Better.com’s CPO accused of bullying days after $500m SoftBank investment
The CPO joined Better in 2017 from Goldman Sachs.
Investment & Funding
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.
Auxmoney secures €250m in debt financing from Citi and Chenavari
New round tips total raised by auxmoney above $3 billion.
Modulr lands undisclosed investment from FIS Ventures
“Modulr lowers the barriers to bringing payments into a platform”.
Nigerian fintech Appzone lands $10m for pan-African digital core banking solution
The Series A round was led by CardinalStone Capital Advisers.
Fintech funding deals globally 5-11 April 2021
Featuring CRED, OneStream Software, Loopio, Patreon, and Ramp.
Video: Top fintech stories this week – 9 April 2021
Featuring Clubhouse, Stripe, Harlem Capital, Paymob, and WorldRemit founder.
ICYMI funding round-up: FinanZero, Hala, Spoko, Cornerstone & more
Another week and another slew of funding rounds.
Egyptian fintech Paymob lands country a record $18.5m Series A
The Series A followed a $350,000 seed raise in 2019.
Swiss neobank Alpian lands $18m Series B ahead of 2021 launch
The raise comes less than a year after its Series A.
What the Fintech? | S.2 Episode 8 | Bank branches amid COVID-19
Leena Iyar, chief branding officer at Moxtra, joins us on this latest episode.
UK fintech TrueLayer lands $70m Series D led by NY investor Addition
TrueLayer claims payment volumes have grown by 600 times in the last 12 months.
Plaid announces $425m Series D with three new investors
“Mobile banking is no longer the realm of start-ups”.
Harlem Capital raises $134 million for its second fund
Harlem Capital Partners Venture Fund II was oversubscribed from its target of $100m.
WorldRemit founder Ismail Ahmed launches $500m Somaliland fund
WorldRemit’s first market was Somaliland.
Airtel Africa sells 25% stake in mobile money arm to Mastercard for $100m
Airtel Africa hopes to list the mobile money business as a separate entity.
Fintech funding deals globally 29 March – 4 April 2021
Featuring HighRadius, Next Insurance, dLocal, Pipe Dream Technologies, and Paidy.
ICYMI funding round-up: Butter, Spiral, SadaPay, OVEX, Ensemble & more
We’ve put together an “In Case You Missed It” (ICYMI) funding list.
Top 10 funding rounds in Q1 2021
The first quarter of 2021 has seen a handful of big rounds.
Paysafe goes public via Spac merger
Shares of Foley Trasimene Acquisition Corp. II moved 5.77% higher Monday to $15.39.
Ripple snaps up 40% stake in Asian cross-border payments firm Tranglo
Tranglo’s global network spans more than 100 countries.
UK gold wallet Glint goes crowdfunding with £6m “hard cap”
The start-up is raising to fuel its “growth phase”.
Jakarta wealthtech Pluang raises $20m in pre-Series B funding
Pluang wants to extend investment to poorer households in Indonesia.
Pilot lands unicorn valuation from boosted Series C round
Pilot has landed a $1.2 billion valuation.
Fintech funding deals globally 22-28 March 2021
Featuring Dataminr, Blockchain, Feedzai, Jumio, and Pie Insurance.
SEC launches voluntary inquiry into US Spac craze
This year alone has birthed eight lawsuits against US Spac deals.
Spac led by ex-Commerzbank CEO trading on Amsterdam’s Euronext
The blank-check firm has already sold 41.5 million shares at €10 each.
Video: Top fintech stories this week – 26 March 2021
FinTech Futures’ weekly news round-up.
ICYMI funding round-up: Meniga, Recharge.com, Hala, Zaver & more
Plenty of deals this week to be summarised by FinTech Futures.
Major US banks invest $40m in Black-owned challenger Greenwood
Backers include JP Morgan Chase, Citi, and Bank of America.
PPRO boosts unicorn round up to $270m with JP Morgan
PPRO says it doubled its transaction volumes over 2020.
Aussie fintech Airwallex lands $2.6bn valuation with $100m raise
Airwallex is currently expanding into Asia, the UK, and – most recently – the US.
Indian fintech lender KreditBee boosts record Series C with extra $70m
KreditBee’s fresh funding also saw the exit of Finnov’s Chinese investors.
Jumio raises $150m in private equity investment
Firm lands “largest funding round” of the digital identity space.
Zopa raises £20m from internal funding round
The round was led by IAG Silverstripe and featured existing investors.
Freetrade raising £50m Series B for European expansion
Customers have been waiting years for European expansion.
Fintech funding deals globally 15-21 March 2021
Featuring SumUp, eToro, Plaid, SecurityScorecard, and Coalition.
People, not technology, are leading the new fund administration revolution
Asset managers will continue to value people who understand and address their needs.
Nigerian challenger Kuda Bank raises $25m in Series A funding
Neobank nabs more funding just four months after last round.
