Resigning to the facts
People join companies but leave managers. And that is a fact.
Start-up
Chime secures $750m funding to reach $25bn valuation
The San Francisco-based firm has now raised over $2 billion in total funding.
Ualá hits $2.45bn valuation with $350m Series D round
Fintech start-up claims the funding is a record investment for an Argentine company.
Fintech funding deals globally 9 August – 15 August 2021
Featuring Carta, Uala, FalconX, M-DAQ and TaxBit.
BNPL firm Zilch sets up US expansion with NepFin acquisition
The acquisition of the American firm will give Zilch a foothold in the US market.
US neobank Upgrade secures $105m Series E funding round
The new funding round values the firm at more than $3.3 billion.
Cosy murder
Accepting the premise of the question keeps things tidy, but life doesn’t work that way.
Social finance app Frich launches in the US
NYC-based Frich offers a savings wallet and no-fee overdraft for Gen Z users.
Cartoon: The many faces of VC
This week’s cartoon illustrates the different career stages of venture capitalists.
Plaid agrees $58m settlement over data privacy class action
The plaintiffs alleged Plaid stored and used bank account information without consent.
Fintech start-up Zeni secures $34m Series B investment
California-based fintech will use the new financing to invest in growth and new hires.
Video: fintech news pick of the week – Rapyd, Monzo and Mercury
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
ICYMI funding round-up: Snoop, Easy, Wildfire Systems, Ritmo & more
Another batch of funding rounds that might have flown under your radar.
Dear Luc: Should I pick a fintech specialist or a jack-of-all-trades?
This week someone writes in to ask: should I pick a fintech specialist or a holistic provider to partner?
Money is not a problem
Don’t tell me money is not a problem. It most definitely is a problem. It just isn’t the real problem.
Climate First Bank launches in Florida with Finastra Phoenix at the core
Florida-based lender plans to meet and exceed a range of green initiatives.
Digital banking start-up Mercury hits $1.6bn valuation with new $120m funding
Digital bank secures unicorn status with Series B funding round.
Robinhood falls short of $35bn valuation target in subdued IPO debut
Shares fell in value by as much as 12% before recovering last week.
Report: Self-service banking – the key to customer acquisition and retention
Fintech Futures investigates how self service banking has changed and what firms can do to keep up.
Square plans $29bn acquisition of Aussie BNPL firm Afterpay
The deal will become Australia’s largest ever acquisition.
Video: fintech news pick of the week – Solarisbank, Tesco Bank and Nium
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
ICYMI funding round-up: Cobee, Sila, Vincent, WhenThen, Clara & more
Another batch of funding rounds that might have flown under your radar.
Paystand lands $50m in Series C funding round
The blockchain-powered payments firm will use the new capital to grow the business.
BNPL firm Zilch raises additional $110m in Series B extension
The funding has been led by Goldman Sachs Asset Management and DMG Ventures.
ICYMI funding round-up: Credit Fair, Plooto, Xclaim, Weavr & more
Another batch of funding rounds that might have flown under your radar.
FTX Trading hits $18bn valuation with $900m Series B round
The Series B is one of the largest ever funding rounds for a crypto exchange.
Fintech start-up Capchase raises $280m in funding to drive growth
The financing follows a $125 million Series A funding round just last month.
The time before things happen
Imagining and creating things is hard, but you don’t have to do it all yourself.
Discover targets BNPL offering with $30m Sezzle investment
The firm plans to launch a BNPL network solution on the Discover Global Network.
This is not a drill
Make sure you don’t write yourself out of your own story, as life happens.
Clearco raises $215m in Series C round led by SoftBank’s Vision Fund 2
Firm wants to boost its “founder-friendly” financing suite.
ICYMI funding round-up: Toqio, Coincover, AREX Markets, Lidya & more
Another batch of funding rounds that might have flown under your radar.
Tales of longing and belonging
Sometimes it’s important to remind people that if you don’t ask, you won’t get.
Dear Luc: Should I prepare for a wearable payments comeback post-COVID?
This week our writer asks: are wearables set for a comeback as social distancing eases?
Karat Financial raises $26m in Series A funding round
The company offers business credit cards designed for digital creators and influencers.
ChangeFi CEO: “We have to be on the ground with our communities”
ChangeFi is looking to give “equal access to the American dream”.
Codat raises $40m in Series B funding round
The UK-based firm plans to expand its US presence and boost hiring.
ICYMI funding round-up: Zeepay, Aliaswire, Daylight, Neon & more
Another batch of funding rounds that might have flown under your radar.
Housing fintech Tomo raises $70m in Seed funding
Tomo aims to “digitise the homebuying experience”.
Banking Technology July / August 2021 issue out now
Cover story: breaking with tradition – how Minna Bank is disrupting the Japanese system.
