FinTech Futures: Top five stories of the week – 22 December 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Updraft
UK neolender Updraft secures £272m in mix of debt and equity funding
The start-up previously raised £108 million in debt and equity funding last December.
Banking Tech Awards 2022 Winner: Updraft – Best Digital Initiative for Lending
Reinventing financial planning and disrupting unsecured lending markets.
UK fintech Updraft secures £108m debt and equity funding
The money will be used to invest in new products and to support business growth.
Updraft secures £72m investment in NatWest-led funding round
The financial wellness platform hopes to wean users away from high-interest borrowing.
UK fintech Updraft raises £16m to refinance borrowers’ credit debt
The fintech focuses on spend-linked borrowings.
