ICYMI fintech funding round-up: Gotrade, lemon.markets, Unifimoney & Gaviti
Our weekly fintech round-up for you to get the latest funding news from around the world.
Investment & Funding
Ellevest raises $53m in Series B funding backed by female investors
Ellevest saw investment from new women-led investors such as Halogen Ventures and Cleo Capital.
US start-up Remote raises $300m in Series C funding
The firm previously secured $150 million in a Series B round in July 2021.
Swiss challenger Alpian lands banking licence, raises $20m
Alpian plans to launch in Q3 2022. Prior to that, the digital bank will launch its alpha release to employees.
Credit fintech Liquidity lands $775m to fuel growth
Apollo partner Joshua Black will also join Liquidity’s board of directors.
Advent International acquires European paytech Mangopay, invests €75m
French banking group Crédit Mutuel Arkéa will remain a minority shareholder in the firm.
French open banking firm Budget Insight lands $35m to drive expansion
The new funds will be spent on developing new products and significantly increasing its staff headcount.
Oxbury Bank raises £31m in Series C funding, acquires core banking tech provider Naqoda
Oxbury Bank is a start-up bank in the UK focused on the agricultural sector.
UK savings app Moneybox lands £35m Series D
The investment brings Moneybox’s total funding raised to date to £95 million.
Cartoon: Free solo
A new cartoon illustrating the difference in expectations between a start-up entrepreneur and a VC firm.
Banking Technology Magazine April 2022 issue out now
Cover story: WINDS OF CHANGE – Tackling the carbon cost of technology.
Blockchain.com valued at $14bn following Series D funding round
The round was led by Lightspeed Venture Partners with participation from Baillie Gifford.
Egyptian super-app Khazna secures $38m Series A round
Khazna has now raised a total of $47 million to date.
Cross River lands $620m investment to fuel expansion
The round was led by Eldridge and Andreessen Horowitz.
UK credit card start-up Yonder exits stealth, raises £20m
Yonder is designed for the five million-strong ‘credit invisible’ market underserved by current credit providers.
FinTech Futures: Top five stories of the week – 1 April 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
US fintech Mosaic secures $25m Series B funding
The Mosaic platform was launched in 2019 and is designed to ‘reboot’ financial planning and analysis.
Australian fintech start-up Yondr Money goes crowdfunding to boost growth
The Aussie challenger bank is looking to raise up to $1.5 million through crowdfunding.
Modern Treasury lands $50m in Series C extension
The extension brings the company’s total Series C funding to $135 million.
ICYMI fintech funding round-up: Archie, Dapio, Finary, Jia Finance, & Zimpler
Our weekly fintech round-up for you to get the latest funding news from around the world.
India’s Pine Labs raises $50m from Vitruvian Partners to drive growth
The raise comes hot on the heels of a $150 million investment in February from Alpha Wave Global.
Swiss fintech start-up Yokoy raises $80m in Series B funding round
Yokoy has now raised more than $107 million in total capital to date.
Egyptian credit fintech Lucky raises $25m Series A
The cash will go towards cementing Lucky’s position in the market and building out its credit offering.
Vitruvian partners German fintech start-up Moonfare, invests $35m
The funding from Vitruvian brings Moonfare’s total capital raised to date to $220 million.
Aussie paytech Zepto secures $19m Series A raise
The Series A round was led by Airtree Ventures and Decade Partners.
New US banking app Swell set to launch in summer
Launching in June, the app combines checking, credit and more into one integrated account.
SME financing platform Oxyzo raises $200m Series A, becomes unicorn
The company’s vision is to become “India’s most profitable, tech-driven, B2B SME fintech player”.
UK challenger bank Gatehouse looks to raise capital
Gatehouse Bank has appointed Strategy&, PwC’s global strategy consulting business, as its adviser.
Capital markets fintech Capitolis raises $110m Series D funding
Former UK chancellor George Osborne has joined the company’s board.
Money transfer app Atlantic Money prepares for launch in UK
Atlantic Money claims users can save up to 99% against providers such as PayPal, Wise and Western Union.
Colombian fintech start-up Simetrik lands $24m Series A funding
Simetrik says the cash will go towards key hires and fueling its global expansion plans.
ICYMI fintech funding round-up: Mistho, Plurall, Rupifi
Our weekly fintech round-up for you to get the latest funding news from around the world.
Construction focused US fintechs CoFi and Handle raise funding
CoFi and Handle have raised $7 million and $10 million, respectively.
UK fintech funding round-up: Answer Pay, ScribeStar, SimplyPayMe, Smartr365, & Versori
A handy round-up of the recent funding endeavours of UK-based fintechs.
US start-up Ramp reaches $8.1bn valuation with fresh $750m funding
Ramp’s raise included $200 million in fresh equity funding and $550 million in debt financing.
Expense management platform Jeeves raises $180m Series C funding
The Series C comes just seven months after the company’s $57 million Series B funding round.
Banking app Dave partners FTX US to explore crypto payments
The partnership will see FTX Ventures, the venture fund arm of FTX Trading, invest $100 million in Dave.
Start-up Cape raises $33.1m to help businesses “unlock expense nirvana”
Cape will invest the money in technology, product expansion, and doubling its headcount in the coming months.
Finovate Europe 2022: fintech investment trends – where’s the smart money going?
Investment professionals from Citi Ventures, Albion VC and Finch Capital discussed the ‘next big thing’ in fintech.
Glia passes $1bn valuation with latest $45m funding round
Glia, a New York-based digital customer service specialist, has raised $152m to date.
