UK mortgage lender Perenna obtains banking licence
Perenna intends to offer long-term fixed rate mortgages in the near future.
News, intelligence and resources on the global fintech industry including topics such as start-ups.
Perenna intends to offer long-term fixed rate mortgages in the near future.
Gr4vy is the only payment orchestration platform built natively in the cloud with dependable cloud-native serverless infrastructure.
Arc will use the funding to accelerate its growth and expand the availability of its treasury and software products.
The firm brings together financial specialists with more than 200 years of collective experience.
The firm will incorporate Kestrl’s personal financial management tools into Be U by the end of the year.
There are currently over 1,300 sign-ups for the debit card’s waitlist.
Founder Nathan Latka says the firm has deployed over $50m in capital over the last 12 months.
Former chancellor Philip Hammond is reportedly in talks to serve on the fund’s advisory board.
Jawhar’s appointment follows the recent hiring of Nile Younis as Klasha’s new chief commercial officer.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Unit says the collaboration with Thread will “empower more companies to offer unique banking solutions”.
The firm’s investment model combines credit and equity for fintech businesses that have predictable revenue.
The Berlin-based neobank says the action will not affect its services, customer funds or investments.
Klarpay solves one of the biggest challenges faced by digital businesses – access to efficient transactional banking.
The company says micro-investing is a good first step into the space, providing “investment on auto-pilot”.
The Garage builds and invests in early-stage start-ups in fintech, artificial intelligence and cyber.
The new funding has raised the company’s valuation to $100 million.
The Dozens app is set to close by the end of August.
Founders need to take their time considering investors and carry out extensive due diligence processes.
The debt financing will boost its lending operations and accelerate its expansion throughout Latin America.
The firm is gearing up for the commercial launch of UNO Digital Bank in the Philippines.
This new cartoon illustrates how different companies are dealing with the onset of the recession.
Geopagos says the round marks its first institutional financing.
A handy round-up of recent funding endeavours of fintech companies across India and Pakistan.
The new combined business will be worth approximately $1.7bn with the deal expected to close in Q1 2023.
The new platform will allow businesses to optimise the rate they’re generating on their cash balances.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
At the end of each month, Tred users are nudged to offset any carbon their spending has emitted.
The new funds will be used for product development and to fuel its global expansion plans.
The fresh capital takes the company’s total funding to $87 million.
Al Sanam Islamic Bank is a newly-established Islamic bank in Iraq.
The offering is targeted towards those with salaries between £40,000 and £150,000.
Investors include Morgan Stanley’s Next Level Fund and Mastercard.
CEO Colin Walsh says the firm is “not immune to the impacts of our current environment”.
The Series B round was led by an undisclosed “global fintech investor”.
The Series B round was led by Google Analytics co-founder Wesley Chan’s new fund FPV Ventures.
Flutterwave will provide the infrastructure to enable SendSprint to process cross-border transactions.
Our weekly fintech round-up for you to get the latest funding news from around Europe.
Zolve helps immigrants accelerate their financial health through products that build wealth in the long run.
Argyle will support payments for small and midsize merchants in “high-margin” specialty markets.