PayPal investment lands SME fintech Divvy with unicorn status
The start-up announced a $165 million Series D funding round.
The start-up announced a $165 million Series D funding round.
Runa Capital, S7V, EFG Hermes, and Rucker Park, took part in the investment.
Featuring Mission Lane, Narmi, Finja, CarPay, and ZipLoan.
Goldman Sachs Group and Citigroup are managing the deal.
Despite COVID-19, the financial sector has still enjoyed some notable M&A deals.
The start-up has raised a total of $18.6 million to-date.
We relay our industry highlights of 2020.
Some start-up’s valuations have soared this year.
Vestrata has already signed up a number of investment managers and solution partners.
We bring you a shortlist of ten women in – or investing in – fintech.
Albo has now raised just over $72 million across five rounds.
In August, Mozper – with the help of partner Visa – launched its closed beta with 500 families.
We cover embedded finance, competition, open banking, and CBDCs.
Thoma Bravo are investing right at time, says Venafi CEO.
Cleo has four million Gen-Z and millennial users; and recorded a 400% revenue growth in the last year.
FinTech Futures’ weekly news round-up.
Among new investors are Charli D’Amelio, Justin Timberlake, Eli Manning, and Mantis VC.
The start-up hopes to speed up go-to-market times.
The latest round follows a seed round from August.
Fetch Rewards has raised $131m since 2013.
This episode of WTF? podcast features Vinoth Jayakumar, partner at VC firm Draper Esprit.
Stripe could see its valuation quadruple in just two years.
The capital will go towards Current’s product offerings.
To date, the fintech claims it has surpassed $90 million in customer deposits.
Alongside its fresh capital injection, the start-up has also launched NestEgg Pay.
FinTech Futures’ weekly news round-up.
“Railsbank [is] set out on a mission to be a truly global platform.”
Without limits: The Barclays accelerator races ahead
FinTech Futures’ weekly news round-up.
The start-up’s speedy route to what could be unicorn status is unusual.
Co-founder of BLCK VC and Storm Ventures associate, Frederik Groce, is on a mission.
TreeCard, set to launch next year, is made of sustainable cherry tree wood.
Payments processing firm plans to branch out from Europe and South East Asia.
FundThrough aims to eliminate the “wait” for SME payments
Paystack has 60,000 business customers across Nigeria and Ghana.
Wealthsimple serves some 1.5 million users.
Of its 15 investments, three were founded by Revolut alumni.
“We want to invest in products, in customers and invest in continuing to grow globally,” says Marqeta.
BoA has acquired approximately 5% of the bank’s common equity.
The undisclosed strategic injection sees Citi deploy some Genesis tech.