Video: fintech news pick of the week – JP Morgan acquires Nutmeg; investments for Clip and Ebanx
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
Investment & Funding
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.
Splash Financial lands $44m in Series B funding round
The company helps borrowers compare financial products from a network of lenders.
AI-powered shopping app nate raises $38m in Series A round
The company has now raised $51 million in total.
PayCargo lands $125m in Series B investment from Insight Partners
Freight payments firm plans product development with new windfall.
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.
Video: fintech news pick of the week – Nubank raises $750m; Goldman Sachs partners with Visa
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
Nityo invests $100m in Singapore embedded finance fintech MatchMove
The US-based firm will also become the largest shareholder in the company.
Mastercard launches new initiative to support minority-owned fintech start-ups
The Start Path programme aims to support traditionally underrepresented fintech founders.
Airbase raises $60m in Series B to boost spend management capabilities
The firm has now raised $91 million in total.
Klarna raises $639m in SoftBank-led funding round
The BNPL firm claims it is now valued at $45.6 billion.
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.
Video: fintech news pick of the week – Standard Chartered, PayPal and Trulioo
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
Trulioo raises $394m in TCV-led Series D funding round
The identity verification firm has now raised $474m in total.
Klarna sways towards US over UK for stock market listing
Klarna boss Sebastian Siemiatkowski says: “It’s more likely that Klarna will list in the US.”
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.
Fintech funding deals globally 31 May – 6 June 2021
Featuring Wefox, Bought by Many, Chipper Cash, YieldStreet, and Kushki.
Circle raises $440m in financing to drive expansion
The company claims the funds will allow it to meet “significant global demand”.
PayPal invests $135m in financial institutions that support underserved communities
The investments are part of its $535 million commitment to those without access to banking.
ICYMI funding round-up: Airtm, Cushon, Stake, Clim8, Nordigen & ikigai
A quick summary of this week’s smaller funding rounds.
Fintech funding deals globally 24-30 May 2021
Featuring Circle, Forter, Zeta, PaySend, and Agicap.
Chipper Cash raises $100m in SVB-led Series C round
Africa-focused P2P firm claims to be the continent’s most valuable start-up
Goldman Sachs leads $45m funding round in auto finance specialist MotoRefi
Funding follows strong growth over the last twelve months for US-based company.
Acorns heads for public listing with valuation of $2.2 billion
The US consumer finance subscription service is expected to have a valuation of $2.2 billion.
Banking Technology June 2021 issue out now
The only one in the room: why diversity among executives is still a problem
ICYMI funding round-up: Accelex, Pento, Fraudio, Curve & more
With the ever fast-paced nature of the fintech world, it’s easy to let announcements slip by from time to time.
Forter raises $300m in Series F to invest in fraud prevention tech
New York-based firm has raised $525 million in total since 2013 and is now valued at $3 billion.
Video: pick of the week – “smishing” tech scam arrests; Figure Technologies raises $200m
A top pick of stories from the world of finance and tech in bitesize video format, twice a week.
SoftBank pours $250 million into banking tech start-up Zeta
This Series C investment values the banking tech vendor Zeta at $1.45 billion.
Super gains $50m Series C funding for home warranty sector solutions
New investor, Wells Fargo Strategic Capital (WFSC), has led the $50 million round.
ProducePay raises $43million, searches for “rockstar” CTO
The start-up aims to disrupt the “opaque, fragmented, and dominated by manual processes” fresh produce market.
DailyPay raises $500 million of capital “to transform the financial system”
$175 million came from its Series D equity round and $325 million was credit capital from various sources.
Investment fintech Pipe rakes in $250m from oversubscribed venture round
Pipe says the round was oversubscribed by $100 million.
Fintech funding deals globally 17-23 May 2021
Featuring Trade Republic, Pine Labs, Figure, DailyPay, and Sunbit.
New York wealthtech Vise raises $65m, hits $1bn valuation
The platform is on a “mission of creating financial freedom for everyone”.
Figure Technologies raises $200 million to reach $3.2 billion valuation
Figure uses Provenance, a public, open source, permissionless, decentralised blockchain.
Privacy.com raises $43m and rebrands as Lithic
Lithic has raised a total of $61m to date and has issued over ten million cards.
