Video: Top fintech stories this week – 19 June 2020
FinTech Futures’ weekly news round-up.
FinTech Futures’ weekly news round-up.
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The San Francisco-based challenger has landed a $40 million Series D.
The firm says it will fund, mentor and use the fintechs’ products.
Co-founder & CEO of Plum offers his insights on how COVID-19 affects savings.
The bank has raised $27m since being founded in 2018.
Until this announcement, its P2P lending investment service has been exclusive.
Forward Partners, MMC and Alliance Ventures participated in the round.
The Securities and Exchange Commission of Pakistan received 32 applications.
The value of the round has not been disclosed.
The raise was initially interrupted by COVID-19.
The round was led by Fintop Capital and Next Frontier Capital.
Financial data fintech plans US expansion.
The UK company is expanding to Australia, South Africa and the US.
The start-up will expand beyond Western Europe.
Left Lane Capital led the new round, brining M1’s total raised to $55m.
The Islamic finance industry is set to grow to $3.8tn by 2022.
Up to 12 winners will be selected to receive in prize money.
The Dubai-based innovation centre plans for Series A injections to come.
All three co-founders have taken exit options from Aviva’s investment.
FinTech Futures’ weekly news round-up.
New York-based cloud communications firm Cloud9 Technologies has raised $17.5 million is a Series B funding round.
We talk to some of the winners of last year’s PayTech Awards to see how they have fared since then.
SoftBank’s COO says the fund will help create “a new generation of founders”.
To date, the fintech has raised $419.4 million.
As part of the deal Tink will cover all countries in EEA for PayPal.
Lifecycle management firm secures first external capital raise.
The start-up has issued 8.74% in equity to investors.
The fintech says it has more than one million subscribers in just one year.
TIS will use the investment from Aquiline and 83North for its global expansion.
The company’s subsidiary Probanx Solutions has bought 16.5 million NSX shares.
The firm is also looking to hire between 40-50 new developers.
The start-up offers an integrated SaaS product for lenders.
FinTech Futures’ weekly news round-up.
Marqeta’s customers include Square, Uber, Instacart and DoorDash.
Goldfinch Partners is taking control of more than 80% of the fintech.
The round was led by JTC and Merian Chrysalis Investment Company Limited.
“We began our journey in a kitchen trying to lend our own money,” says start-up.
Groupe BPCE has been one of Meniga’s largest customers since 2018.
The fintech says its Series C has raised nearly $200 million.