Brex raising at $8bn valuation following banking licence application
Tiger Global Management is reportedly backing the round.
Tiger Global Management is reportedly backing the round.
Part of its goal with the new capital involves building out a Black business marketplace.
“This is very personal for me as a founder of colour,” says Finix founder.
Three UK banking services start-ups have landed investment recently.
FinTech Futures’ weekly news round-up.
The bank has raised £429 million to date from eight funding rounds.
Ferdinand joins as a shareholder in the cross-border currency firm.
We highlight a series of funding rounds that may have passed you by.
To mitigate the risks posed to UK fintechs, the report lists a number of recommendations.
Petal has closed $440 million in debt and raised $100 million in equity.
TymeBank looks to expand beyond its South African headquarters.
The fintech’s $75 million raise marks its first funding round since 2017.
Featuring Public, Webull, Blockchain, GoCardless, and Personetics.
A round-up of some of the recent investments in fintech, paytech and tax tech firms.
Westbrook also joins the bank as an advisor on communities of colour.
FinTech Futures’ weekly news round-up.
A trio of funding rounds that may have passed you by last week.
It intends to raise the funds from growth investment firms.
The $115 billion figure is more than threefold its $36 billion valuation.
It claims to tackle the shortage of developers across 22 industries.
Banking software firm picks up minority stake in SaaS fintech.
Data analytics and customer engagement firm plans expansion with new funding.
The first stop along the way is a new product launch in Norway.
Public.com – as on 1 February – decided to stop making profits from payment for order flows.
The fintech anticipates year-over-year growth of around 88%.
Featuring Fraction, BharatPe, Agibank, Monzo, and Coinsquare.
SoLo brought in $12m, which includes a $2.8m seed round and a series of convertible notes.
Nymbus is gearing up to launch “Nymbus Labs”.
“It makes a big difference when you see someone like you on a platform.”
The banks will have access to a dedicated Wells Fargo relationship team.
FinTech Futures’ weekly news round-up.
The undisclosed amount of funding will help the paytech scale.
The fund will invest in high-growth potential start-ups to scale up across the continent.
It initially launched its platform publicly late last year after raising $1.5 million in funding.
We round up some of the funding rounds that may have slipped you by.
A report says Klarna is currently working on a half a billion new share issue.
Currently, the start-up makes money on partial interchange fees.
Findr was launched at the end of October 2020 by resident FinTech Futures expert, Greg Watts.
UK scale-up has taken 25% stake with a view to nabbing 80% soon.
Spanish banking giant ditches Finnish business bank, sells back to founder