Brex unveils corporate card for start-ups
It also now has a total of $57 million in funding.
Investment & Funding
Dunedin invests in payments processor GPS’s £44m funding round
UK private equity firm takes stake in Global Processing Services.
UK’s Department for International Trade aims to boost fintech investment
The department will set out to attract and connect investors.
Nextmarkets lands $6.9m new funding
The Series A takes nextmarkets’ total equity to nearly $14 million.
AlphaPoint raises $15m in Series A funding round
The Series A round was led by Galaxy Digital Ventures.
RBC boss predicts CA$3.2bn tech spend in 2018
There is a focus on reducing operational costs through tech investment.
Famous faces bring funding to US insurtech Ethos
Robert Downey Jr. and Will Smith add a touch of glamour… and money.
Fintech funding round-up: 15 June 2018
USA! USA! Features Strangeworks, Eventador.io, SeriesX, Unchained Capital and ALTR.
UK tech gets £2.5bn injection
Government hopes British Patient Capital programme will be right medicine.
Regtech firm Cappitech caps off first funding round with $4m
The round was led by 83North.
German banking software provider NDGIT raises $4.7m in funding
The funding round was led by Capnamic Ventures.
Luge Capital goes huge with $75m fintech funding
Canadian VC fund looking at fintech, financial services and AI.
Alternative investor DarcMatter and crypto fund #Hashed team up
Alternative investment platform DarcMatter teams with South Korea’s crypto fund #Hashed.
From hype to reality: Switzerland has progressed into a major global fintech hub
Study finds Switzerland has “ideal conditions” for the fintech sector to flourish.
Top fintech stories this week – 8 June 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Alternative lending firm BlueVine lands $60m equity funding
The Series E round brings BlueVine’s total financing to $578 million.
Low-code development platform OutSystems reels in $360m funding
OutSystems’ valuation has now surpassed $1 billion.
Banking Technology June 2018 issue out now
A sublime eternal tune to the rhythms of fintech.
Paytech firm Marqeta raises $45m from Iconiq Capital and Goldman Sachs
Bringing Marqeta’s total funding to $116 million.
UniCredit invests €3.1m in Meniga
The biggest personal finance management (PFM) deal in Europe to date.
Free financial advice service Multiply secures £1.75m investment
Multiply is ready to take off spurred by £1.75m investment.
US mobile banking challenger Chime raises $70m
It also reached over one million bank accounts this month.
Orange and Google looking to fund fintech start-ups
Interested in IoT, cybersecurity, cloud and AI in EMEA.
Top fintech stories this week – 1 June 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
CLS invests in blockchain software firm R3
Market infrastructure group provides financial support.
UK challenger bank Starling seeks £80m funding
Also ends its partnership with TransferWise.
Signifyd lands $100m in Series D funding
E-commerce fraud protection provider Signifyd has more than doubled its financing total.
Goldman Sachs heads $250m funding round in Tradeshift
Firm says its valuation now stands at $1.1 billion.
Digital bank Lidya lands $6.9m funding
The latest round brings the bank’s total funding to $8.2 million.
RPA specialist WorkFusion raises more funding
WorkFusion’s aggregate funding now exceeds $120 million.
Digital money transfer service Azimo raises $20m in funding
Round led by Rakuten Capital.
Allianz leads £40m funding round in Moneyfarm
Takes UK digital wealth manager’s capital to £60m.
China surging in payments technology: lessons for the West
What has driven the explosive growth of Asian paytech from giants such as Ant Financial and Tencent? And what’s next?
BondIT raises $4m in new funding
BondIt’s Series B round led by major investor Fosun Group.
Wealthtech firm WeInvest raises $12.3m, Schroders among investors
The financing comes from angel investors and Schroders.
Tango Card rewarded with $35m funding
Digital Rewards-as-a-Service platform does a merry dance.
US insurtech start-up Bestow raises $15m
Brings Dallas-based firm’s total financing to more than $18 million.
Barclays escapes fraud charges over Qatar capital raising
But UK’s Serious Fraud Office is “likely to seek to re-instate these charges”.
Tax compliance firm Avalara files for IPO
Tax compliance specialist Avalara has big plans.
Fintech funding round-up: 18 May 2018
Stars LendingPoint, Open and The Disruption House.
