Indian fintech start-up Recur Club secures $30m seed funding
The seed funding is made up of a combination of equity and debt.
Investment & Funding
FinTech Futures: Top five stories of the week – 22 April 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Canadian neolender QuadFi lands $100m financing facility
The facility will be used to provide personal loans to people with limited credit history.
ICYMI fintech funding round-up: Union54, Themis & Sawa
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Cartoon: Market dilemma
A new cartoon illustrating how venture firms are reacting to the changing macro environment.
Investment management platform FundGuard lands $40m Series B
The round saw participation from Citi, State Street, Blumberg Capital, LionBird Ventures and Team8 Capital.
BaaS platform NovoPayment lands $19m Series A funding
The round was led by Fuel Venture Capital and IDC Ventures.
PayU acquires Ding and invests in Treinta to boost presence in Latin America
PayU has invested more than $1 billion in fintech companies to date.
Aussie fintech Archa lands $24m in equity and debt funding
The pre-Series A investment round consists of $4 million in equity funding and a $20 million debt facility.
Pakistani fintech start-up Abhi raises $17m in Series A funding
Funds will be used to expand its team and build out marketing capabilities.
BNP Paribas invests in fintech-focused VC firm Anthemis
BNP Paribas’ head of global markets Olivier Otsy says Anthemis has a “strong track record” in fintech investments.
Indian crypto platform CoinDCX raises $135m Series D
CoinDCX CEO says the investment “reinforces the belief in India’s immense potential in the crypto ecosystem”.
Immigrant-focused fintech Welcome Tech raises $30m
The new funding brings the firm’s total capital raised to date to $70 million.
Anti-fraud platform SEON raises $94m Series B to fuel global expansion
The start-up will use the fresh capital to expand throughout North America, LatAm and APAC.
Nigerian digital bank Umba raises $15m Series A funding
Following the Series A, Umba has now raised a total of around $17.5 million to date.
The Bank of London hires new deputy CEO for the UK
Tom Wood will also join the firm’s UK Bank Board, reporting to group chief executive and founder Anthony Watson.
FinTech Futures: Top five stories of the week – 15 April 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
European fintech start-ups Montonio and Payaut secure funding
Montonio raised €11 million and Payaut secured €8 million, respectively.
ICYMI fintech funding round-up: Winden, EximPe, Uplinq, ImaliPay & SwooshTransfer
Our weekly fintech round-up for you to get the latest funding news from around the world.
Crypto paytech MoonPay receives $87m from entertainment and sporting stars
MoonPay CEO says: “Web3 is radically changing the way we approach the business of entertainment, sports and music.”
Finnish expense management fintech Zevoy raises €15m Series A
The round was led by Blossom Capital and saw participation from Maki.vc and Brightly Ventures.
Wagestream secures $175m Series C funding to fuel expansion plans
The round is believed to be the largest ever raised for a social impact fintech.
Circle lands $400m funding round featuring BlackRock, Fidelity
The funding round is expected to close in the second quarter of 2022.
New UK lending fintech OnLadder receives funding
The UK-based start-up seeks to make purchasing a home more affordable for first-time buyers.
SME financing platform Stenn lands $50m equity investment
Stenn CEO Greg Karpovsky says: “A lack of access to finance is stunting the growth of SMEs around the world.”
Colombian fintech Truora raises $15m Series A led by BBVA fund
Accel, Kaszek and Y Combinator also participated, as well as a number of angel investors.
Capital on Tap scores $200m funding facility to drive US growth
The firm launched its US credit card in March 2021 and has an office in Atlanta.
Filipino fintech Voyager Innovations hits unicorn status with $210m raise
The new funding has propelled Voyager’s valuation to nearly $1.4 billion.
Nubank secures $650m credit line to boost international growth
The neobank is looking to accelerate its growth in Mexico and Colombia.
Brazilian challenger Stark Bank raises $45m funding
Stark Bank, named for founder and CEO Rafael Stark, focuses on high-growth start-ups and enterprises in Brazil.
Creator economy e-commerce platform SamCart raises $82m Series B
The round saw participation from Eldridge, TTV Capital, Fin VC, George Kaiser Foundation and eGateway Capital.
ESG and fintechs: how firms are benefiting from an ESG focus
Financial services firms have many ways to advance ESG goals while providing valuable services.
Stripe-backed one-click checkout fintech Fast folds
Fast CEO Domm Holland says: “Sometimes trailblazers don’t make it all the way to the mountain top.”
Spain’s Ritmo lands $200m in debt funding to drive growth
The Madrid-based company has raised $225 million to date in debt and equity funding.
Binance.US lands $200m in first funding round at $4.5bn valuation
The digital asset exchange will use some of the new funds on developing new products and services.
FinTech Futures Jobs: Three top fintech jobs in the UK this week
Exciting open vacancies at Starling Bank, Crowdcube and Hazy. Apply today!
FinTech Futures: Top five stories of the week – 8 April 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
German fintech ExpressGroup lands €25m Series A
The round was led by Insight Partners and Project A Ventures.
UK fintech funding round-up: Timeline, Leatherback & Network B
A handy round-up of the recent funding endeavours of UK-based fintechs.
UK fintech Fidel API secures $65m Series B round
Funding will help the firm meet the “ever increasing demand for tools that enable programmable money experiences”.
