PrimaryBid lands $190m in SoftBank-led Series C investment round
The money will be used to expand across continental Europe and the US.
The money will be used to expand across continental Europe and the US.
The Manila-based start-up has now raised around $46 million in total capital.
The start-up intends to add another 100 to 150 employees to its already 150-strong workforce.
Denmark-based Ageras is “poised to become one of Europe’s next unicorns”, investors say.
The neobank has been built by Cairo Amman Bank, a full-service bank in Jordan and Palestine.
Akulaku CEO William Li says the companies share a vision for banking that is “expansive and inclusive”.
Our weekly fintech round-up for you to get the latest funding news.
A handy round-up of the recent funding endeavours of three US start-ups in the fintech space.
Dusi joins Revolut from US-based lender Happy Money, where he spent eight years.
The mobile banking platform has been built by H&R Block and launched on 20 January 2022.
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Malhas moves from Capital Bank of Jordan, where she was chief digital officer.
The start-up has raised $144m in equity, led by SoftBank, and $150m in debt financing.
Revenu enables small businesses to receive quicker payments and to better manage their finances.
The UK’s first app-based bank has raised more than £75m in new equity priced at 70p per share.
Flutterwave says it has become the highest-valued African start-up with this investment.
D360 becomes the third digital bank in Saudi Arabia to be licensed.
FinTech Futures speaks to Climate First Bank’s founder, Ken LaRoe, and CTO, Marcio deOliveira.
Karty allows users to spend, save and manage their money.
Collectively, challenger banks are chipping away at the most profitable parts of the incumbents’ business.
Twig CEO Geri Cupi thinks the circular economy is now at a tipping point in terms of mainstream acceptance.
HelloFlow is a no-code builder of client onboarding, monitoring, and digital workflow solutions.
Thought Machine’s Vault system will underpin Intesa Sanpaolo’s new digital banking service, Isybank.
Stitch will use the cash to expand its team, launch new products and enter new markets on the continent.
“Digital is opening new ways for us to grow in very attractive markets,” says BBVA chairman.
ThinCats now has “£650m currently available to deploy in support of businesses across the UK”.
New funding came from Andreessen Horowitz, NYCA and Experian Ventures.
To date, Alma has raised €180m in equity and more than €100m in debt financing.
Our weekly round-up for you to get the latest fintech funding news.
Dave Scola moves from Swift to become Form3’s US chief executive.
Tonik’s Series B equity funding round was led by Japanese banking heavyweight Mizuho Bank.
Mox has a new CIO and a new chief data, security, and innovation officer (CDSIO).
Silvr intends to hire 100 people across its sales, marketing, product and tech teams.
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The direct bank payment solution provider is now valued at $2.1 billion.
The cash will go towards hiring new staff as Mos looks to maintain its recent growth spurt.
Vivid Money doubles its valuation in less than a year to €775m.
The investment will be used to bring insurance products to Rewire’s 600,000 users.
TripActions says it has invested more than $400 million across the UK and Europe in less than a year.
Founded in 2013, LoanStreet claims 1,200+ US banks, credit unions, and direct lenders as customers.