Finance reporting start-up Abacum gains $25m Series A funding
The company provides a SaaS platform for streamlining reporting and improving forecasting accuracy.
Investment & Funding
Slice hits unicorn status with $220m Series B funding round
Cash injection will be used to further develop its product offerings and hire more staff.
Indian fintech start-up Simpl lands $40m in Series B funding
Fast-growing Indian e-commerce sector is in the company’s sights with its cardless payments offerings.
ICYMI funding round-up: Bunq, Qapita, GajiGesa, Knowledge Bank, Anchor, Goalsetter, & Lamaa
In Case You Missed It (ICYMI) funding round-up for you to get the latest fintech funding news.
Australia’s Mr Yum secures $64m Series A funding
Female-led company is focused on mobile orders and payments in restaurant and hospitality sectors.
The Bank of London launches in UK with $1.1bn valuation
The company received its first bank licence as the sixth principal clearing bank of the UK.
YouTrip plans B2B expansion following $30m Series A
The Singapore-based fintech offers a multi-currency wallet, with a push into the corporate market now planned.
Fundbox closes $100m Series D round to take valuation beyond $1bn
Product expansion, including into payments, is planned for its small business platform.
Money management app Plum raises $24m from investors and crowdfunding
The London-based company plans European expansion and product development.
Digital wealth app Endowus secures $27m in latest funding round
The Singapore start-up gains backing from new and existing investors from across Asia.
Telecoms finance firm Lenderwize completes €100m Series E1 round
International expansion is planned for the niche London-based fintech.
TruePay raises $32m in one of the largest Series A rounds in Brazil
The B2B BNPL fintech says it will invest in team and product development.
UK challenger Allica Bank completes £110m Series B funding round
The cash will go towards enhancing Allica’s proprietary technology and client support.
SME neobank Open launches new embedded finance platform Zwitch
Open says Zwitch has already helped 10 start-ups embed financial services.
Core banking system vendor Thought Machine raises $200m in Series C
Founder and CEO Paul Taylor says Thought Machine was set up to “eradicate legacy technology from the industry”.
BNPL start-up Pace raises $40m in pan-Asian Series A
The Singapore-based company has plans for international expansion.
Dear Luc: When is the best time to go fundraising?
Feeling the pressure seeing all the funding rounds lately for fintechs so early on in development?
Video: fintech news pick of the week – MoonPay, Airwallex & Gemini
Our top pick of news from the world of finance and tech in bitesize video format, every week.
ICYMI funding round-up: Pomelo Pay, Nudge, Recordent, fintus, EarlyBird, WLTH, and Basiq
In Case You Missed It (ICYMI) funding round-up for you to get the latest fintech funding news.
Payhawk raises $112m in second largest B2B Series B in CEE
Funding round takes payments and expenses solution provider to $570m valuation.
Tax automation firm Fonoa raises $25m for international expansion
The Dublin-based company will use the funding to extend country coverage and headcount.
Israeli blockchain firm StarkWare raises $50m in Series C round
Company aims to increase blockchain bandwidth to scale technology for mass use.
Family savings fintech UNest raises $26m in Series B round
Company is one of the few US fintechs with a female founder to gain investor funding to date.
US fintech start-up Settle closes $60m Series B round
The San Francisco-based company has now raised $100m in total funding to date.
8fig raises $50m to reinvent supply chain management for e-commerce sellers
8fig says it’s on a mission to propel 10,000 sellers to eight-figure revenue by 2025.
South African e-payments platform Ozow lands $48m in Series B funding
The paytech says cash will help deepen financial inclusion on the African continent.
UK challenger Bank North goes crowdfunding
The SME focused start-up aims to raise £1 million ahead of its Series B funding round.
MoonPay rides the crypto wave with $555m all-equity Series A round
MoonPay is on a mission to give the next billion people access to the crypto economy by 2030.
Mexican BNPL platform Aplazo completes $27m Series A round
Increase in headcount and Latin American expansion planned.
New fintech start-up Arbo Works gains seed funding ahead of launch
Set up by ex-Google execs earlier this year, the firm is embarking on a major recruitment drive.
Crypto platform Gemini secures $400m in first outside funding round
The new capital injection values the company at $7.1 billion.
$140m Series E funding takes Expel valuation to over $1bn
The US-based detection and response (MDR) provider has secured $258 million in financing to date.
Video: fintech news pick of the week – N26, CaixaBank, Oportun & more
Our top pick of news from the world of finance and tech in bitesize video format, every week.
Fintech funding deals globally 15 November – 21 November 2021
Featuring Gemini, Upgrade, CloudWalk, EasyHealth and Airwallex.
Airwallex adds $100m funding with Series E extension
The new capital injection adds to the firm’s $200m Series E funding.
US credit card fintech Black Opal prepares for full launch
The firm intends to issue credit cards for expats and is seeking funding of $100m.
Fintech start-up Imprint lands £38m in Series A round
Stripe among backers for brand-centric payments player with $53m raised in total to date.
Social investing app Shares hires former Revolut product lead as CPO
Harjas Singh will be based in the company’s London office.
ID platform Alloy selected by LGBTQ+ digital bank Daylight for customer verification
Alloy’s API-based platform will be used to automate the bank’s identity verification process.
Upgrade raises $280m in Series F funding at $6bn valuation
The fintech has raised $600 million in equity capital since inception in 2017.
