lender ThinCats secures nearly £700m in funding facility
The new facility will help ThinCats support lending of up to £696 million to mid-sized businesses in the UK.
Flex secures $20m in equity and $100m in debt funding as part of Series A round
Along with the funding, Flex has also launched its finance app catering to underserved small business owners.
Indian fintech Perfios secures $229m in Series D funding round
The funding came from Kedaara Capital, and existing backers Warburg Pincus and Bessemer Venture Partners.
FinTech Futures: Top five stories of the week – 15 September 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
ICYMI fintech funding round-up: Fipto, Form3, Immix, Emata & more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
TPG agrees to invest $336m in data management platform Denodo
Denodo intends to leverage the funding and TPG’s “deep experience” to expand globally.
BaaS fintech Swan plans European expansion with €37m Series B
France-based Swan will be launching in the Netherlands and Italy.
Enterprise fintech Treasury4 closes Series A at $20m
The money will be spent on the development of Treasury4’s Entity4 and Cash4 solutions and also partnerships.
UK challenger Kroo looks to raise £70m Series C as it takes on banking transparency
Kroo is looking to family offices, institutional investors, VCs and private equity in the UK, US and Europe.
Amplifi Capital lands £100m securitisation warehouse with NatWest for Reevo Money expansion
Amplifi Capital previously received £50 million in debt funding from M&G back in June.
Risk management platform Certa’s twice-oversubscribed Series B raises $35m
The round was led by Fin Capital and Vertex Ventures Southeast Asia and India.
US fintech Ampla secures $258m credit facility with Goldman Sachs and Atalaya
Ampla connects consumer brands with embedded banking, bill pay, growth capital and corporate card solutions.
UK challenger Zopa looks to accelerate growth with £75m funding
This latest funding brings the total amount of capital raised by the bank to £530 million.
ICYMI fintech funding round-up: GenTwo, Momnt, myZoi, Treyd, Firstcard & more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Irish lender Wayflyer lands $1bn financing deal with Neuberger Berman
Wayflyer plans to deploy the capital to its 3,000 global e-commerce clients.
Emirates NBD makes strategic investment in trade finance tech firm Komgo
The strategic equity investment was made through Emirates NBD’s Innovation Fund.
Israel’s ThetaRay secures $57m to accelerate global expansion
With the fresh investment, ThetaRay plans on expediting its international expansion “across continents”.
What no one will tell you about raising VC funding for your start-up
Fundraising is a mix of understanding investor psychology and positioning your start-up to capture the narrative.
ICYMI fintech funding round-up: CredRight, MFast, Maly and OneID
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Banking Technology Magazine September 2023 issue out now
Cover story: WINDS OF CHANGE – Squaring the circle on climate change.
German payments start-up Ivy secures $20m in Series A funding round
The Valar Ventures-led Series A comes just weeks after a €7.7 million seed funding round led by Creandum.
JP Morgan Chase increases stake in Brazilian digital bank C6 to 46%
The US bank first bought a stake in C6 in June 2021.
MoonPay creates new venture division to fund early-stage start-ups
MoonPay Ventures will focus on early-stage fintechs and Web3-focused start-ups.
Lighter Capital secures $130m in funding facilities to fuel revenue-based financing for tech firms
Lighter Capital is aiming to fund “hundreds” of early-stage technology companies.
Video: How fintech is transforming the private equity and private credit markets
We ask Arbour Partners CEO James Newsome how fintech has impacted the private equity and private credit landscape.
FinTech Futures: Top five stories of the week – 25 August 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
ICYMI fintech funding round-up: Zanifu, Koverly, Micronotes & more
Our weekly fintech round-up for you to get the latest funding news from around the world.
LemFi bags $33m in Series A funding round to fuel global expansion
LemFi was founded in 2020 to provide immigrants with better access to financial services.
Cambridge & Counties Bank secures £20m Tier 2 facility from British Business Investments
With the fresh facility, Cambridge & Counties Bank aims to increase its volume of lending to small businesses.
Citi debuts first LatAm fintech investment with stake in Peruvian FX platform Rextie
Rextie becomes Latin America’s first FX fintech to receive an investment from Citi.
EIF provides Lithuania’s SME Finance with €40m to fund small business lending
SME Finance CEO says the agreement with EIF allows it to offer financing to businesses “on significantly better terms”.
KPMG data shows steep drop in Canadian fintech funding in H1 2023
H1 2023 investment activity totalled $353.7m across 57 deals, down from $1.09 billion across 87 deals in H2 2022.
US fintech Ramp secures $300m Series D funding at reduced valuation
The firm’s new $5.8bn valuation represents a 28% drop from its $8.1bn valuation back in March 2022.
Video: Which areas of fintech are most at risk in the current economic climate?
We ask three veteran investors which areas of fintech are currently most vulnerable.
Brazilian fintech Nomad secures $61m in fresh funding
The funding was led by Tiger Global Management, with participation from existing investors
Cynergy Bank lands £20m funding from British Business Investments
The bank plans to facilitate more than £250m in new-to-bank lending across the SME and property sectors.
