SME financing platform Stenn lands $50m equity investment
Stenn CEO Greg Karpovsky says: “A lack of access to finance is stunting the growth of SMEs around the world.”
Stenn CEO Greg Karpovsky says: “A lack of access to finance is stunting the growth of SMEs around the world.”
Accel, Kaszek and Y Combinator also participated, as well as a number of angel investors.
The firm launched its US credit card in March 2021 and has an office in Atlanta.
Bruce Lowthers succeeds Philip McHugh, who is stepping down after three years in the role.
The new funding has propelled Voyager’s valuation to nearly $1.4 billion.
The neobank is looking to accelerate its growth in Mexico and Colombia.
Stark Bank, named for founder and CEO Rafael Stark, focuses on high-growth start-ups and enterprises in Brazil.
Paul has been at the central bank for 16 years and spent just over a year as head of the fintech hub.
Form3 CEO says the partnership with Goldman Sachs TxB forms part of the company’s growth strategy.
The round saw participation from Eldridge, TTV Capital, Fin VC, George Kaiser Foundation and eGateway Capital.
Kippa Payments is the second product launched by the start-up since it was founded in June 2021.
Fast CEO Domm Holland says: “Sometimes trailblazers don’t make it all the way to the mountain top.”
The Madrid-based company has raised $225 million to date in debt and equity funding.
FinTech Futures chats with NatWest’s Jane Barber about how to combat payments fraud.
The digital asset exchange will use some of the new funds on developing new products and services.
Bolt will integrate Wyre’s crypto stack, giving developers blockchain protocols to build financial products.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
The round was led by Insight Partners and Project A Ventures.
A handy round-up of the recent funding endeavours of UK-based fintechs.
FinTech Futures chats with Theo Lau about the use of AI in finance and future tech trends.
The firm has acquired Chile’s Paygol and Colombia’s Pago Digital.
Temenos’ platform will support Battle Bank’s foreign currency, market index and precious metals products.
Funding will help the firm meet the “ever increasing demand for tools that enable programmable money experiences”.
Our weekly fintech round-up for you to get the latest funding news from around the world.
Ellevest saw investment from new women-led investors such as Halogen Ventures and Cleo Capital.
Guy has 36 years’ worth of experience across banking and financial services.
The acquisition of Bank Bisnis will allow FinAccel to offer digital banking and larger loans to Indonesians.
The annual RegTech Africa Conference is being held on 25 and 26 May 2022.
The firm previously secured $150 million in a Series B round in July 2021.
Alpian plans to launch in Q3 2022. Prior to that, the digital bank will launch its alpha release to employees.
Apollo partner Joshua Black will also join Liquidity’s board of directors.
French banking group Crédit Mutuel Arkéa will remain a minority shareholder in the firm.
Brazil’s latest challenger offers banking services through a free mobile app account.
The event is being hosted on 30 June and 1 July at LuxExpo the Box, Luxembourg.
Langley FCU will replace its entire ATM fleet with new DN Series devices.
The new funds will be spent on developing new products and significantly increasing its staff headcount.
Objectway has implemented its Investment Advice solution at novobanco, one of the largest banks in Portugal.
Billed as “the world’s first retirement debit and credit card”, the service will cost from $5 a month.
NatWest will look to utilise Bottomline’s confirmation of payee (CoP) solution.
The firm claims it is “one of the fastest digital banks to achieve profitability ever”.