ICYMI fintech funding round-up: Refine Intelligence, Apiture, Solvimon and more
Our weekly fintech round-up for you to get the latest funding news from around the world.
Start-up
Regulators approve ex-UK cabinet minister Gavin Williamson’s appointment to Lanistar advisory board
Williamson is expected to be paid in the company’s shares, and will meet its executive committee once a month.
Redpin launches with new strategy and £140m in funding
The launch follows a previous £140 million investment that Redpin received from Blackstone, Palamon and Corsair.
Nuvei reportedly snaps up Aussie paytech Till Payments for $30.5m
The paytech was valued at $350 million only seven months ago.
FinTech Founders Video: upcoming trends – embedding community values
In this episode, fintech founders share their experienced of building values for a new digital vision.
Saudi BNPL start-up Tamara expands lending capacity to $400m with Goldman Sachs
The company has secured an additional $250 million in debt financing to support its lending operations.
Levenue lands €8m Series A funding from Truffle Capital, acquires Cake
Levenue provides a marketplace for subscription-based businesses to connect with investors and access financing.
Co-branded credit card fintech Imprint lands $75m in Series B funding
The round was led by Ribbit Capital with participation from existing investors Kleiner Perkins and Thrive Capital.
Regulators should greenlight more M&A among banks and fintechs to avoid bankruptcies
Consolidation and M&As can create an environment where dynamic regional banking ecosystems can flourish.
FinTech Founders Video: building a versatile team – how to get the best out of your employees
First-hand insights and learnings of fintech founders on how to strategically build a versatile team.
US fintech Carta reportedly conducts third round of layoffs this year
The cuts were first reported by Fortune, but the total number of employees impacted is currently unknown.
Demystify Podcast: Demystifying embedded banking success with Chris Dean and Chris Tremont
Grasshopper and Treasury Prime are thriving at a time when so many neobanks and BaaS providers are struggling.
SC Ventures and SBI Holdings to jointly launch digital asset investment firm in UAE
The joint venture will initially receive a $100 million capitalisation from both companies.
Unlocking Alpha: how AI is helping investors fine-tune their strategies
FinTech Futures speaks with the founders of 3AI to discuss how AI technology can transform investing strategies.
FinTech Founders Video: building company culture – team building achievements
We explore various aspects of how to build company culture and what can be achieved as a team.
ICYMI fintech funding round-up: EduFi, Performativ, Due and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
FinTech Founders Video: building a successful roadmap
Exploring hiring strategies and how to build a successful roadmap for a long-term vision.
Private investment management platform Arch raises $20m Series A
The latest cash injection brings Arch’s total funding to date to over $25 million.
UK challenger Monument Bank completes £40m Series B raise, eyes more funding
Dubai Investments has acquired an additional 7.68% equity stake in the bank.
UK payments app Cardeo to shut down
In an announcement on its website, Cardeo says it failed to secure funding “required to continue as a business”.
AI fintech start-up Black Ore launches from stealth with $60m funding
Founded in 2022 and based in Texas, Black Ore offers an AI automation platform for financial services businesses.
Italian fintech Qomodo lands €34.5m pre-seed funding
The start-up aims to bring SmartPOS, Tap-to-Phone and BNPL payment solutions to physical merchants.
DeFi BNPL start-up AtPay taps Pismo for card issuance
Pismo is to support AtPay’s BNPL and card management programmes, ahead of its Q1 2024 launch.
Customers, employees, shareholders: the laser focus of successful digital transformations
Incorporating a customer lens in your digital transformation can boost both revenue and employee satisfaction.
PFM downturn continues as Status Money closes down
The company’s website and app with cease to operate from 10 November.
Tandem Bank co-founders team up to launch low-fee wealth management app Prosper
Currently operating as an invite-only service, Prosper is slated for public launch in Q1 2024.
US fintech Bond.AI snaps up Elastech to bolster cloud and data offerings
As part of the acquisition, Elastech CEO Scott Llewelyn will join Bond.AI to lead its professional services division.
US fintech Payroll Integrations secures $20m Series A funding
Payroll Integrations plans to expand its product line, foster new relationships and invest in its operations.
ICYMI fintech funding round-up: Funding Societies, Fero, Kroo and Zilch
A handy round-up of the recent funding endeavours of fintech companies across the globe.
UK agriculture-focused challenger Oxbury Bank lands £100m from British Business Bank
Oxbury Bank provides flexible lending and asset finance solutions specifically for the needs of farming businesses.
Banking Technology Magazine November 2023 issue out now
Cover story: PHOENIX RISING – How to breathe new life into digital transformation.
Israel’s One Zero digital bank seeks to raise up to $100m led by Deutsche Bank
The start-up plans to use some of the funding to fuel its expansion across Europe.
Nominations now open for the seventh annual PayTech Awards
Submit your nominations before 15 March 2024.
BNPL fintech Tabby lands $200m Series D at $1.5bn valuation ahead of planned IPO
Tabby claims it has become the Middle East’s first fintech unicorn ahead of its planned IPO in Saudi Arabia.
Kuwait Finance House launches new youth-focused digital bank Tam
Tam offers a digital savings account, prepaid cards, student allowance management and local transfer services.
US fintech for older Americans, Charlie, secures $23m Series A
The funding round includes $16 million in equity and $7 million in debt.
Ziglu founder Mark Hipperson rejoins company as executive chairman
Kevin Hanley and Mark Jenkinson are also joining Ziglu as co-CEOs.
Cartoon: Augustus Gloop
A new cartoon illustrating the predicament of many fintech and blockchain firms that entered the VC business.
Spain’s Twinco Capital secures €50m debt facility from BBVA Spark
The facility will be used to support the company’s portfolio growth and geographical expansion plans.
ICYMI fintech funding round-up: UnaFinancial, Multifi, Triple-A and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
