Currencycloud raises around £32m
Investors in the first part of the Series E round have not been disclosed.
Investment & Funding
Sensibill raises $31.5m for AI-driven banking solution
The Toronto firm targets freelancers and entrepreneurs.
Silicon Valley Bank lends $300m to innovative Irish companies
It will bring the total amount brought to the Irish market to $500m by 2024.
ConnexPay raises $7m Series A round
The travel payment start-up will use the funds to continue developing its tech.
Citi and Vasakronan execute first MTN on Origin
The pair successfully raised AU$30 million using the debt origination platform.
Suncorp welcomes its digital incubator winners Eggy and Paypa Plane
The first program will see the fintechs ideas come to life.
Top fintech stories this week – 28 June 2019
The very best fintech news this week!
Anti-fraud firm Bleckwen kicks it off with $10m funding
A great way to come out of stealth.
Open hits $50m funding for SME banking
The Indian fintech will use the funds to scale up the team.
AI imaging platform Ocrolus closes $24m funding round
The document analysis solution combines machine processes with human intelligence.
New blockchain tech firm Atlas City Global lands $4m investment
Catalyst Network is “open source, fast, light, secure, scalable” and accessible to .Net developers.
Blend raises $130m for digital loans
The lendtech has also welcomed new execs.
MX raises $100m for data tech boost
Funds will be used to focus on clean data.
Top fintech stories this week – 21 June 2019
From JP Morgan’s secret UK digital bank project to MoneyGram and Ripple’s partnership.
Token lands $16.5m funding round
It will use the funds to build on its TokenOS open banking platform.
MoneyGram agrees $50m partnership with Ripple
The strategic partnership will have an initial term of two years.
IBM launches Hyper Protect Accelerator for pre-Series A start-ups
15 early-stage, pre-Series A start-ups from both fintech and healthtech will be selected for the program
SecurityScorecard continues growth with $50m funding
The company has raised a total of $110 million to date.
Top fintech stories this week – 14 June 2019
This week, we look at the FCA’s new rules, SoftBank’s investment, and the World Bank’s new tech.
Symphony goes global to the tune of $165m funding
Standard Chartered, MUFG and other existing investors participated in the round.
Sure secures $23.1m Series B funding
The funds will enable the company to scale-up its business.
In-store credit firm Sunbit attracts $26m funding
The company wants to target health and safety-related markets.
SME payments firm SpotOn to build on growth with $40m funding
The fintech has grown by more than 400% in 12 months.
KnowBe4 reaches $1bn valuation with latest investment round
The cybersecurity firm has raised a further $300 million.
Video: fintech news weekly round-up – 11 June 2019
This week, news about JP Morgan’s Chase, Visa, and more!
Paysend secures $4.2m crowdfunding for global expansion
The round hit its target in less than 72 hours.
Synapse receives $33m for back-end fintech
The San Francisco-based start-up expects integrations with Visa and MasterCard.
Halo raises $12m to democratise structured notes investing
The platform aims to make investment available to everyone, not just high net-worth investors.
Step receives $22.5m Series A funding
Challenger for teens’ waiting list has surpassed half a million people.
BanQu closes extension on $2.6m Series A
The amount of the extension remains undisclosed.
Impact investing can unlock the potential of blockchain in Africa
Blockchain can have an exponential positive impact on the lives of low income communities in Africa.
Enterprise cloud platform Liveoak closes $8m Series A round
The investment will fund product development and global expansion.
Video: fintech news weekly round-up – 5 June 2019
News on CIBC, NAB and Bank Leumi alliance, SoFi funding and more!
Tink secures strategic investment from PayPal
The investment from PayPal adds $11.2 million to Tink’s capital.
eBay launches cash flow loans with Asto
The app will provide eBay small business customers with a simple cash flow loan when they need it.
Why investors must stop hunting unicorn start-ups and start nurturing zebras
Balancing societal and investor wealth appeals to customers in the age of climate change and political awareness.
Top fintech stories this week – 31 May 2019
The first Amadeus event on payments, a new Indonesian payment standard, and more!
Dashlane closes $110m funding for password protection
And appoints new CMO.
SoFi confirms $500m investment led by Qatar
SoFi’s total capital now stands at $2.3 billion.
Crowdz raises $5.5m to launch industry-first global invoice exchange
Aims to revolutionise receivables market for SMEs.
