Tagged: investment

June 25, 2019 @ 8:56 am By Samantha Hurst  |  

UK-based challenger bank Monzo announced on Monday it secured £113 million through its latest investment, led by Y Combinator Continuity and Latitude. The round of funding reportedly brings the platform’s valuation to £2 billion.  The news about Monzo’s latest investment round comes just six months after the… Read More

June 24, 2019 @ 1:34 pm By Samantha Hurst  |  

Blend, a U.S.-based mortgage tech company, announced on Monday it secured $130 million through its Series E funding round, which was led by Temasek and General Atlantic. Founded in 2012, Blend claims it works with banks and lenders to power frictionless, compliant, and more accessible… Read More

June 24, 2019 @ 7:09 am By Samantha Hurst  |  

Nordea Bank recently announced ith as invested in e-commerce startup, Mondido. Founded in 2014, Mondido claims it offers a simple and fast way to start accepting payments on websites and mobile apps while offering features for analyzing and increasing sales. “Merchants and web shops can… Read More

June 21, 2019 @ 7:40 am By Samantha Hurst  |  

Plaid, a U.S.-based fintech startup, announced on Thursday the launch of its new product, Investment, which enables developers, fintech apps, and financial institutions to create detailed views of customer investments. According to Plaid, Investments allows customers with financial data to inform a consumer’s understanding and… Read More

June 19, 2019 @ 3:50 pm By Samantha Hurst  |  

Bitrefell, a company that provides digital gift cards and mobile airtime refills to 170 countries using Bitcoin technologies, recently announced it secured $2 million through its latest seed funding round, which was led by  Coin Ninja, with participation from Charlie Lee, Fulgur Ventures, and Bnktothefuture. Founded in2014,… Read More

June 18, 2019 @ 12:23 pm By Samantha Hurst  |  

Tally, a U.S.-based financial automation company, announced on Tuesday it secured $50 million through its Series C funding round, which was led by Andreessen Horowitz (a16z). The funding round brought the total amount invested into the company to $92 million. Previous investors Kleiner Perkins, Shasta Ventures,… Read More

June 14, 2019 @ 10:23 pm By Samantha Hurst  |  

Augmentum Fintech plc (LSE: AUGM) announced this week it has invested  £8.5 million across three companies that are in its portfolio. Founded in 2018, Augmentum Fintech claims to be one of Europe’ leading venture capital investors that is focused on the fintech sector. The company… Read More

June 13, 2019 @ 9:58 am By Samantha Hurst  |  

 Spring Labs, the company developing a blockchain-based platform designed to transform how information and data are shared globally, announced last week it raised $23 million through its Series A funding round, which was led by GreatPoint Ventures with participation from existing investors, including August Capital,… Read More

June 11, 2019 @ 11:39 am By Samantha Hurst  |  

U.S. fintech Brex announced on Tuesday it secured $100 million through its latest investment round, which was led by Kleiner Perkins Digital Growth Fund. This round of investment comes just a couple of months after Brex received $100 million debt capital investment from Barclays Investment… Read More

June 10, 2019 @ 2:27 pm By Samantha Hurst  |  

Alkami, a U.S.-based fintech, announced on Monday it secured $55 million through its Series E funding round, which was led by led by General Atlantic with participation from existing investors, including S3 Ventures and Argonaut Private Equity. As previously reported, Alkami was founded in 2009… Read More

June 7, 2019 @ 8:48 pm By Samantha Hurst  |  

UK-based insurtech Wrisk completed its latest equity crowdfunding campaign on Seedrs with a total of £978,682. The funding round was launched earlier this spring, originally seeking £750,000. The startup raised £1 million through its second Seedrs initiative less than a year ago.  As previously reported,… Read More

June 6, 2019 @ 1:52 pm By Samantha Hurst  |  

Payments platform Stripe announced on Thursday it is leading a $22.5 million Series A funding round for Step, a U.S. fintech that provides teens and families with tools for modern-day banking and promotes financial literacy. According to Stripe, additional investors participating in Step’s current funding… Read More

June 6, 2019 @ 7:46 am By Samantha Hurst  |  

Getsafe, a Germany-based insurtech startup, announced on Thursday it secured $17 million through its Series A funding round, which was notably led by Earlybird with participation from CommerzVentures and other existing investors. Founded in 2014, Getsafe claims it is looking to reinvent insurtech and is… Read More

June 4, 2019 @ 2:10 pm By Samantha Hurst  |  

Online lending platform Biz2Credit announced on Tuesday it secured $52 million through its Series B funding round, which was led by WestBridge Capital. Founded in 2007, Biz2Credit is on a mission to provide small businesses with lending solutions throughout their lifecycle in a flexible and… Read More

June 4, 2019 @ 10:58 am By Samantha Hurst  |  

Following its registry in Switzerland, Facebook’s crypto payments solution, Libra Networks, is reportedly seeking $1 billion in investments. As previously reported, Libra was notably registered on May 2nd and aims to provide financial and technology services, as well as develop related hardware and software. The… Read More

June 4, 2019 @ 9:21 am By Samantha Hurst  |  

Tink, a Sweden-based fintech that provides APIs to create next-generation banking services, announced on Tuesday it received a strategic investment from PayPal (NASDAQ: PYPL) to continue its expansion across Europe. Tink reported that with the investment, PayPal has agreed to partner with it to use… Read More

June 3, 2019 @ 8:27 am By Samantha Hurst  |  

WorldRemit, a UK based Fintech in the digital money transfer sector, announced on Monday it secured $175 million through its Series D funding round, which was led by existing investors TCV, Accel and Leapfrog Investments. Founded in 2010, WorldRemit describes itself as a global lead-in… Read More

May 29, 2019 @ 4:01 pm By Samantha Hurst  |  

ChargeAfter, a global network that enables retailers to match their consumers with credit and financing offers, announced on Wednesday it secured $8 million during its Series A funding round, which was led by Propel Venture Partners, with participation from PICO Venture Partners, the Plug and… Read More

May 28, 2019 @ 4:09 pm By Samantha Hurst  |  

SeedLegals, a Legaltech platform for startup funding rounds, announced on Tuesday it secured $4 million through its Series A funding round, which was led by venture capital firm Index Ventures with participation from Kima Ventures, The Family and existing investor Seedcamp. Founded in 2017, SeedLegals… Read More

May 28, 2019 @ 2:35 pm By Samantha Hurst  |  

Swedish fintech startup Open Payments announced on Tuesday it secured 1.2 MEUR through its latest seed funding round, which included investments from Brightly Ventures, Luminar Ventures, and selected angel investors. Founded in 2017, Open Payments provides what it believes the “groundbreaking market infrastructure” that is… Read More