BanQu closes extension on $2.6m Series A
The amount of the extension remains undisclosed.
Investment & Funding
Delio to provide start-up funding platform for Fintech Alliance
Companies and investors will be able to connect directly.
Top fintech stories this week – 7 June 2019
The FCA introduces new rules for P2P platforms, while Tink secures investment from PayPal, and more!
Impact investing can unlock the potential of blockchain in Africa
Blockchain can have an exponential positive impact on the lives of low income communities in Africa.
Credit Agricole plans €15bn tech investment in four years
“100% of emerging technologies” will be tested for new services.
Enterprise cloud platform Liveoak closes $8m Series A round
The investment will fund product development and global expansion.
Video: fintech news weekly round-up – 5 June 2019
News on CIBC, NAB and Bank Leumi alliance, SoFi funding and more!
Tink secures strategic investment from PayPal
The investment from PayPal adds $11.2 million to Tink’s capital.
TrueLayer gains $35 million investment
Chinese tech giant, Tencent Holdings, led the latest round of funding.
Biz2Credit closes $52m Series B round
Bix2X platform aims to improve access to working capital for SMEs.
WorldRemit drives growth with $175m funding
Diversification and a new SME product are on the cards.
eBay launches cash flow loans with Asto
The app will provide eBay small business customers with a simple cash flow loan when they need it.
Why investors must stop hunting unicorn start-ups and start nurturing zebras
Balancing societal and investor wealth appeals to customers in the age of climate change and political awareness.
Money20/20 Europe 2019 – Day 1, innovation station
The quicker we are to innovate and implement new features and tech, the better.
Regtech Konsentus closes multi-million-pound pre-Series A round
The financing round was led by Mastercard.
Top fintech stories this week – 31 May 2019
The first Amadeus event on payments, a new Indonesian payment standard, and more!
Dashlane closes $110m funding for password protection
And appoints new CMO.
SoFi confirms $500m investment led by Qatar
SoFi’s total capital now stands at $2.3 billion.
Yapily welcomes $5.4m for API platform
The London fintech has seen its niche in open banking.
Crowdz raises $5.5m to launch industry-first global invoice exchange
Aims to revolutionise receivables market for SMEs.
SeedLegals raises $4m to help start-ups save money
The platform automates the fundraising process.
Betterview expands team with $4.5 million Series A round
Property risk management platform has raised $10 million to date.
Identiq launches privacy-first identity validation network, raises $5m
The first solution designed to address growing sensitivities around data privacy.
Regtech ClauseMatch closes $2.5m venture debt funding with SVB
The money will fund further expansion into Europe and Asia.
Teen banking fintech Pixpay raises €3.1m launch funding
The Paris-based start-up was founded four months ago.
Digital investing service Wealthsimple raises $100m
Allianz X led the investment round.
Zero closes $20m Series A to serve 200,000-strong waitlist
Offers a combination of debit and credit card.
Video: fintech news weekly round-up – 28 May 2019
News on Facebook, Monzo, Transferwise, and more!
Top fintech stories this week – 24 May 2019
TransferWise just became even bigger, Nuvei Bidco acquires SafeCharge, and more!
Modulr completes scale-up investment round of £14m
Taking the total amount raised by Modulr to £24 million.
Student digital current account Loot enters administration
The fintech collapsed after a sale to RBS fell through.
Card issuing platform Marqeta goes to Series E with $260m
This puts the company’s valuation at nearly $2 billion.
TransferWise doubles its valuation to $3.5bn
International payments firm raised $292 million in secondary funding.
Conversational AI firm Clinc raises $52m
The Series B round brings the Ann Arbor, Michigan-based fintech’s total capital to $60 million.
DevOps firm CloudBees gets capital injection from HSBC
HSBC uses CloudBees Core platform for its software delivery system.
Wagestream raises £40m for “get-paid-as-you-earn” service
It is the UK’s largest pool of social impact investment.
Lloyds announces new digital tech hub in Edinburgh
Plan will create 500 high-skilled jobs over next 18 months.
Facebook eyes payments market with new Swiss fintech
Social network has registered the company in Geneva.
Video: fintech news weekly round-up – 20 May 2019
Fintech investments, and how Brits use fintech services!
Major banks pledge $50m to develop digital cash settlement system
The names of the banks have not been disclosed.
