Singapore pledges $32m to help regtechs take POCs to market
Welcome to “the Valley of the Valuable POCs”, says MAS chief fintech officer
Investment & Funding
Deutsche Börse and Commerzbank team up to support DLT firm 360X
German giants support illiquid assets investment platform.
Fintech funding deals globally 26 April – 2 May 2021
Featuring Brex, Paxos, Vena, Greenlight, and Current.
Video: Top fintech stories this week – 30 April 2021
The FinTech Futures weekly round-up of the industry’s top stories and happenings from across the globe.
UK eco-banking challenger Tred lands £1m in Crowdcube raise
Tred partners with Forest Carbon to deliver on its tree planting promise.
São Paulo fintech brokerage Warren lands $55m led by Singapore’s GIC fund
The fintech intends to use the fresh capital to hire more employees.
Greek fintech Viva Wallet lands $80m from Tencent, EBRD
Viva is in the midst of launching a credit service for merchant customers.
Nymbus lands $20m from Vystar Credit Union for new CUSO
Core banking vendor’s new project wastes no time in landing funding.
Video: fintech news pick of the week – HSBC, 11Onze, UK fintech funding & more
A top pick of stories from the world of finance and tech in video format, weekly.
Greenlight, Step and Current land “kids banking” industry collective $580m
Greenlight, Current, and Step all began with basic card-based offerings.
Blockchain compliance firm Securrency raises $30m in Series B round
The new injection will help Securrency’s expansion in the UAE and the US.
Brex closes $424m Tiger Global-led round at $7.4bn valuation
“We have all types of businesses now signing up for Brex,” says co-CEO.
Clearing start-up Embedded Financial attracts $20m in seed funding
The new firm aims to take a modern approach to clearing.
Mantl closes $40m Series B funding round
The account-opening fintech aims to continue its rapid growth.
Fintech funding deals globally 19-25 April 2021
Featuring Alan, Deel, Chargebee, Classy, and Tamara.
Payhawk closes $20m Series A investment round
The platform has seen rapid growth since its $3.6 million seed round a year ago.
UK fintech industry bounces back with record $2.9bn Q1 investment
2021 starts strong at 153% higher investment than Q4 2020.
ICYMI funding round-up: Percent, Till Financial, Plooto, Nelo & more
More weekly funding deals which may have flown under your radar.
Bux raises $80m to boost European zero commission investing app
The neo-broker targets younger generations with further roll-out of BUX Zero.
Tamara scores MENA’s largest Series A round with $110m investment
The BNPL provider aims to reach all GCC markets by the end of the year.
Deel hits unicorn status with $156m Series C funding round
The global payroll solution is now valued at $1.25 billion.
Currencycloud moves into Asia-Pacific with new Singapore office
Currencycloud’s Asia-Pacific transactions trebled last year.
Video: fintech news pick of the week – Santander, Starling & more
A top pick of stories from the world of finance and tech in video format, weekly.
Welcome Tech raises $35m in Series B funding round
The money will go towards expanding Welcome Tech’s portfolio of financial services.
It’s a matter of comms | Episode 4 | Funding
This week’s #itsamatterofcomms vlog features Hannah Forbes, founder of The Funding Crowd.
Digital Asset lands $120 million in Series D funding round
Digital Asset will use the money to grow its team by 50% this year and enhance its product portfolio.
Nymbus lands $15m fresh investment from Financial Services Capital
Core banking vendor has now landed $31 million from the investor.
Identity verification firm Veriff raises $69m in Series B funding round
Estonian identity firm plans to use cash to expand in the US.
Hospitality payment app Sunday raises record €20m seed round for Europe
The start-up claims to cut the costs for operators to 0.5% per transaction.
Signifyd raises $205m in Series E featuring FIS
Antifraud firm calls 2020 a landmark year in its history.
Low-code start-up FintechOS lands €51m Series B
The round will fund FintechOS’ international expansion beyond the UK and Europe.
Routable raises $30m in Series B funding to boost B2B payments
Seattle fintech nabs bumper round from a handful of angel investors.
Fintech funding deals globally 12-18 April 2021
Featuring Clearcover, Razorpay, The Zebra, Netstars, and Fintern.
UK challenger Starling lands £50m investment from Goldman Sachs
Starling now claiming to hold a 6% share of the UK SME banking market.
Lending start-up Fintern raises £32m in equity and debt funding
UK fintech backed by German institution Varengold Bank
SoftBank in talks to turn Indian payments firm Zeta into a unicorn
If finalised, the investment would come through SoftBank Vision Fund 2.
ICYMI funding round-up: Cardlay, Revix, Numidia, Payable & more
A round-up of the funding you may have missed this week.
Better.com’s CPO accused of bullying days after $500m SoftBank investment
The CPO joined Better in 2017 from Goldman Sachs.
Blockchain firm ConSensys raises $65m from major banks
ConSensys raises cash following company restructure.
Goldman Sachs settles on Birmingham for second major UK office
Goldman says it picked Birmingham because of its talent pool and proximity to London.
