Payroll API fintech Atomic secures $40m Series B funding
Atomic wants customers to be able to invest, save and accrue wealth by “unlocking the power of their paychecks”.
Atomic wants customers to be able to invest, save and accrue wealth by “unlocking the power of their paychecks”.
US-based start-ups Growfin and PTO Exchange raise $1.4 million and $5.4 million, respectively.
M-Kopa will use the new cash to grow its team and expand into additional countries.
Our weekly fintech round-up for you to get the latest funding news.
A handy round-up of the recent funding endeavours of UK-based fintechs.
Zeller says it has signed up more than 10,000 Australian businesses within eight months.
The extension follows an initial $112 million Series B raise three months ago.
UK-based Shares has launched its app to its 60,000 waitlist and the wider market.
Lloyds has also made an equity investment for a minority stake in Bink.
This brings total funds managed by CommerzVentures to €550 million.
Volopay is “building the control centre for modern companies for all their financial management needs”.
“We represent a third wave in database technology,” says CEO Bob Van Luijt.
Tyl by CIBC is a digital-first payment acceptance and merchant services platform for Canadian SMEs.
Niyo CTO says: “We are seeing massive tailwinds for digital financial products since Covid-19.”
Our weekly fintech round-up for you to get the latest funding news.
Zurich-based Squirro has raised $4m in equity funding from capital investment firm BuildGroup.
CEO Alex Mifsud says Weavr shortens the time it takes to launch embedded finance solutions.
OCR Labs has raised $46 million through its combined Series A and B.
Clickatell says chat is the largest digital platform in the world, with 7.7 billion users.
Scalapay has also launched a checkout experience platform for e-commerce called Magic.
Beyond Identity’s total funding to date reaches $205m and propels its valuation to $1.1bn.
The oversubscribed round was led by Africa-focused investment vehicle V8 Capital Partners.
The deal forms part of M-DAQ’s growth strategy as it looks to expand into new international markets.
The total investment to date in the company now stands at $328 million.
The fintech has previously seen investment from the likes of PayPal and Mastercard.
The money will be used to expand across continental Europe and the US.
The Manila-based start-up has now raised around $46 million in total capital.
Featuring Neon, Flutterwave, RapidRatings, Spotter and Genesis.
The start-up intends to add another 100 to 150 employees to its already 150-strong workforce.
ViaBill’s funding round was led by London-based Fasanara Capital.
Denmark-based Ageras is “poised to become one of Europe’s next unicorns”, investors say.
The digital bank will initially cater to the country’s SMEs, with a beta launch expected in Q1 2022.
Akulaku CEO William Li says the companies share a vision for banking that is “expansive and inclusive”.
Our weekly fintech round-up for you to get the latest funding news.
A handy round-up of the recent funding endeavours of three US start-ups in the fintech space.
The start-up has raised $144m in equity, led by SoftBank, and $150m in debt financing.
The UK’s first app-based bank has raised more than £75m in new equity priced at 70p per share.
Flutterwave says it has become the highest-valued African start-up with this investment.
Genesis’ new round of $200 million in financing was led by Tiger Global Management.
Thought Machine’s Vault system will underpin Intesa Sanpaolo’s new digital banking service, Isybank.