ICYMI fintech funding round-up: January, Spade, Keyless and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
News, intelligence and resources on the global fintech industry including topics such as SME.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Goodall joins Funding Circle from Coconut, a UK-based bookkeeping start-up he co-founded in 2016.
Liberis plans to go live in Canada, Germany and Poland in 2024.
The partnership will enable Allica’s business customers to make “transparent and low-cost” international payments.
O’Beirne joins from Bank of Ireland, where he spent almost 20 years in various senior roles.
Fourthline’s tech will help the firm authenticate identity documents, electronic signatures and biometric data.
Founded in 2022 by Idriss Al Rifai, Flow48 provides revenue-based financing to SMEs.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
The round includes strategic investments as well as participation from existing investors.
Aldermore joins 18 regulated UK banks and 22 non-bank lenders and EMIs which run on Mambu.
The new facility brings its total lending capacity to date to £900 million.
The San Francisco-based firm has launched with $9m in equity funding and $30m in debt financing.
Forsberg is expected to form and execute a strategy for Froda’s loan products and embedded finance operations.
The third such partnership between the two firms takes Atom’s total lending with Funding Circle up to £800m.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Trafalagar plans to launch its new platform, running on Vault Core, in Q2 2024.
Total Processing provides payment solutions to merchants in Europe, North America and MENA.
Triver says the new facility will enable it to offer more than £200 million in funding annually to small businesses.
The round was led by European private equity firm BlackFin Capital Partners.
The SME-focused challenger landed its UK banking licence with the FCA and PRA in March.
The deal will be completed through Advent’s new payments company, AI Circle Bidco.
Small businesses will now be able to submit loan applications through the KashNow app.
Engine enables clients to build their own banking propositions using the same core technology that Starling uses.
With the new licence, Commerzbank aims to build up a range of digital asset services, with a focus on crypto assets.
The bank says the platform will enable it to deliver “affordable term loans” directly to its SMB customers.
The Series D funding round takes InCred Finance’s valuation up to $1.05 billion.
The regulator recently reviewed how firms tackle fraud and handle complaints from customers.
O’Connor joined the bank five months ago following GoSimpleTax’s acquisition of Coconut.
Bloomberg reports that an official announcement regarding the potential acquisition could arrive within a week.
With 20 years of experience in engineering and product management, Baghaei joins Jeeves from Early Warning.
OakNorth’s new product is currently in a phased beta, with businesses being invited to sign up to a waitlist.
The portfolio comprises $35 million in invoice finance and a further $5 million in trade finance.
Amazon Business customers can now select Affirm at checkout to pay for eligible goods over time.
The bank’s “long-term” shareholders, BBVA, Toscafund and Infinity Investment Partners, participated in the raise.
Submit your nominations before 15 March 2024.
APPS’ CEO Abe Maghaguian and COO Sarah Gerald will join the Stax leadership team as part of the deal.
Hala says Arshad’s experience will be “pivotal” to its expansion efforts in the UK and Europe.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
With the licence, Elavon intends to offer authorisation, settlement, card machines, and banking services in the UK.