Danish edtech Female Invest targets UK expansion with $1.6m fresh capital
“It makes a big difference when you see someone like you on a platform.”
“It makes a big difference when you see someone like you on a platform.”
The banks will have access to a dedicated Wells Fargo relationship team.
FinTech Futures’ weekly news round-up.
The undisclosed amount of funding will help the paytech scale.
The fund will invest in high-growth potential start-ups to scale up across the continent.
It initially launched its platform publicly late last year after raising $1.5 million in funding.
We round up some of the funding rounds that may have slipped you by.
A report says Klarna is currently working on a half a billion new share issue.
Currently, the start-up makes money on partial interchange fees.
Findr was launched at the end of October 2020 by resident FinTech Futures expert, Greg Watts.
UK scale-up has taken 25% stake with a view to nabbing 80% soon.
Spanish banking giant ditches Finnish business bank, sells back to founder
Monzo is on the cusp of five million customers.
It has already exceeded its £100,000 target, having raised £146,006 at time of writing.
Tickr focuses on climate change, social impact and disruptive tech.
Featuring Stash, Built, LeaseLock, Valon Mortgage, and Metromile.
Stash’s last valuation sits at around $812 million.
FinTech Futures’ weekly news round-up.
The start of February has seen a whole host of funding rounds around the world.
Global Ventures’ portfolio covers payment acceptance, digital wallets, credit and trading.
Allegations allege Robinhood succumbed to pressure from big-paying hedge fund clients.
The Series A funding round brings NymCard’s total investment to $12 million to date.
CapBay offers short-term financing to “businesses of all sizes” through its “proprietary credit-decisioning model”.
Partners already include AFEX and MoneyCorp.
The co-founders aim to democratise Nigerians’ access to savings and investment products.
$15m for open banking payments platform Token and $9.4m for trade finance tech specialist Tradeteq.
The challenger’s eventual aim is to go public in the coming years.
Featuring Albert’s $100 million Series C funding round and Crux Informatics’ $36 million convertible note.
Featuring Robinhood, Nubank, Melio Payments, Albert and Rhino.
Germany-based Compeon lands €15 million and France-based SESAMm – €7.5 million.
Check says it already works with 100,000 small businesses in the US
Brazilian challenger reaches $1.8 billion in total funding raised.
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”.
Two-year-old Fast has enjoyed exponential growth in the last year.
The Spac is eyeing up fintech, wealth management and gaming sectors.
The funding round was led by Pan-African early-stage venture capital firm, TLcom Capital.
German wealthtech has raised €14.9 million since 2017.
Hakbah aims to “modernise and ease” savings in Saudi Arabia.