SME-focused Bank North granted UK banking licence
Bank North aims to support businesses through its cloud banking technology.
Investment & Funding
Ramp hits $3.9bn valuation with $300m Series C funding round
The start-up has also agreed a deal to acquire “negotiation-as-a-service” platform Buyer.
Blockchain start-up XREX lands $17m funding to expand global footprint
The fintech’s global investors include major banks and venture capital firms.
WorldRemit Group rebrands as Zepz, raises $292m Series E funding
The London-based company says the new injection takes its valuation up to $5 billion.
Real estate fintech Reali raises $250m funding
The California-based firm will use the funds for national expansion and product development.
Trading technology firm DriveWealth secures $450m Series D funding
Fintech will use the funds for continued product and service expansion and additional hires.
German fintech Moss lands $29m funding in Series A extension
Start-up claims the latest injection boosts its valuation up to $264 million.
Fintech funding deals globally 16 August – 22 August 2021
Featuring DriveWealth, Sightline Payments, Bitpanda, PalmPay and Reali.
Wealth management start-up Smallcase raises $40m in Series C funding
The round included participation from e-commerce giant Amazon.
Video: fintech news pick of the week – Goldman Sachs, Paysafe, HSBC & more
Our top pick of news from the world of finance and tech in bitesize video format, every week.
Sightline Payments becomes Nevada unicorn with $244m raise
Sightline closed an earlier $100 million funding round in April.
CloudPay secures $58m investment to expand payroll solutions
CloudPay aims to consolidate employee pay processes through a single platform.
Bitpanda valued at $4.1bn after $263m Series C raise
Austrian firm has now raised around $546 million in total funding.
US fintech One lands $40m in Series B funding
Start-up aims to bring “all-in-one banking” to middle-class Americans.
Dear Luc: Should I use influencers to target Gen Z?
This week someone asks: we’re targeting Gen Z, how can we utilise our spend on marketing and influencers?
Plaid announces Series D extension featuring AmEx and JP Morgan
CEO Zach Perret says its new backers are “storied companies”.
Branch raises $48m Series B to serve independent contractors
Payments firm provides instant access to wages and a zero-fee bank account.
Travel fintech Hopper raises $175m in Series G round
The new funding will go towards growth on “several fronts”.
Blockchain security start-up CertiK lands $24m in Series B extension
The “Series B+” investment comes just one month after the firm’s $37 million Series B round.
M-DAQ lands $145m Series D funding from Affinity
The investment sees Affinity take a joint controlling stake in the company.
Chime secures $750m funding to reach $25bn valuation
The San Francisco-based firm has now raised over $2 billion in total funding.
Ualá hits $2.45bn valuation with $350m Series D round
Fintech start-up claims the funding is a record investment for an Argentine company.
Fintech funding deals globally 9 August – 15 August 2021
Featuring Carta, Uala, FalconX, M-DAQ and TaxBit.
CoinDCX lands $90m Series C funding to become India’s first crypto unicorn
The round was led by Facebook co-founder Eduardo Saverin’s B Capital Group and returning investors.
Video: fintech news pick of the week – Western Union, Dataiku and Razer
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
FinTech Futures Jobs: Three really exciting jobs to apply for this week
Exciting vacancies at OakNorth, Checkout.com and Deloitte. Apply today!
ICYMI funding round-up: Sarwa, Salad, Grip, Keebo & more
Another collection of funding rounds and raises from all over the world you might have missed this week.
US neobank Upgrade secures $105m Series E funding round
The new funding round values the firm at more than $3.3 billion.
Canadian fintech FreshBooks reaches $1bn valuation with latest funding
Firm secures $80.75 million in Series E funding and $50 million in debt financing.
Digital assets platform FalconX hits $3.75bn valuation with $210m Series C round
The California-based firm plans further growth and strategic acquisitions.
AI firm Dataiku lands $400m in Series E funding round
The new investment takes its valuation up to $4.6 billion.
DueDil to merge with Artesian Solutions due to “lack of funding”
Reports indicate DueDil shareholders won’t get a return on investment.
Kroo nets £17.7m Series A funding to build new digital bank
Neobank hopeful aims to secure a full banking licence ahead of a planned launch in 2022.
Cartoon: The many faces of VC
This week’s cartoon illustrates the different career stages of venture capitalists.
Video: fintech news pick of the week – BharatPe, Apple and BigPay
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
Malaysian challenger BigPay raises $100m to fund Asian expansion
BigPay is the fintech unit of Malaysian budget airline AirAsia Group.
Identity verification firm SentiLink lands $70m Series B funding
San Francisco-based firm plans to build out its product suite and expand its team.
Fintech funding deals globally 2 August – 8 August 2021
Featuring Rapyd, Human Interest, Unico, Matrixport and Kuda.
Fintech start-up Zeni secures $34m Series B investment
California-based fintech will use the new financing to invest in growth and new hires.
Indian challenger bank Jupiter lands $45m Series B funding co-led by Nubank
The start-up has now raised around $71 million in total.
