Fintech funding round-up: 18 January 2018
Featuring BB&T Corporation, Solgari and Tinkoff Bank.
Investment & Funding
Interview: Dmitry Leus, Imperium Investments – how to protect money?
Reading smart books and applying other successful investment strategies will not lead to success.
Standard Chartered creates fintech investment unit
New adventures beckon as SC Ventures plans to invest in fintechs and other start-ups.
AI firm Savedroid launches ICO
German AI savings technology firm looks to raise capital – both crypto and conventional.
Turkey: the next cashless society
Turkey is perfectly placed to become the world’s next cashless society – a true digital payment powerhouse.
Fintech funding round-up: 12 January 2018
Features Ladder, Petal, Fisco, Equitise and Xinja.
Fintech funding round-up: 10 January 2018
Starring Mylo Financial Technologies, Goji and Collibra.
Alkami scores $70m in Series D funding
Takes Alkami’s total capital to more than $116 million. Woo! Yeah!
Fintech funding round-up: 8 January 2018
Features IBM, Comcast, MState, Early Salary, Previse and Dinghy.
Funding Circle eyeing £1bn IPO
The firm is preparing to go public and plans to have advisors put in place to oversee.
Wealthfront rakes in $75m
The financing was led by Tiger Global Management with participation from existing investors.
Failed fundraiser closes the folio on Folio
Closing this month after it failed to meet its fundraising target.
Ex-SoFi CEO on rebound with new fintech venture
Ex-CEO and SoFi founder plotting a comeback with a new fintech start-up amidst allegations of sexual harassment.
Kantox closes debt financing
Silicon Valley Bank (SVB) supplied the funds to the UK-based company.
Passport raises $43m from Bain Capital
Transportation mobile payments company Passport enters 2018 with an extra $43 million in the bank.
Fintech funding round-up: 20 December 2017
Features Raisin, PayPal, Home Credit Venture Capital, Barion Payment and Cash Svidha.
Blockchain and Bitcoin round-up: 19 December 2017
Features ABI Lab, R3, the government of Estonia, Chronobank and Bitcoin.com.
Ex-Barclays boss mulls £10m Tandem investment
Former Barclays boss, Bob Diamond, is in talks to buy a stake in UK-based challenger bank Tandem.
Financeit recapitalisaton gives Goldman Sachs majority stake
Point of sale (POS) financing provider Financeit completed an investment round with existing shareholder Goldman Sachs
SBDA Group closes Series A investment round
Banking personalisation firm SBDA landed investment from FinSight Ventures and Digital Space Ventures.
Infographic: the rise of the ICO
The initial coin offering (ICO) investment has surged since the first one back in 2013.
Simility adds PayPal as investor in $17.5m funding round
Risk management firm Simility locks in $17.5 million in new funding, with help from PayPal.
NAB doubles investment in innovation hub
Will also increase hub’s workforce by 70% in 2018.
Cryptocurrency start-up Telcoin courts mobile finance firms
Looking to ride the wave of interest in cryptocurrencies, Telcoin is also hoping to raise funds from an ICO.
Avoka raises $16m in new funding
Digital customer acquisition technology firm gets equity funding in a round managed by Moelis Australia.
Alior Bank to launch fintech accelerator
Alior Bank has unveiled its acceleration programme for technology start-ups using the OpenAPI environment based on IBM technology, implemented by business solutions developer Tuatara.
Prevoty raises $13m in Series B funding
Real-time app security platform Prevoty has got an investment of $13 million. The Series B round was led by Trident Capital Cybersecurity, and featured participation from existing investors such as USVP.
Viola plans to pull strings with $100m fintech fund
Israeli investment group Viola has tuned up nicely with an initial closing of $100 million toward a target of $120-$150 million for its new global fintech fund.
Payoneer lands funding from China Broadband Capital
Cross-border payments company Payoneer announced today it has received funding from China Broadband Capital (CBC). While the amount of funding was undisclosed, the company specified that this week’s Series E-1 round follows the $220+ million Series E round received last year. This adds to the company’s total funding amount, which previously stood at $270 million.
Fintech funding round-up: 1 December 2017
Who doesn’t love a trilogy? Following on from the round-ups on Thursday (30 November) and Tuesday (28 November) here’s another slice of fintech funding action. Features Deposit Solutions, Hanson Robotics’ Sophia, and BNP Paribas Asset Management. Germany’s Deposit Solutions, an open banking platform for deposits, has closed an investment round of $20 million led by […]
Fintech funding round-up: 30 November 2017
Quickly following on from Tuesday’s (28 November) funding round-up, here are more stories from a cash-drenched world. Features 1QB Information Technologies, FinTecSystems, Betalo, Nordea and Constellation Digital Partners. 1QB Information Technologies (1QBit), a quantum computing firm based in Vancouver, has closed a CA$45 million ($34.9 million) Series B round comprising equity and revenue contracts. This […]
Fintech funding round-up: 28 November 2017
No slowing down when it comes to the fintech funding action and this week we’ve got three of the latest stories for another ever-informative round-up. Featuring MoneyMe, TreasuryXpress and Chip.
Nordea finds fintech heaven with Nordic angel network
Nordea’s start-up and growth unit has unveiled a new partnership agreement with Nordic Business Angel Network (NordicBAN), a network of start-up investors in the Nordics and Baltics.
Wealthtech: a market poised for extended growth
Rapid changes are occurring in the wealth management space and the level of disruption in how advice and capital are managed is only beginning. Wealth management is a monumental industry. The players in the space run the gamut from gigantic hedge funds to individuals who manage their own investments. This changing wealth management landscape is driving a significant uptick in transactions.
BMO Financial Group injects $2m into Montreal AI lab
BMO Financial Group is putting $2 million into Creative Destruction Lab Montreal (CDL-Montreal) to fund artificial intelligence (AI) and data science projects. CDL-Montreal will target seed-stage start-ups by providing business and technology mentoring, equity opportunities and business development partnerships. On 15 December, the first cohort of 28 businesses, made up entirely of AI start-ups, will […]
Fintech funding round-up: 20 November 2017
Coming straight after Friday’s (17 November) fintech funding action, here’s another round-up. Features Xiaomi’s interest in India, Bamboo Capital Partners, First Access, Allied Irish Banks and TransferMate. Chinese phone and appliances maker Xiaomi plans to invest around $1 billion in 100 start-ups in India over the next five years, according to chief executive Lei Jun […]
Kabbage expands small business funding with $200m credit facility
Alternative credit company Kabbage has a lot to be thankful for this week. The Atlanta-based start-up received a new $200 million revolving credit facility from Credit Suisse bringing its total debt funding to $750 million, reports Julie Muhn at Finovate (Banking Technology’s sister company). Kabbage emphasised that this credit facility diversifies its funding sources, which will help it […]
Fintech funding round-up: 17 November 2017
Following on from yesterday’s (16 November) fintech funding fun, here’s another summary. Features Flender, Tipigo Ventures, India Accelerator, Kuants, Sumeru and a handy $2 billion in Singapore. Return to Flender. Address known. As reported in May, peer-to-peer lending start-up Flender was seeking to get €1 million in funding and is targeting a UK launch after […]
BNP Paribas and Caple make European SME credit capable
BNP Paribas Asset Management (BNPP AM) has acquired a 10% stake in European credit provider Caple, allowing for a partnership to offer alternative credit to European small and medium-sized enterprises (SMEs).
Fintech funding round-up: 16 November 2017
Say it isn’t so, another fintech funding round-up? Of course! It’s busy as always. Here’s the latest news action. Featuring DIFC and its investments, ASEAN seeing a boom with fintechs on the rise, and two firms; Active.ai and PayStand get individual funding too.
