UK fintech investment defies global downturn with 24% growth
UK-based fintech firms received $9.1 billion in investment spread across 294 deals in H1 2022.
UK-based fintech firms received $9.1 billion in investment spread across 294 deals in H1 2022.
The key to managing this downturn is to focus entirely on your own circumstances.
The fresh capital takes the company’s total funding to $87 million.
The funding will allow the firm to expand its portfolio of credit products “in a sustainable and balanced way”.
Cash will go towards doubling the company’s headcount and expanding into new markets.
Investors include Morgan Stanley’s Next Level Fund and Mastercard.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Mahalo Banking provides online and mobile banking solutions for credit unions.
The Series B round was led by an undisclosed “global fintech investor”.
The Series D equity raise, led by Exor, represents Europe’s largest proptech financing to date, Casavo says.
The Series B round was led by Google Analytics co-founder Wesley Chan’s new fund FPV Ventures.
The company plans to use the fresh capital to grow its team and extend its product offerings.
The investment brings the company’s total funding raised since its inception in 2017 to $69 million.
The new funds will be used to pursue M&A opportunities.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
A handy Friday funding round-up of US-based fintech start-ups: Finalis, Quiltt and Realfinity.
Our weekly fintech round-up for you to get the latest funding news from around Europe.
The Series A will support the company’s expansion into 19 European markets.
A handy round-up of the recent funding endeavours of fintech companies in the UK.
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The funds will be used to support SaaS start-ups across the US and Europe.
Funds will enable the firm to grow an ecosystem of applications on top of its smart contract account protocol.
Deuna plans to use the funds to expand into Latin America, develop its product and hire new talent.
Funds will be used for product development and expanding across Europe, Asia and the US.
Firm hopes new licence will help diversify its sources of funding and grow its portfolio of credit products.
The firm says it “has not been immune to the significant downdrafts of fintech stock in public markets”.
The new funds will be used to grow its 30-person team and for further product development.
Sonovate says the deal will enable it to lend over £1.3 billion in invoices “this year alone”.
A handy round-up of the recent funding endeavours of fintech companies across the world.
A handy round-up of the recent funding endeavours of fintech companies across Europe.
Our weekly round-up for you to get the latest fintech funding news from the US.
Lucinity says the funding will help expand its customer base, partner network and product offering.
Start-up says the funding will support expansion into Saudi Arabia, Pakistan, Ghana and Egypt.
The new capital takes Tesorio’s total funding raised to date to $37.6 million.
BII is the new name of CDC Group, the UK government’s development finance institution.
The new cash injection takes the firm’s total capital raised to £68 million.
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Since launching in January 2022, the company has now raised $40 million in total capital.
The new investment brings GetVantage’s total funding to date to $41 million.
Here’s our pick of five of the top news stories from the world of finance and tech this week.