Spanish challenger Bnext lands another €11m
The new capital adds to its already closed €22.5 million last October.
The new capital adds to its already closed €22.5 million last October.
The fintech last raised funding in July 2019.
The firm wants to turbocharge its offering, customer base and geographical presence.
It will use the proceeds to expand its cloud-based Software-as-a-Service.
The challenger aims to launch in the first quarter of 2021.
FinTech Futures’ weekly news round-up.
The remittance market is set to suffer from the pandemic.
DPO is the largest online commerce platform operating across Africa.
“All the banks see is risk,” Slice’s CEO Rajan Bajaj tells FinTech Futures.
The fintech’s valuation sits at around $115 million.
Bow Capital Management is also aiming to raise $350m for a tech focused Spac.
Deutsche wants more European banks to invest in the platform.
The firm says it’s seen a 43% uplift in its value since May 2019.
It brings the firm’s Series B round to $125 million.
Some £12 million of its Series A counts for equity, whilst the rest is debt.
FinTech Futures’ weekly news round-up.
The start-up says it has more than $2 billion under management on its platform.
The anti-fraud AI firm has raised $90m to date.
The fresh capital adds to an extended $11 million Series A raise.
Bueno promises a range of services to manage second homes.
The UK bank is acquiring an undisclosed minority equity stake in Form3.
The fintech plans to boost the deployment of its TWINNTM system.
The Palo Alto, California-based start-up is valued in the investment at $1.5 billion.
To date, Plum has raised $19.3 million.
Last year, Orient Bank reported a net loss equivalent to $284,374.
Policybazaar expects to return to profitability by the end of this year.
Moneybox has raised £50 million since 2016.
The start-up has issued around five million virtual card numbers.
Investor Standard Chartered says “digital assets are here to stay”.
Seven social investors took part.
Bond’s offering is based on “developer-focused” applications.
Its Series F stands at $600 million.
The start-up still needs to close $5 million.
Chinese commercial bank buoyed by good 2019 results.
The Oakland, California firm is tapping up investment banks.
The start-up is applying for a UK banking licence.
It aims to increase the proportion of non-white executive hires to 30% from 20%.
The finding could peg Taulia’s valuation at $400m.
FinTech Futures’ weekly news round-up.
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