Tencent buys 5% stake in Aussie fintech Afterpay
It puts Afterpay at a market capitalisation of more than AUD 8 billion ($5.1 billion).
It puts Afterpay at a market capitalisation of more than AUD 8 billion ($5.1 billion).
In addition to WeWork, it also blamed the losses outside of the Vision Fund on OneWeb.
Sean Hunter CIO at OakNorth, offers his advice to companies struggling to make a partnership work.
Existing backers inlude Citi and Commerzbank.
The investment comes after UK car production dipped by more than a third last month.
This month Stash also surpassed $1 billion in assets and 4.5 million users.
It’s January investment in Lagos-based Flutterwave marks the first investment.
Dorfman joins fellow shareholder in Snoop, Salesforce Ventures.
“We’re opening the door to another level of innovation,” says founder.
The latest round will see Cross River Bank offer tech to venture capital firm in Malaysia.
The 8-figure Series B funding round began as an exclusive opportunity for the company’s initial investors.
Chip managed to raise £2.6 million from 4,240 investors.
The money came from unnamed institutional investors, including pension funds.
The fintech is already backed by PayPal co-founder Peter Thiel and Mastercard.
Last year saw the fintech raise £1 million in just 77 seconds.
“Hong Kong, a financial capital of Asia, is ripe for innovation,” says SoFi’s CEO.
The fresh capital will initiate an “aggressive growth” plan to achieve pan-European coverage.
More than 40 financial institutions use BioCatch’s technology.
The new capital will help the firm gain a Swiss broker-dealer licence.
German firm secures one of the largest Series B funding rounds the region has ever seen.
Start-ups can apply for loans between £125,000 and £5 million.
Payment unicorn plans acquisitions, partner programmes, and more.
Understanding where the industry stands at present in terms of the gender gap is essential to trying to address it.
FinTech Futures’ weekly news round-up.
Stripe recently added Zoom as one of its main customer.
It apparently made $60 million in March – triple what it made in March 2019.
The start-up wants to create an alternative “identity verification” layer for the internet
In the next five years, Previse wants to get five million suppliers paid instantly.
Originally planned for Q3 of 2020, the fintech brought the launch forward
The capital raise was led by AlbionVC.
The UK fintech combines big data, blockchain and crypto into ‘Big – Crypto’.
The new round comes as a top-up to a $24m injection from November 2019.
The regtech firm gained extra capital from Japanese VC Global Brain.
The round was led by New Vision 3, an early-stage VC based in Bulgaria.
Acorns says the fintech is “revolutionising” access to wealth management.
A look back at some of the biggest deals this past quarter.
A look back at some of the biggest investments this past quarter.
FinTech Futures’ weekly news round-up.
The new platform founded has been created by venture firm Blossom Capital.
The package is one of the most fintech-specific aid offerings seen so far.