Vietnamese fintech MoMo raises $200m in Series E round
MoMo says it will use the cash to expand the suite of financial products available on its ‘super-app’.
MoMo says it will use the cash to expand the suite of financial products available on its ‘super-app’.
The firm has been active in the French retail banking market since 2000.
The bank will take part in Bakkt’s “early adopter program”, set to launch in Q2 2022.
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“2021 has been a challenging year for SMEs,” says MODIFI CEO.
Brexit and VAT reform in the EU made 2021 an “eventful year”, says Taxdoo CEO.
The acquision is expected to add $90m of revenue for MoneyLion.
Simply has provided £650 million worth of support to businesses since it was founded in April 2017.
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The round, led by global investment firm KKR, values Anchorage at over $3 billion.
BMO describes the acquisition as the “natural next step” in its North American growth strategy.
Monese has acquired Trezeo, a specialist financial services platform for the self-employed.
Razorpay’s Series F funding round now values the firm at $7.5 billion.
The deal comes less than two months after the firm picked up B2B fintech Juno to drive expansion.
Integrating the best of human and machine intelligence allows organisations to be better prepared.
Proxymity says it has delivered significant growth since launch in April 2020.
New cash injection takes the firm’s total capital raised to date to around $65 million.
Despite belonging to the same universe, the differences between fintechs and banks can at times seem vast.
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With the fast-paced nature of the fintech world, it’s easy to let announcements slip by from time to time.
Ramp will use the cash to drive expansion and further product development.
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Miles will lead a global team based across Europe, South America and Asia.
“BNPL is growing at a breakneck speed in India,” says CEO Nitin Gupta.
Greiner joins from Bankers Healthcare Group, where he spent just under two years as VP of enterprise architecture.
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Zopa CEO says erosion of consumer trust and regulatory burdens are to blame.
Ameris Bank resources will allow Balboa to expand its offering, says Balboa CEO.
The new funds will also be used for further product development and to hire more staff.
The new cash will fund the start-up’s expansion into Brazil.
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The investment from Tencent and UK development finance institution CDC brought in an additional $70 million.
The shared, private ledger enhances settlement speed and efficiency and reduces risk.
“With this latest investment, we look forward to deepening and expanding our solutions,” CEO says.