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.
VCs are ultimately looking for extraordinary entrepreneurs and companies to invest in.
The company has now raised $51 million in total.
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
The investment is the largest ever for a payments company in Mexico.
Bloom Money describes itself as the app built “by migrants, for migrants”.
The US-based firm will also become the largest shareholder in the company.
The firm has now raised $91 million in total.
The app features a number of tools to help aspiring homeowners save up for a deposit.
The US-based fintech also announced the acquisition of Zingo, a fintech software services start-up.
The two parties claim the deal will be finalised later this year.
Funds from the raise will be used to support Wayflyer’s product development and international expansion.
The US-based service is available in the UK and Spain and expects to launch in more European countries soon.
Arun Mani joins Pleo after a successful spell at software company Freshworks.
A quick summary of this week’s smaller funding rounds.
Mark Lawrence joins the scale-up to grow its business in the US and beyond.
Lightyear claims to be the only true commission-free retail trading app.
UK’s first green debit card to let users track, reduce and offset their carbon footprint as they spend.
The Series A funding round is claimed to be the largest to date for a fintech in Latin America
Featuring Circle, Forter, Zeta, PaySend, and Agicap.
Africa-focused P2P firm claims to be the continent’s most valuable start-up
The Aussie bank is seeking to add value and increase engagement for its digital banking offering.
The US consumer finance subscription service is expected to have a valuation of $2.2 billion.
The only one in the room: why diversity among executives is still a problem
With the ever fast-paced nature of the fintech world, it’s easy to let announcements slip by from time to time.
The Australian firm has spent $105 million on its new buyouts.
For those fintechs brave enough to move first, there are great opportunities available.
Klarna CEO Sebastian Siemiatkowski: the glitch is “sad and frustrating”.
Its in-house and Accenture built core system will become a commercial offering in its own right.
A top pick of stories from the world of finance and tech in bitesize video format, twice a week.
This Series C investment values the banking tech vendor Zeta at $1.45 billion.
The start-up aims to disrupt the “opaque, fragmented, and dominated by manual processes” fresh produce market.
$175 million came from its Series D equity round and $325 million was credit capital from various sources.
Pipe says the round was oversubscribed by $100 million.
HeyTrade and TrueLayer will deliver “a new investment experience using open banking payments”.
Featuring Trade Republic, Pine Labs, Figure, DailyPay, and Sunbit.
The platform is on a “mission of creating financial freedom for everyone”.
Uncapped will increase its headcount from 35 to 100 people.
Figure uses Provenance, a public, open source, permissionless, decentralised blockchain.
Lithic has raised a total of $61m to date and has issued over ten million cards.
The funding is an extension of its Series C funding round from July 2020.