Healthcare paytech Paytient lands $40.5m Series B
The round consists of $33m in equity and $7.5m in debt from Silicon Valley Bank.
Investment & Funding
Germany’s Gen Z neobank Ruuky files for insolvency
The neobank has assured customers that all their funds are secured and its app is still “fully accessible”.
SME insurtech Superscript lands £45m Series B
The funding will be used to develop Superscript’s underwriting and broking capabilities.
Africa’s Flutterwave reportedly in bid to acquire British fintech Railsr
An insider reportedly told Sky News that there was “heavy competition for the asset”.
Global fintech funding saw dip in 2022, says Innovate Finance report
The US saw the highest number of fintech funding in 2022 at $39 billion, followed by UK and India.
Indian neobank Jupiter lands $12m in venture debt financing
Jupiter says the funds will go towards scaling up the neobank’s suite of lending products.
KreditBee extends Series D funding round with additional $100m
The news follows KreditBee’s $80 million fundraise as part of its Series D funding round last month.
FinTech Futures: Top five stories of the week – 6 January 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Australian fintech Grapple secures $35m in funding
Sydney’s Grapple landed $35 million in a warehouse debt facility from Global Credit Investments (GCI).
Akulaku secures $200m from Japan’s Mitsubishi UFJ Financial Group
The funding will support Akulaku’s anticipated growth as it looks to provide banking services across Southeast Asia.
Indian fintech start-up SarvaGram bags $35m Series C funding
Founded in 2018, SarvaGram last raised $10 million in a Series B funding round in 2021.
Money View secures $75m Series E funding at $900m valuation
The round was led by Apis Partners, and saw participation from Tiger Global, Winter Capital and Evolvence.
2022: Top five fundraising rounds of the year
FinTech Futures recaps the top five fundraising rounds this year.
UK’s Recognise Bank secures £25m funding from PV27
The fresh funding brings Recognise Bank’s total funding to date to over £95 million.
ICYMI fintech funding round-up: Moneyhub, Kredito, OneBanx and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Ethereum-focused Aztec Network lands $100m Series B
The Series B was led by a16z crypto and saw participation from A Capital, King River, Variant, and others.
Monitoring fintech’s pulse for 2023
Fintech is alive, but there’s no denying it took a hit this year.
South Korean tech firm behind super-app Toss raises $405m Series G funding
Tonic Private Equity led the Series G round along with a number of existing investors.
JP Morgan invests in Indian paytech ISG, buys stake in Viva Wallet
JP Morgan is aiming to enhance digital transactions for its corporate clients in APAC and Europe.
What the FinTech? | S.3 Episode 20 | 2022 in review
In the final episode of the year, we take a look at some of the biggest fintech trends of 2022.
UK fintech Updraft secures £108m debt and equity funding
The money will be used to invest in new products and to support business growth.
Canada’s Plooto secures $20m Series B funding to fuel growth
The start-up offers accounts payable and accounts receivable automation software for SMBs.
Acin lands $24m in Series B funding from global banking heavyweights
The round was led by a consortium comprised of JP Morgan, Citi, BNP Paribas, Barclays and Lloyds.
UK fintech funding round-up: Bondaval, Etrading Software and Taxd
Our weekly round-up to help you get funding news of fintech companies, this time from the UK.
FinTech Futures: Top five stories of the week – 16 December 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
EY launches London-based incubator to boost UK fintech scene
The fintech lab, City AM reports, forms part of EY’s “ambitious plans” to grow its fintech business.
ICYMI fintech funding round-up: Paper.id, Opensee, Nilus and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Visa to invest $1bn in Africa to boost digital transformation
Visa says the move will enable “greater access” to digital payments in the region.
Barclays to invest £500m in climate tech start-ups by 2027
Barclays says it made the decision to boost its investment following “substantial interest and demand”.
Banking Technology Magazine Dec 2022 / Jan 2023 issue out now
Cover story: THE BEST OF BANKING TECH – Winners and pictures from an amazing night.
Dataiku bags $200m Series F funding at $3.7bn valuation
The new investment brings Dataiku’s total capital raised to date to approximately $600 million.
European fintech Novicap bags €200m debt facility from Fasanara Capital
Novicap will use the funding to accelerate its growth, boost its credit portfolio and develop new solutions.
Accounting automation platform Vic.ai bags $52m Series C funding
With the new funding, Vic.ai plans to introduce a host of new features on its platform.
Microsoft buys 4% stake in LSEG, pair to develop data analytics solutions
LSEG has also committed to a $2.8bn cloud-related spend with Microsoft over the life of the 10-year agreement.
French fintech Younited secures €60m in new funding
Younited says it will use the funding to develop its partnership activities and invest in its technology.
Mobility fintech Moove lands $30m to fuel UAE expansion
Moove intends to use the funding to scale to 2,000 EVs in the UAE over the coming year.
FinTech Futures: Top five stories of the week – 9 December 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
TripActions bags $400m in credit facilities to boost expansion
The new credit facilities have been provided by Goldman Sachs Bank USA and Silicon Valley Bank.
North America fintech funding round-up: Syncfy, Totem and more
Our weekly fintech round-up for you to get the latest funding news from across North America.
ICYMI fintech funding round-up: BondIT, Paywatch, 1fs Wealth and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
