ICYMI fintech funding round-up: Sourcefin, Volume, Leap Financial, and Juicyway
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Start-up
News, intelligence and resources on the global fintech industry including topics such as start-ups.
Kobble debuts new embedded finance platform in Australia
Kobble operates as part of the Fincraft Group, which also comprises Yondr Money and Shouta.
US embedded finance fintech Parafin secures $100m in Series C funding round
Parafin’s $100 million Series C was raised at a $750 million valuation.
ICYMI fintech funding round-up: Brighty, Just, Finny, Prosper, and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Shift4 buys UK paytech Card Industry Professionals
The deal adds to Shift4’s growing list of acquisitions this year.
Sweden’s Mynt plots UK expansion with €22m Series B
The round values Mynt, which reached profitability in September, at approximately €175 million.
Banking Technology Magazine December 2024 / January 2025 issue out now
Cover story: STAR PEOPLE – Banking Tech Awards 2024 revisited.
Mexico’s Klar acquires assets of B2B payments and financing platform Tribal
The deal includes Tribal’s payment and financing solutions, business intelligence tools and risk models.
Ribbon launches financial services super-app for Indian diaspora in UK with Tribe Payments
Ribbon previously tapped Tribe Payments to launch in Gibraltar earlier this year.
Morgan Stanley-backed Sokin acquires Norway’s Settle for undisclosed sum
The UK-based fintech has gained Settle’s European EMI licence through the deal.
ICYMI fintech funding round-up: Sandbox Wealth, ThreatFabric, Centrapay, and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Lumin Digital bags $160m in growth equity
The round was led by Light Street Capital, NewView Capital and Partners Group.
Uptiq.AI acquires financial data integration fintech UpSwot for undisclosed sum
Uptiq.AI will now integrate UpSwot’s financial data gateway into its AI Workbench, which launched last month.
Mexican fintech start-up R2 secures $50m debt facility and $9m in fresh equity
The equity injection is an extension of the company’s $15 million Series A round from 2022.
UK specialist mortgage lender Vida Homeloans secures full banking licence, rebrands as Vida Bank
Vida Bank will operate as a specialist mortgage bank offering residential and buy-to-let mortgages.
Deel boosts European payments infrastructure with acquisition of Atlantic Money
The move follows Deel’s acquisition of South Africa-based payroll and HR company PaySpace back in March.
Blockchain firm WadzPay secures $36m investment commitment from GEM
WadzPay must be publicly listed for 36 months before the funds can be received.
Sustainable investment platform Grünfin closes down
The platform was founded in 2020 to democratise access to sustainable ETFs for retail investors.
November 2024: Top five fintech M&A deals of the month
FinTech Futures takes a look back at five of the top fintech M&A deals in November.
Lightyear secures direct FCA authorisation, set to relaunch in the UK
Lightyear says it plans to roll out “a number of new products” in the UK, including ISAs.
November 2024: Top five new launch stories of the month
FinTech Futures takes a look back at five of the top new launch stories in November.
Deutsche Bank adds $20m to Partior Series B as new strategic investor
Partior has now secured over $80 million through its Series B round.
Crypto wallet start-up Deblock reportedly raises £13.3m in fresh funding
Deblock was founded by former Revolut and Ledger executives in 2022.
Request Finance acquires Lithuanian VASP Pay.so
The deal will enable Request Finance to offer on/off ramps for fiat and crypto-based payments.
Anna Maj joins French fintech Bridge as president and CEO
Bridge has also promoted co-founder Alexis Roque to deputy CEO.
UK’s Hope Macy completes purchase of lending software specialist Slick Solutions
Hope Macy is merging its machine learning APIs with Slick Solutions’ loan origination platform.
ICYMI fintech funding round-up: Kalder, Pemo, PostSig, StoreCash, and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Beacon unveils new digital wallet offering built for immigrants to Canada
Beacon’s new service will support bill payments, salary deposits, Interac e-Transfers, and more.
Modulr buys AP automation platform Nook, plans to launch Modulr AP solution in early 2025
Modulr AP, powered by Nook, is described as an “end-to-end solution for invoice management and AP automation”.
Cartoon: Wanderer above the sea of fog
This new cartoon illustrates how regulatory changes and the complexity of compliance stymies new entrant fintechs.
ICYMI fintech funding round-up: Mutual Vision, Tako, Zeplyn, Tranched, and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Mesa debuts homeowners credit card, offering rewards on mortgage and home expenses
The card allows customers to earn ‘Mesa Points’ on mortgage repayments and home-related purchases.
Former Solaris execs to launch fintech start-up Zazu for African SMEs
Zazu will provide business banking services and financial management tools to African SMEs.
Canadian fintech Neo Financial raises $258m in mix of equity and debt funding
The round comprised $78.9 million in equity and $179.3 million in debt.
Modifi raises $15m, inks MoU with Japan’s SMBC to support SMEs with cross-border financing solutions
Modifi and SMBC will seek to assist Asia’s SME exporters in expanding international trade operations.
Banking Technology Magazine November 2024 issue out now
Cover story: GOING GREEN – Why sustainable finance is vital.
ICYMI fintech funding round-up: Groov, Fundcraft, VibePay, and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Visa backs four new African fintech start-ups as part of $1bn continental commitment
OkHi, Workpay, Oze and Orda.Africa have all received investment from Visa.
Marygold & Co UK selects Griffin to embed savings accounts into money management app
The app will launch for individuals and small businesses in the UK “later this year”.
FTC takes action against US neobank Dave for allegedly “using misleading marketing”
In a statement, Dave says it intends to “vigorously defend ourselves”.
