ICYMI fintech funding round-up: Fintoc, Bokra, RockFi, Bump and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
News, intelligence and resources on the global fintech industry including topics such as investment & funding.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
The funds will enable Midas to introduce mutual funds, savings accounts and crypto trading.
The Paris-based start-up has been in stealth mode since 2022.
The start-up secured a $75m warehouse facility expansion alongside the round.
The investment will be used to fuel Fortis’ planned expansion into the MENA region.
The market appears to be investing in anything that moves with the letters “AI” in it.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Our pick of the top fintech news stories this week includes Klarna, Ramp, Zopa and more.
The Berlin-based fintech now seeks to expand its cards-as-a-service product to markets beyond the EU.
The fintech plans to launch a credit-builder card, loans and an AI-powered financial advice coach this year.
The round adds to the $300m Ramp raised in its Series D round in August 2023 at a valuation of $5.8bn.
Following the recent fundraise, Flatpay’s valuation has now surpassed €100 million.
The fintech claims it provides “a much-needed alternative to banks for European SMBs looking for financing support”.
As part of the deal, Algbra has also partnered with SC Venture’s climate-focused savings platform, Shoal.
The company had previously announced the tender offer to provide employee liquidity in February.
Schulman departed his role as president and CEO of PayPal at the end of last year.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
FloQast claims its flagship offering, the Accounting Operations platform, serves over 2,600 accounting teams worldwide.
Parafin previously raised $60 million in a Series B funding round led by Singapore’s GIC in 2022.
Hokodo says the financing will enable it to facilitate over €1.5 billion in B2B transactions over the next two years.
The $7.3 billion raised this quarter marks the lowest figure recorded since the pandemic began in 2020.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
The round was led by UK-based LeapFrog Investments and supported by Aavishkaar Capital.
The company plans to use the new cash injection to fuel its US expansion plans.
The Swedish start-up says the financing will “immediately” be made available to fintech lenders through its platform.
Core story: GOLD GETTERS – The Olympics and fintech make the perfect team.
The new cash injection adds to the $20 million Constantinople previously raised via its May 2022 seed round.
NewRetirement says it will use the funds to scale its enterprise financial planning product.
Our pick of the top fintech news stories this week includes Robinhood, Mastercard, Visa, Ant Group and more.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
DealStreetAsia reports that Ant Group has now invested over $500 million in total in Anext Bank.
Uzum says it will look to raise an additional $200 million in a Series B funding round later this year.
Fintel has a two-year option to purchase the remaining 30% stake in ifaDASH for an agreed multiple of EBITDA.
Founded in 2018, this latest capital injection takes its total funding to $155 million to date.
GSS says the new funding coincides with its “transition from the development phase to the operational phase”.
The Cologne-based fintech start-up plans to use the funding to expand into new European markets.
Over £1bn of investment has been facilitated to businesses since the launch of the first NPIF in 2017.
The funding round consists of $25 million in equity capital and $67 million in committed debt capital.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
The round consists of $50 million in debt financing and $36 million in equity.