SME payments firm SpotOn to build on growth with $40m funding
The fintech has grown by more than 400% in 12 months.
Investment & Funding
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.
Betterview expands team with $4.5 million Series A round
Property risk management platform has raised $10 million to date.
Digital investing service Wealthsimple raises $100m
Allianz X led the investment round.
Zero closes $20m Series A to serve 200,000-strong waitlist
Offers a combination of debit and credit card.
Top fintech stories this week – 24 May 2019
TransferWise just became even bigger, Nuvei Bidco acquires SafeCharge, and more!
Student digital current account Loot enters administration
The fintech collapsed after a sale to RBS fell through.
Card issuing platform Marqeta goes to Series E with $260m
This puts the company’s valuation at nearly $2 billion.
Conversational AI firm Clinc raises $52m
The Series B round brings the Ann Arbor, Michigan-based fintech’s total capital to $60 million.
DevOps firm CloudBees gets capital injection from HSBC
HSBC uses CloudBees Core platform for its software delivery system.
Video: fintech news weekly round-up – 20 May 2019
Fintech investments, and how Brits use fintech services!
Major banks pledge $50m to develop digital cash settlement system
The names of the banks have not been disclosed.
OpenFin raises $17m for financial desktop innovation
This brings OpenFin’s total funding to $40m.
ABN AMRO joins investors helping Tealium target global expansion
Tealium’s AudienceStream platform connects customer data in one place.
Top fintech stories this week – 17 May 2019
SoftBank’s big investment, as well as BCR’s pool B… and more!
Citi backs ChartIQ’s desktop integration technology
Undisclosed investment adds to $17.4 million Series B round.
KOHO closes $42m for alternative fintech
Led by Portag3, who supported its Series A.
The ID Co. lands $2m
Bringing its total funding to $11 million.
MasterQueue closes first round of funding
The amount of the investment is undisclosed.
ClickSwitch simplifies recurring payments with $13m funding
The Series B was led by Commerce Ventures and Point72 Ventures.
Nationwide, Investec and Co-op Bank share £80 million BCR grant pool
All three commit to modernise and improve business banking for SMEs.
Business card management platform Pleo raises $56m
It follows last year’s $16m Series A.
Credit and payments app Twisto raises €14m
As it tries to expand throughout Central and Eastern Europe.
Five imperatives to help you scale your fintech
Practical advice for any fintech wanting to accelerate growth.
