LendTech
Ron Kalifa OBE to deliver keynote speech at UK FinTech Awards 2021
Ron Kalifa OBE, author of the recent review of the UK's fintech ecosystem, will deliver the keynote speech at the UK FinTech Awards 2021...
Credit Sesame raises $51m to expand financial wellness platform
Credit Sesame, the provider of a financial wellness platform, has raised $51 million in growth capital to launch breakthrough AI-driven services that help consumers...
SumUp collaborates with Google Pay
Global payments service provider SumUp has collaborated with Google Pay to allow merchants to make safer and quicker business transactions using SumUp Card.
Existing card-holders...
Dreams rolls out financial wellbeing platform at Ukrsibbank
Dreams, the provider of behavioural and engagement banking solutions for some of the world’s largest financial institutions, has launched its financial wellbeing platform in...
PayAlly strengthens international payments offering with Banking Circle
PayAlly, provider of the fully integrated payments ecosystem for small- and medium-sized enterprises (SMEs), is using Banking Circle solutions to improve its multi-currency business-to-business...
Anorak raises £5m to boost access to life insurance advice
Anorak has raised £5 million on its journey to become the most innovative life insurance technology company in Europe.
The round was led by Outward...
Lightyear to launch commission-free investment platform
New fintech startup Lightyear has raised $1.5 million in pre-seed funding and launched a waiting list for its commission-free investment platform.
Set to start rolling...
Wefox closes series C, makes every employee a shareholder
Wefox, the Germany-based digital insurance company, has raised $650 million for its series C funding round led by Target Global, resulting in a post-money...
Bought By Many secures $350m in funding
UK biggest insurtech Bought By Many has completed a $350 million series D funding round through its holding company Many Group, securing a valuation...
Wrisk makes three appointments to boost automotive insurance expertise
Wrisk has appointed three specialists in automotive insurance following its recent series A funding round.
Robert Cottrell joins the UK insurtech as head of commercial...
Chip launches investment offering with access to BlackRock-powered funds
Chip has launched a new investment product that will give users of its savings app the opportunity and ability to invest in BlackRock-managed funds.
The...
Crypto insurance company Evertas raises $5.8m in seed funding
Evertas, the crypto insurance company, has raised nearly $5.8 million in seed funding.
The funding round was led by Morgan Creek Digital, CMT, HashKey, Wave...
DailyPay raises $500m of capital
DailyPay, a provider of on-demand pay solutions for enterprises, has secured $500 million of capital.
The company has completed a $175 million series D equity...
Vise raises $65 million in series C round
Vise, the New York-based provider of an AI-powered investment management platform built for advisors, has raised $65 million in series C funding.
The latest round...
Astorg and Bridgepoint acquire Fenergo
Private equity firms Astorg and Bridgepoint and Fenergo’s management team are acquiring the Ireland-based fintech company, a provider of know-your-customer and client lifecycle management...
Uncapped raises $80 million to fund new banking services
Uncapped, a UK-based startup changing the way online companies fund their growth and inventory costs, has raised $80 million of debt and equity in...
Payslip adds $10m to series A financing round
Payslip, the Ireland-based provider of an automation and integration technology platform for global payroll management, has successfully closed an additional $10 million for its...
Singapore’s regtech grant a ‘boost for crypto and digital payment service providers’
The Monetary Authority of Singapore (MAS) announced on 30 April that it will provide S$42 million (US$31.5 million) through a new regtech grant and...
Wrisk raises £4.6m in series A funding
UK insurtech company Wrisk has raised £4.6 million in series A funding.
QBN Capital led the round, which also featured Guinness Asset Management and Cell...
eBay UK launches financing programme for sellers
eBay UK has launched Capital for eBay Business Sellers (CEBS), to help entrepreneurs and startups connect with much-needed access to finance.
CEBS offers a connection...
Tink and American Express enter open banking partnership
Tink and American Express have entered a European open banking partnership to improve the onboarding process for new card members.
Integrating open banking technology into...
InvestCloud acquires Advicent and the NaviPlan platform
InvestCloud, a provider of cloud-based financial digital solutions, has acquired Advicent, a specialist in cash flow, trust and tax financial planning technology.
Advicent, a Vista...
Pomelo selects Mastercard to boost SME offering
Digital payments platform Pomelo Pay has partnered with Mastercard, enabling the London-based and globally focused company to build on the support it offers its...
Bibit raises $65 million to bolster digital investment app in Indonesia
Bibit, the provider of Indonesia's fast-growing digital investment app of the same name, has raised $65 million in new funding.
Sequoia Capital India led the...
Eigen Technologies launches new office in Lisbon as revenues triple
Eigen Technologies, the global document AI provider, is opening a new office in Lisbon, Portugal.
The office will focus initially on product engineering roles and...
European, US and Asia FinTech Awards crown 2021 winners
Forty-three winners were recognised as their region's finest fintechs during the online broadcasts of the European, US and Asia FinTech Awards 2021 ceremonies last...
Virgin Money partners with Trade Ledger as part of a new business banking proposition
Virgin Money is continuing to build its business banking proposition with the addition of fintech partner Trade Ledger, which specialises in data-driven lending technology.
Trade...
Watch the European, US and Asia FinTech Awards ceremonies this week
The awards ceremonies for the inaugural European, US and Asia FinTech Awards are set to be broadcast online this week.
Each awards ceremony is free...
Lending: A destination in itself
As fintech investors, lending is at the heart of what we do. In recent years, though, our approach to investing in lending and lendtech...
Fintern raises £32m to expand access to affordable loans in the UK
UK-based startup Fintern has raised £32 million in equity and debt funding following its public launch last month.
The equity funding comes from a variety...
Starling Bank secures £50m investment from Goldman Sachs
Starling Bank has received a £50 million investment from Goldman Sachs Growth Equity.
The investment is an extension of Starling’s oversubscribed £272 million series D...
J.P. Morgan expands use of the Acin platform
J.P. Morgan is expanding its use of the Acin platform to cover its global markets business.
Acin, the software-as-a-service regtech company that has created a...
Auxmoney raises €250m to fund consumer loans
Auxmoney, a digital lending platform provider for consumer credit, has received €250 million in investment from Citigroup and Chenavari Investment Managers
The investment, along with...
Modulr receives investment from FIS Ventures
Payments-as-a-service provider Modulr, based in the UK, has secured new investment from FIS Ventures, the corporate venture arm of global financial technology company FIS.
Following...
Bringing about new compliance for the new normal, with AI and machine learning
Compliance is generally thought of as a necessary burden, not a business benefit capable of vastly improving efficiency. However, applying artificial intelligence (AI) and...
Ethic closes $29 million series B funding round
Ethic, the tech-driven asset management platform that powers personalisation for advisers, has closed a $29 million series B funding round.
The round was led by...
Banking tech provider NYMBUS launches dedicated business for credit unions
NYMBUS, a provider of core banking technology based in the US, has set up a new business to support credit unions with dedicated fintech...
Meniga closes €10 million funding round
Meniga, a provider of digital banking solutions for some of the world’s largest financial institutions, has closed a €10 million strategic investment round.
Velocity Capital...
TPAY MOBILE boosts senior leadership team
TPAY MOBILE, the full-service digital payments platform for the Middle East, Africa, and Turkey, has made senior leadership appointments for two newly created positions.
The...
Dreams promotes Lucia Hegenbartova to chief commercial officer
Dreams, provider of the financial wellbeing platform that empowers millennials to pay off debt, save, invest and feel better about their money, has appointed...
Banking Circle moves infrastructure onto the cloud
Banking Circle, the financial infrastructure provider, is now completely cloud-based, with all aspects of its service hosted within Microsoft Azure.
This includes its purpose built,...
OakNorth Bank achieves pre-tax profit of £78 million
OakNorth Bank lent £1.1 billion last year and achieved a pre-tax profit of £78 million.
Since 2015, the bank has lent more than £5.1 billion,...
PayFit raises €90 million for HR and payroll expansion
France-headquartered fintech company PayFit has raised €90 million in series D funding to continue to simplify payroll and human resource management for all European...
ALT/AVE appoints new chairman
Phil Shelley, a former Goldman Sachs banker and founder of Arlington Capital Markets, has been appointed to the role of chairman at ALT/AVE, a...
Railsbank launches in Australia, partners with Volt
Embedded finance provider Railsbank has launched in Australia via a partnership with the country’s first neobank, Volt.
Describing Australia as "a highly strategic market", the...
Chip appoints new chief technology officer
UK-based savings app provider Chip has appointed Tom Evans as its new chief technology officer.
In this role, Evans will lead product and engineering teams...
Blink partners with Terrawind Global Protection for flight disruption support
Ireland-based insurtech company Blink is launching a major expansion of its flight disruption insurance offering in Central and Latin America this month.
Blink has partnered...
SumUp raises €750 million in financing
UK-based payments service provider SumUp has raised €750 million in financing to press ahead with its expansion into new markets and build its product...
Planixs lands Santander in major liquidity management contract win
Planixs, the provider of real-time, intraday cash, collateral and liquidity management solutions, has landed a major client.
Santander, a global systemically important bank (GSIB), will...
Starling Bank lands £272m in funding, achieves £1.1b pre-money valuation
Starling has completed a £272 million series D funding round that gives the digital bank a pre-money valuation of £1.1 billion.
Fidelity Investments led the...