Housing fintech Tomo raises $70m in Seed funding
Tomo aims to “digitise the homebuying experience”.
Start-up
Banking Technology July / August 2021 issue out now
Cover story: breaking with tradition – how Minna Bank is disrupting the Japanese system.
JP Morgan to acquire fintech start-up OpenInvest
The US bank is looking to boost its ESG investment offerings.
How do we know if we’ve lost our way?
There are a few tools you can use to keep checking whether you’ve lost your way.
JP Morgan Chase acquires 40% stake in Brazil’s digital challenger C6 Bank
Launched in 2019, digital bank C6 has more than seven million customers.
Customer-centric fintechs will reshape South East Asian commerce
There are huge opportunities right now for fintechs looking to South East Asia.
Video: fintech news pick of the week – Visa acquires Tink; Raisin merges with Deposit Solutions
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
Digital mortgage platform Accept.inc raises $90m
US-based firm plans to expand its “iLender” concept.
ICYMI funding round-up: LOQR, MOCA Financial, Bueno Finance, Glint Pay & more
Another batch of funding rounds that could have flown under your radar.
Afterpay hires Mastercard exec Khoja to lead North American expansion
Zahir Khoja joins at a time of “rapid market expansion” for Afterpay.
Atom Finance raises $28m Series B round led by SoftBank
The firm plans to use the funding to fuel global subscriber growth.
FinTech Futures Jobs: Three fantastic permanent jobs open in London right now
Exciting vacancies at OakNorth, BNY Mellon and Checkout.com. Apply today!
Unicorns, emojis and gamification: how Gen Z is transforming the way we bank
Neobanks have realised it’s less a matter of “kids hate finance”, and more “finance hates kids”.
Saudi Arabia grants first digital banking licences
STC Pay and ARTAR given green light by central bank.
Australian fintech Zeller raises AUD 50m in Spark Capital-led investment
The round was closed in the week prior to Zeller’s launch last month.
Don’t diss the bankers
There are three types of bankers, but there is only one type you need.
Dear Luc: Can my start-up succeed while working from home?
This week our writer wonders if they really need a London address, or can working from home be just as good?
Migrant banking start-up Majority raises $19m in seed funding
The firm offers a mobile banking service for migrants across the US.
Blockchain start-up Securitize lands $48m Series B round co-led by Morgan Stanley
US banking giant says “we believe in the growth and adoption of digital asset securities”.
Expanding across different time zones, cultures and geographies profitably
Founder shares Important steps worth considering in international expansion, whatever the country.
Fintech funding deals globally 14 June – 20 June 2021
Featuring Ebanx, ThinCats, Guideline, Bunq, and 10x.
Raisin lands first US partner bank with Dallas-based MapleMark
German fintech makes headway after 18 months of preparation.
Novus partners Visa and Railsbank to launch sustainable banking app
The app will reward “conscious consumers” for sustainable purchasing choices.
BaaS start-up Unit raises $51m in Series B round
The company also announced the launch of its new service Unit Go.
US banking start-up Novo lands $40m in Series A round
It aims to use the investment to scale its banking platform for small businesses.
Volt raises $23.5m to build global instant payments network
The round is the largest Series A on record for the open banking industry.
ICYMI funding round-up: Upflow, TRM Labs, Booste, Crediverso & more
A heaping helpful of funding rounds from this week to get your teeth into.
Indian fintech start-up FamPay lands $38m in Series A round
The Bengaluru-based firm is aiming to build India’s first neobank for teenagers.
VC funding into fintech grows as sector embraces latest AI and gaming trends
VCs are ultimately looking for extraordinary entrepreneurs and companies to invest in.
AI-powered shopping app nate raises $38m in Series A round
The company has now raised $51 million in total.
Video: fintech news pick of the week – Klarna, Mastercard & BBVA
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
Mexican fintech Clip raises $250m in SoftBank-led investment
The investment is the largest ever for a payments company in Mexico.
Bloom Money aims to build migrant-led community finance
Bloom Money describes itself as the app built “by migrants, for migrants”.
Nityo invests $100m in Singapore embedded finance fintech MatchMove
The US-based firm will also become the largest shareholder in the company.
Airbase raises $60m in Series B to boost spend management capabilities
The firm has now raised $91 million in total.
Fintech start-up Nude launches new finance app to help first-time buyers
The app features a number of tools to help aspiring homeowners save up for a deposit.
Financial wellness platform Credit Sesame raises $51m to fuel expansion plans
The US-based fintech also announced the acquisition of Zingo, a fintech software services start-up.
Mark Cuban-backed banking app Dave to go public in $4bn SPAC deal
The two parties claim the deal will be finalised later this year.
Irish start-up Wayflyer raises $76m in Series A funding round
Funds from the raise will be used to support Wayflyer’s product development and international expansion.
Fintech start-up Capchase plans European expansion after $125m funding round
The US-based service is available in the UK and Spain and expects to launch in more European countries soon.
