FinTech Futures: Top five news stories of the week – 11 October 2024
Our pick of the top fintech news stories this week includes Monese, TSB Bank, Temenos and more.
Accel
Orum lands $56m in Series B funding round
The firm claims it has now raised over $82 million in total.
Millennial home buying platform Lower lands $100m Series A led by Accel
The Ohio-based firm plans to use the funds to expand its product line and accelerate growth.
Ethos raises $60m led by GV and Goldman Sachs
The insurtech has since raised a more than $100 million to-date.
WorldRemit drives growth with $175m funding
Diversification and a new SME product are on the cards.
Swedish refinancing start-up Anyfin eyes European expansion with €8m investment
The extended Series A round brings total investment to €13.3 million.
Crypto compliance provider Chainalysis collects $30m funding
Series B financing round supported by Accel and Benchmark.
Ethical insurtech Ethos bags $35m
Round led by Accel.
Funding Circle eyeing £1bn IPO
The firm is preparing to go public and plans to have advisors put in place to oversee.
Simility adds PayPal as investor in $17.5m funding round
Risk management firm Simility locks in $17.5 million in new funding, with help from PayPal.
Raise Pulls in $60 Million in Funding, PayPal Joins Party
Raise, which bills itself as the world’s largest gift card marketplace, has raised $60 million in a Series C funding round led by Accel, with participation from PayPal and existing investors New Enterprise Associates and Bessemer Venture Partners.
