US fintech Caribou lands $115m Series C at $1.1bn valuation
Caribou will use the new funding to invest in its platform, expand its team and develop new products.
Caribou will use the new funding to invest in its platform, expand its team and develop new products.
M1 will deploy Thought Machine’s Vault Core to launch products from one unified, coherent “source of truth”.
Klarna CEO says he remains “relentlessly optimistic” about the firm’s future.
TransferMate will use the funding to expand its teams globally and develop its technology and product offering.
SpotOn has raised $928 million in funding to date.
Allegacy FCU says partnership will “make data actionable, unlock predictive insights and drive innovation”.
The Minnesota-based lender will move to Fiserv to meet the complex loan servicing needs of its shareholders.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Starling Bank CEO Anne Boden delivered a keynote speech at the Finovate Spring conference in San Francisco.
The acquisition is expected to close in H1 2022.
Current’s platform API enables fintechs to build embedded financial services solutions quickly and easily.
The appointment follows the company’s recent expansion into North America and APAC.
The company intends to use the capital to “make it even easier for companies to launch and succeed”.
The two firms aim to develop digital banking solutions that will help banks tackle climate change.
Thought Machine’s valuation has doubled since its Series C in November last year, when it raised $200 million.
Hawaii State FCU will go live on Lumin Digital’s platform in June 2022.
The company’s mission is “to bridge the world of traditional finance, blockchain and decentralised finance”.
Nomad previously raised a $20 million Series A round in July 2021.
Lightspark aims to “explore, build and extend the capabilities and utility of Bitcoin”.
The Series A cash will go towards expanding Elwood’s product offerings and global operations.
The Series F pegs Chainalysis’ valuation at $8.6 billion.
Zaki will lead strategic partnerships for the fintech firm as part of his new role.
Altro aims to help people build credit through recurring payments and subscriptions such as Netflix and Hulu.
Appian believes the $2 billion judgement is the largest award in Virginia state court history.
Global investment manager Franklin Resources and fintech-focused investment firm Motive Partners participated.
Solidus Labs enables safer crypto trading across centralised and DeFi markets through its solutions.
We’re launching a new virtual event, FinTech Futures Edge: PayTech, taking place on 21 July.
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 SVB Financial Group and Piper Sandler Merchant Banking.
Our weekly fintech round-up for you to get the latest funding news from around the world.
The new facility follows a $50 million Series D raise in October 2021.
The CFPB alleges BofA unlawfully garnished at least 3,700 out-of-state accounts since August 2021.
The round was led by Jump Crypto with participation from Circle Ventures, IDG Capital and Matrix Partners.
The collaboration seeks to address supply chain financing friction and cashflow challenges.
Existing investors Andreessen Horowitz, PayPal and Fidelity also took part in the round.
According to Bloomberg, Thoma Bravo has held initial takeover talks with the Swiss banking software provider.
Founded in 2015, GradFin offers advisory solutions for people wanting assistance with their student loan debt.
Hopscotch, founded in June 2021, has raised nearly $10m from 12 investors.
CEO Doug Ludlow cites “today’s incredibly rough market” as the reason for the layoffs.