Fintech funding deals globally 8-14 February 2021
Featuring Fraction, BharatPe, Agibank, Monzo, and Coinsquare.
Featuring Fraction, BharatPe, Agibank, Monzo, and Coinsquare.
SoLo brought in $12m, which includes a $2.8m seed round and a series of convertible notes.
It provides a true illustration and understanding of how funds move on the networks.
Nelson spent 23 years at Bank of America.
The bank cites “growing client demand for digital assets”.
Nymbus is gearing up to launch “Nymbus Labs”.
FinTech Futures’ weekly news round-up.
We round up some of the funding rounds that may have slipped you by.
ION Group has bought a handful of other firms to date.
Currently, the start-up makes money on partial interchange fees.
Southwestern US bank picked SilverLake after feedback from its peers.
Neeraj Singh replaces retiring Torben Ostergaard.
The start-up wants to become a full-service community bank.
Terafina marks NCR’s third acquisition this year.
Silicon Valley-based institution looks to the future with digital vendor.
Between last October and December, revenue was up 38%, to $54 million.
Featuring Stash, Built, LeaseLock, Valon Mortgage, and Metromile.
The US firm is expanding its treasury tools for corporates.
Stash’s last valuation sits at around $812 million.
This month, the start-up opened its waiting list.
Payoneer is reportedly profitable and expects to pull in $432 million in revenues this year.
FinTech Futures’ weekly news round-up.
The start of February has seen a whole host of funding rounds around the world.
2020 set unprecedented records for PayPal, but its 2021 outlook is more conservative.
“Vaccination is the most important economic policy for 2021,” says Botín.
First Horizon to deploy Finxact in its subsidiary brand VirtualBank
Rates of up to 7.4% annual percentage yield (APY) will apply.
The fintech has been the subject of much IPO talk.
Sarah Howell joins as chief alliance officer, while Larry McClanahan is chief product officer.
Allegations allege Robinhood succumbed to pressure from big-paying hedge fund clients.
Clarity Money is due to close on 5 March.
Ripple has maintained that XRP is not a security and has vowed to fight the SEC charges.
Barclays’ 2021 cohort includes four data-focused fintechs.
Partners already include AFEX and MoneyCorp.
Featuring Albert’s $100 million Series C funding round and Crux Informatics’ $36 million convertible note.
Featuring Robinhood, Nubank, Melio Payments, Albert and Rhino.
Check says it already works with 100,000 small businesses in the US
FinTech Futures’ weekly news round-up.
Lending start-up plans extra growth after round led by QED Investors.
US-based insurtech believes the industry is set for “explosive growth”.