Thought Machine to hit unicorn status with £150m funding round
Core banking vendor expecting mammoth capital raise this month.
Core banking vendor expecting mammoth capital raise this month.
Our top pick of news from the world of finance and tech in bitesize video format, every week.
Another collection of funding rounds and raises from all over the world you might have missed this week.
Data and AI firm plans to turbocharge adoption of its ‘lakehouse’ data management architecture.
The state-owned policy bank aims to level up UK infrastructure through targeted green investments.
The minority stake investment will expand IKEA’s financing offering in-store and online.
The Israeli fintech says it meets the accounting needs of decentralised and fragmented global enterprise.
The bank says becoming a limited partner in the firms will enhance its fintech offerings.
The round marks the bootstrapped company’s first venture capital raise.
Featuring OPay, Ramp, Zepz, Ekuaibao and Cora.
The firm has now raised more than $150 million in total capital.
Brazilian challenger wants to smash the valuation of it’s largest legacy rival, Itau.
New investment follows the company’s $12 million Series A round in February.
Our top pick of news from the world of finance and tech in bitesize video format, every week.
Another collection of funding rounds and raises from all over the world you might have missed this week.
Growth capital worth $30m will help expand the fintech’s US footprint.
US firm says its payments platform will help improve the online checkout experience.
The Nigerian start-up says the new investment takes its valuation up to $2 billion.
The venture capital firm’s total AUM now exceeds $500 million.
Bank North aims to support businesses through its cloud banking technology.
The start-up has also agreed a deal to acquire “negotiation-as-a-service” platform Buyer.
The fintech’s global investors include major banks and venture capital firms.
The London-based company says the new injection takes its valuation up to $5 billion.
The California-based firm will use the funds for national expansion and product development.
Fintech will use the funds for continued product and service expansion and additional hires.
Start-up claims the latest injection boosts its valuation up to $264 million.
Featuring DriveWealth, Sightline Payments, Bitpanda, PalmPay and Reali.
The round included participation from e-commerce giant Amazon.
Our top pick of news from the world of finance and tech in bitesize video format, every week.
Sightline closed an earlier $100 million funding round in April.
CloudPay aims to consolidate employee pay processes through a single platform.
Austrian firm has now raised around $546 million in total funding.
Start-up aims to bring “all-in-one banking” to middle-class Americans.
This week someone asks: we’re targeting Gen Z, how can we utilise our spend on marketing and influencers?
CEO Zach Perret says its new backers are “storied companies”.
Payments firm provides instant access to wages and a zero-fee bank account.
The new funding will go towards growth on “several fronts”.
The “Series B+” investment comes just one month after the firm’s $37 million Series B round.
The investment sees Affinity take a joint controlling stake in the company.
The San Francisco-based firm has now raised over $2 billion in total funding.