Payfone identity verification firm lands $100m
The firm uses mobile data to create a “trust score”.
Investment & Funding
Video: Top fintech stories this week – 19 June 2020
FinTech Futures’ weekly news round-up.
COVID-19: will fintechs crash, survive or get bought?
What can fintech firms do to ride out the storm?
Santander gets US challenger bank Upgrade to unicorn status
The San Francisco-based challenger has landed a $40 million Series D.
Chargeback raises $6.6m in Series A funding
The round was led by Fintop Capital and Next Frontier Capital.
M1 Finance raises $33m in Series B funding
Left Lane Capital led the new round, brining M1’s total raised to $55m.
Halal fintech Wahed lands $25m from Saudi Aramco’s venture arm
The Islamic finance industry is set to grow to $3.8tn by 2022.
Video: Top fintech stories this week – 05 June 2020
FinTech Futures’ weekly news round-up.
Cloud9 Technologies secures $17.5m in Series B funding
New York-based cloud communications firm Cloud9 Technologies has raised $17.5 million is a Series B funding round.
Varo raises $241m Series D with new investor Gallatin Point Capital
To date, the fintech has raised $419.4 million.
Tink lands second strategic investment from PayPal
As part of the deal Tink will cover all countries in EEA for PayPal.
Appway raises $37 million in equity funding from Summit Partners
Lifecycle management firm secures first external capital raise.
Financial text message platform Stackin’ lands $12.6m
The fintech says it has more than one million subscribers in just one year.
TIS raises $20m for its B2B payment platform
TIS will use the investment from Aquiline and 83North for its global expansion.
Credit fintech Curu lands $3m in seed funding
The start-up offers an integrated SaaS product for lenders.
Video: Top fintech stories this week – 29 May 2020
FinTech Futures’ weekly news round-up.
Canadian data start-up Cinchy lands $10m Series A
The start-up helps banks avoid the security risk of replicating data.
Remote work start-up Deel scores $14m series A led by Andreessen Horowitz
Andreessen general partner, Anish Acharya, is joining the San Francisco-based company’s board.
Smarterly secures £7m in Series A funding round
Some of the investment was used to complete the recent acquisition of Salvus.
What the Fintech? Episode 5 | Digital disruption: innovation in investments
CEO of the investment trading app, Evarvest, reveals the timeline of its launch in the UK.
Global fintech sees worst Q1 since 2016 for VC-backed deals
The quarter saw just 404 deals and ended on $6.1 billion.
SS&C Technologies acquires Innovest Systems in $120m deal
The transaction is expected to close in Q2 2020.
What the Fintech? Episode 4 | Partnerships: till death do us part
Sean Hunter CIO at OakNorth, offers his advice to companies struggling to make a partnership work.
FIS sets up $150m fintech start-up fund
It’s January investment in Lagos-based Flutterwave marks the first investment.
Cross River Bank raises $100m in Series C funding
The latest round will see Cross River Bank offer tech to venture capital firm in Malaysia.
LenderClose secures funding from Financial Plus Credit Union
The 8-figure Series B funding round began as an exclusive opportunity for the company’s initial investors.
Video: Top fintech stories this week – 17 April 2020
FinTech Futures’ weekly news round-up.
2020 Review: Top 10 M&A deals this quarter
A look back at some of the biggest deals this past quarter.
2020 Review: Top 10 funding rounds this quarter
A look back at some of the biggest investments this past quarter.
Video: Top fintech stories this week – 10 April 2020
FinTech Futures’ weekly news round-up.
Cultivate investor platform aims for Silicon Valley in Europe
The new platform founded has been created by venture firm Blossom Capital.
Visa pours $210m into the coronavirus effort to help SMEs
Visa will split the money between NGOs and investment partners.
Banking Technology April 2020 issue out now
All things equal: Closing the gender gap in fintech.
Ask the expert: how can I create a winning investment strategy?
Now could actually be a good time to for fintechs to accelerate their investment efforts. Let me explain why and how.
Stripe leads $20m Series A into ecommerce checkout service Fast
Jumping from a $2.5 million raise to a $20 million investment in a few months is fast.
Global fintech funding: 2018 still stands as the reigning year
As of February 2020, year-over-year deal counts were down by 22%.
SpotOn raises $50 million in Series B featuring former Twitter CEO
Payments firm plans to extend product development.
SME challenger bank NorthOne raises $21m Series A
New York-based challenger plans to splash the cash on customer acquisition.
A look beyond the big numbers
The devil is often in the detail.
Banking Technology March 2020 issue out now
Keep calm and carry on: Where does COVID-19 leave the Chinese fintech market?
