Deutsche Bank buys minority stake in Traxpay
Deutsche wants more European banks to invest in the platform.
Deutsche wants more European banks to invest in the platform.
The firm says it’s seen a 43% uplift in its value since May 2019.
It brings the firm’s Series B round to $125 million.
Some £12 million of its Series A counts for equity, whilst the rest is debt.
FinTech Futures’ weekly news round-up.
The start-up says it has more than $2 billion under management on its platform.
The anti-fraud AI firm has raised $90m to date.
The fresh capital adds to an extended $11 million Series A raise.
Bueno promises a range of services to manage second homes.
The UK bank is acquiring an undisclosed minority equity stake in Form3.
The fintech plans to boost the deployment of its TWINNTM system.
The Palo Alto, California-based start-up is valued in the investment at $1.5 billion.
To date, Plum has raised $19.3 million.
Last year, Orient Bank reported a net loss equivalent to $284,374.
Policybazaar expects to return to profitability by the end of this year.
Moneybox has raised £50 million since 2016.
The start-up has issued around five million virtual card numbers.
Investor Standard Chartered says “digital assets are here to stay”.
Seven social investors took part.
Bond’s offering is based on “developer-focused” applications.
Its Series F stands at $600 million.
The start-up still needs to close $5 million.
Chinese commercial bank buoyed by good 2019 results.
The Oakland, California firm is tapping up investment banks.
The start-up is applying for a UK banking licence.
It aims to increase the proportion of non-white executive hires to 30% from 20%.
The finding could peg Taulia’s valuation at $400m.
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“The point is you don’t double capacity suddenly, it doesn’t help,” says CEO Yashish Dahiya.
The fintech said the BBLS “doesn’t meet the requirements” of prospective investors.
The fintech landed €2.2 million in seed funding last month.
Square is $20 billion away from matching Goldman Sachs’ market valuation.
The fintech is moving into wealth and expanding to the US.
The financing round adds to the fintech’s Series B in March.
The fintech has worked with Mastercard since 2011.
SoftBank now holds more than a 15% stake.
Intriva has bought 100% of Lending Work’s equity for an undisclosed price.
The UK challenger bank was awarded £100m last year.
FinTech Futures’ weekly news round-up.