Fintech funding round-up: 21 February 2018
Stars Anyfin, CivilisedBank, Greenlight Financial Technology, Even Financial and Wealthsimple.
Stars Anyfin, CivilisedBank, Greenlight Financial Technology, Even Financial and Wealthsimple.
Business banking better than before.
A Software-as-a-Service solution for integrated finance management.
From India via Israel to Finland – starring MoneyOnMobile, Tipalti and Zervant.
DFC is focused on providing additional working capital to product manufacturers, distributors and dealer networks.
Four-month programme will start in March and eight places are up for grabs.
Welcome to Davo Sweep and Save, and Davo Savings Club.
11:FS Fintech Insider show featuring FinTech Futures’ Tanya Andreasyan.
Welcome to another wave of wondrous wealth. Features Autobooks, Finomial and Rebuildingsociety.
Overdraft warnings are one of the fixes brought in as part of CMA’s investigation.
Cloud-based accounting platform and IT management solutions provider get together.
18 business bank account providers agree to same basic set of information.
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Jim McColl, one of Scotland’s richest men, prepares to enter the UK banking arena.
Institutional investors will have access to SME loans originated through Bitbond’s lending platform.
Investment from Moscow-based firm Da Vinci Capital Management.
An initial tranche of £30 million will be invested via TSB’s new investment vehicle, BlueWaves.
Small business lender doubles the size of its invoice factoring solution.
Features Tender Armor, OpenDoor, Duco and Sancus Finance.
StreetShares has landed $23 million in equity funding, bringing total investment to $43 million.
First new bank to open in San Diego in ten years and one of only two new banks in California since 2010.
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Will focus on the 4.5 million sole traders, freelancers and contractors in the UK.
Features DBS Bank, Xero, WeChat Pay and Bank of America Merrill Lynch.
From London to Asia. Stars Anorak Technologies, Funding Societies and Mekar.
Used for single customer view processes in Northern Ireland.
Microsoft experts will get involved in the various #openspace formats for the development of new business models.
Features Raisin, PayPal, Home Credit Venture Capital, Barion Payment and Cash Svidha.
In the process of obtaining a banking licence as it targets commercial, SME, bridging and development finance.
The acquisition is expected to close in Q1 next year.
To support the launch of NICE Uptivity, a workforce optimisation solution for SMBs.
Nesta names prize winners at the conclusion of stage one of its Open Up Challenge.
Berlin-based challenger bank Penta has officially launched its business bank account offering in Germany.
“We have created a more digital, agile and flexible TSB,” stated Paul Pester, CEO of TSB, at the unveiling of the bank’s new technology platform, Proteo4UK.
Al Salam Bank Seychelles (ASBS) has chosen International Financial Systems’ (iFinancial) anti-money laundering (AML) solution, AMLtrac, as it plans to introduce domestic banking services for local and regional SMEs and corporates. As part of that planned expansion, ASBS, an offshore financial institution, has selected the know your customer (KYC) and document management, account monitoring, transaction […]
SMEs in Chile have just won a new ally when it comes to making it easier to accept mobile card payments. The country’s largest national bank, BancoEstado de Chile, has partnered with SumUp to launch a joint venture (JV) that will give Chilean businesses the ability to offer “anytime, anywhere” mobile card acceptance without fees […]
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 […]
It wasn’t spotted on Craigslist but here’s an unusual request. If you are the owner of a small or medium-sized bank in the US and are ready to sell it completely (or partially) – you have a buyer! Vladislav (aka Slava) Solodkiy, managing partner at venture capital (VC) firm Life.Sreda, is being refreshingly direct and […]
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).
Hot on the heels of yesterday’s (7 November) fintech funding round-up, here’s more money action. Features WeSwap, OakNorth Bank and OTCX. Peer-to-peer currency exchange platform WeSwap has revealed its £8 million series B investment round led by London-based private equity firm IW Capital. As WeSwap nears the end of 2017, it says further product features include […]