Business financing platform Muse Finance hires Tarek AbdelKader as CTO
The tech veteran has previously worked at firms including The Co-Operative Bank and Think Money Group.
The tech veteran has previously worked at firms including The Co-Operative Bank and Think Money Group.
The round was led by Fuel Venture Capital and IDC Ventures.
Pry CEO Andy Su says: “With Brex’s scale and reach, we can have a much bigger impact right away.”
The firm’s app currently has a waitlist of over 15,000 people.
The pre-Series A investment round consists of $4 million in equity funding and a $20 million debt facility.
Funds will be used to expand its team and build out marketing capabilities.
BNP Paribas’ head of global markets Olivier Otsy says Anthemis has a “strong track record” in fintech investments.
The firm promises hopeful homeowners the ability to “move in now, buy later”.
The start-up will use the fresh capital to expand throughout North America, LatAm and APAC.
Following the Series A, Umba has now raised a total of around $17.5 million to date.
Tom Wood will also join the firm’s UK Bank Board, reporting to group chief executive and founder Anthony Watson.
Montonio raised €11 million and Payaut secured €8 million, respectively.
Our weekly fintech round-up for you to get the latest funding news from around the world.
Climate change is a complex problem, and its solutions are manifold and multifaceted.
The round was led by Blossom Capital and saw participation from Maki.vc and Brightly Ventures.
The round is believed to be the largest ever raised for a social impact fintech.
GoSolo aims to streamline the application process for opening a UK business account as a non-resident.
The UK-based start-up seeks to make purchasing a home more affordable for first-time buyers.
The round saw participation from Eldridge, TTV Capital, Fin VC, George Kaiser Foundation and eGateway Capital.
Kippa Payments is the second product launched by the start-up since it was founded in June 2021.
Eric Zie, CEO and founder of GoCodeGreen, talks to FinTech Futures about the push for sustainable software engineering.
The round was led by Insight Partners and Project A Ventures.
A handy round-up of the recent funding endeavours of UK-based fintechs.
The firm has acquired Chile’s Paygol and Colombia’s Pago Digital.
Funding will help the firm meet the “ever increasing demand for tools that enable programmable money experiences”.
FinTech Futures speaks to Daffy’s Adam Nash and Lorie Lambert about streamlining donations.
Guy has 36 years’ worth of experience across banking and financial services.
The firm previously secured $150 million in a Series B round in July 2021.
Alpian plans to launch in Q3 2022. Prior to that, the digital bank will launch its alpha release to employees.
Brazil’s latest challenger offers banking services through a free mobile app account.
Billed as “the world’s first retirement debit and credit card”, the service will cost from $5 a month.
Oxbury Bank is a start-up bank in the UK focused on the agricultural sector.
The investment brings Moneybox’s total funding raised to date to £95 million.
A new cartoon illustrating the difference in expectations between a start-up entrepreneur and a VC firm.
Cover story: WINDS OF CHANGE – Tackling the carbon cost of technology.
The acquisition follows Papaya Global’s $250 million Series D funding round last September.
Khazna has now raised a total of $47 million to date.
Yonder is designed for the five million-strong ‘credit invisible’ market underserved by current credit providers.
UKIB, a new government-owned bank, is looking for a core banking system and has issued a tender.
Here’s our pick of five of the top news stories from the world of finance and tech this week.