UK fintech Selina Finance raises $150m in Series B funding round
The funding is made up of $35m in equity and $115m in debt to fund further expansion.
The funding is made up of $35m in equity and $115m in debt to fund further expansion.
Porter previously held senior roles at OFX, World First and TransferMate.
Start-up allows couples to set up joint accounts and manage their money together.
Tribal says the Latin American region represents a $175 billion market opportunity.
Bold wants to accelerate Colombia’s transition from cash to a digital payments economy.
The Dublin-based fintech is now worth $1.6 billion, making it Ireland’s sixth unicorn.
Our weekly round-up for you to get the latest fintech funding news.
Chargebee CEO says the firm solves infrastructure issues facing high-growth subscription businesses.
Also, M&G use Moneyfarm’s technology to create its own branded proposition.
Breslow has moved to a new role as executive chairman, focusing on funding and acquisitions.
The fintech’s ‘rent-to-mortgage’ programme is designed to direct rent payments toward homeownership.
Start-up says the new funding will help “over 4,000 more families” buy their first home.
Esusu is now one of just a handful of Black-owned unicorn start-ups in the world.
The agency says Monzo has taken adequate steps to end the breach and prevent a recurrence.
Demographics, technology and opportunity have set the stage for Africa to become a global fintech powerhouse.
Destream says banks often block large payments from donations and platform subscriptions.
N26 says Gormley has “played an important role” in scaling its operations division.
Both companies are now open for new customers to register.
Our weekly round-up for you to get the latest fintech funding news.
Walmart CEO says the app will allow users to “manage their money in one place”.
Pinwheel provides an API that allows businesses to connect payroll accounts to their applications.
A new normal is inevitable, and we need to start thinking about what to do next.
Keebo tackles financial exclusion in the “passion economy” – an economy built around “creators with a purpose”.
Modifi’s business in India has grown more than 2,100% over the past 18 months.
David Ornstein steps into a newly-created role of chief operating officer (COO) at Baton.
New York-based Lukka is now valued at $1.3 billion.
What’s next for the award-winning app that helps people “live smarter”.
Rupifi says it’s India’s “first embedded finance company” in the B2B payments space.
“I regret to announce that Katana Labs will cease to operate as of January 31, 2022,” founder says.
The latest cash injection takes the company’s valuation to over €500 million ($573 million).
BENKER CEO sees the introduction of blockchain to banking as the beginning of a “New World Order”.
The Series A funding round was led by Sequoia Capital India.
“Niche banking is the most significant innovation opportunity for financial institutions today,” Nymbus says.
European start-ups are starting to have access to a far broader and more founder-focused investment ecosystem.
Don’t let funding announcements slip you by in this fast-paced industry!
The trio of UK-based fintechs have attracted investment from a range of firms.
Cushon becomes the fifth largest master trust pension provider in the UK.
Finclusion has landed $20 million and Lipa Later has secured $12 million.
Nabeel Vilcassim joins as chief financial officer (CFO) and Oliver Furniss as chief product officer (CPO).
Ghana-based Float and Uganda-based Asaak raise $17 million and $30 million, respectively.