Thunes bags $30m from Marshall Wace as part of Series C funding
The funding was disclosed in a recent filing with Singapore’s Accounting and Corporate Regulatory Authority.
The funding was disclosed in a recent filing with Singapore’s Accounting and Corporate Regulatory Authority.
Saudi National Bank was the largest shareholder in Credit Suisse before it was taken over by UBS.
The funding stems from an Advance Investment Agreement (AIA) which eToro entered into in February 2021.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
The latest funding follows the company’s $270 million Series C round held in June last year.
With the new investment, Raisin intends to accelerate its growth in the US.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
ID Finance claims its fundraise is the biggest received by a Spanish fintech in 2023.
Sky News reports founder Jayne-Anne Gadhia is in talks to either raise new funds or potentially sell the business.
Japanese banking giant Mizuho Bank led the funding round, contributing $125 million.
The total funding is made up of a $66 million Series A equity round and a $50 million debt facility.
Seilern will utilise the cloud-native LUSID platform to optimise its investment decision making.
The Series A funding brings the total capital raised by the firm to €28 million.
The Series E values the firm at $11.25 billion, the same as the company’s Series D in May last year.
The fresh funding forms part of PhonePe’s ongoing fundraise of up to $1 billion in capital.
The receivables warehouse facility will help Tamara finance the accelerating demand for its flagship BNPL product.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Parker will invest in its product offering as it aims to expand across the US in 2023.
Our weekly fintech round-up for you to get the latest funding news from around the world.
In March 2021, the fintech landed $600 million in funding, confirming a valuation of $95 billion.
FinTech Futures hears from UK business leaders on how the Spring Budget impacts the fintech sector.
The fresh financing follows a $150 million debt facility from Goldman Sachs in August last year.
The firm has appointed Brad Oberwager as CEO and Catherine Porter as chief business officer.
Despite a “robust and growing” business, Anchorage says the cuts are a necessary part of a “strategic realignment”.
Truzo says it will close its next round of funding in Q2 2023.
The deal will see BaaS and open banking together into an embeddable payment solution for B2B mass payments.
With the new funds, Apexx Global plans to expand further across North America.
The Bank of England facilitated the deal over the weekend, in consultation with the Treasury.
The bank has been granted an Authorised with Restrictions (AwR) licence by the UK’s PRA and FCA.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Our weekly fintech round-up for you to get the latest funding news from around the world.
A handy round-up of the recent funding endeavours of fintech companies across the UK.
CEO Johnny Ayers says the firm plans to invest in “new solutions, verticals, and strategic acquisitions”.
With the new funding, Fynn plans to expand across the US and offer its services to more students.
Accounts will be closed on 6 April 2023, with customers instructed to withdraw all funds before that deadline.
The funding round was led by Altos Ventures, with existing investor Cercano Management also participating.
The fresh funding comes just weeks after the firm’s decision in January to lay off 120 staff.
Founded in 2020 and based in Paris, Aria offers an API-led B2B financing solution.
The round was led by Pivot Investment Partners and UBS via its venture arm UBS Next.
N2F is looking to expand across Europe and will recruit 200 new employees over the next five years.