Alternative investment platform CAIS hits unicorn status with $225m funding
CAIS describes itself as “the first truly open marketplace for alternative investments”.
Investment & Funding
French fintech Qonto secures €486m Series D funding to boost European growth
The bumper funding round takes the start-up’s valuation to €4.4 billion.
Checkout.com secures bumper $1bn Series D round at $40bn valuation to boost US growth
The paytech has now raised around $1.8 billion in total funding to date.
US SME banking platform Novo raises $90m in Series B funding
Novo CEO Michael Rangel says the funds will go towards improving cash flow for small businesses.
Brex hires Meta product head Karandeep Anand as CPO, lands $300m funding
Since its founding in 2017, Brex has raised a total of $1.2 billion.
Sumitomo Mitsui Trust Bank invests in Indian lender DMI Finance
DMI Finance has closed a $47 million equity investment round.
KoinWorks raises $108m in Series C to power Indonesia’s SME sector
KoinWorks aims to hire 400 new employees globally.
Fintech start-up Twig raises $35m to support Web 3.0 plans
The London-based fintech intends to expand into the EU and US in 2022.
Fintech funding deals globally 3 January – 9 January 2022
Featuring OpenSea, PayFit, Petal, Sygnum and Starling Bank.
UK fintech sees record investment in 2021 following pandemic slump in 2020
Nearly half of all fintech investment in Europe was made in UK, Innovate Finance data shows.
Payroll automation start-up PayFit achieves unicorn status after €254m Series E
The fintech intends to hire 400 new employees across Europe in 2022.
Video: fintech news pick of the week – Petal, Unibo, & iProov
Our top pick of news from the world of finance and tech in bitesize video format, every week.
B2B embedded finance fintech Rupifi raises $25m in Series A round
The fintech says B2B commerce has undergone a digital transformation over the past few years.
Alternative retirement investment platform Alto raises $40m in Series B
The firm claims more than 15,000 IRA investors with a billion dollars of assets under custody.
Swiss digital asset neobank Sygnum raises $90m in Series B round
“The digital asset economy is rapidly crossing the chasm to mainstream adoption,” says CEO.
Credit building start-up Petal raises $140m in Series D, faces lawsuit
Petal CEO says firm is hiring across the board for more than 100 positions this year.
ICYMI funding round-up: Anfin, Cion Digital, D2X, KRM22, & Orenda Finance
Our weekly “In Case You Missed It” funding round-up for you to get the latest funding news.
Biometric authentication specialist iProov secures $70m investment
iProov has received $70 million growth investment from Sumeru Equity Partners.
Colombian BNPL firm Addi raises $200m to support LatAm expansion
Addi CEO Santiago Suarez says: “Business is accelerating a lot faster than expected.”
UK paytech CellPoint raises $25m to expand internationally
The investment will also support the platform’s expansion into new market verticals.
Spanish neobank Unibo launches to cater for property managers
Unibo raised €500,000 in a seed round in November last year.
2021: Top five fundraises
FinTech Futures takes a look back at some of the year’s most eye-catching funding rounds.
What the FinTech? Podcast | Season Two’s Jailed Buzzwords
We run down all the buzzwords our podcast guests wanted gone from the industry this year.
2021: Top five mergers and acquisitions
FinTech Futures takes a look back at some of the year’s top mergers and acquisitions.
ICYMI funding round-up: pliant, CreditBook, CIRCA5000, and LiveFlow
Our weekly ‘In Case You Missed It’ funding round-up for you to get the latest funding news.
Embedded finance platform Ant Money raises $20m, acquires savings app Blast
Acquisition of Blast boosts the number of apps under the Ant Money umbrella.
German fintech re:cap secures $111.5m seed round to launch financing platform
Funding is made up of a combination of growth capital and liquidity for its revenue-based financing platform.
Vietnamese fintech MoMo raises $200m in Series E round
MoMo says it will use the cash to expand the suite of financial products available on its ‘super-app’.
Cross-border payments platform Taptap Send raises $65m in Series B round
Taptap Send reports more than 8x growth since the onset of the pandemic.
MODIFI secures $145m in debt financing to boost SME trade support
“2021 has been a challenging year for SMEs,” says MODIFI CEO.
European tax compliance platform Taxdoo lands $64m in Series B funding
Brexit and VAT reform in the EU made 2021 an “eventful year”, says Taxdoo CEO.
British Business Bank backs SME-focused lender Simply with £300m funding line boost
Simply has provided £650 million worth of support to businesses since it was founded in April 2017.
Digital asset infrastructure provider Anchorage raises $350m in Series D round
The round, led by global investment firm KKR, values Anchorage at over $3 billion.
Indian paytech Razorpay raises $375m, plans international expansion
Razorpay’s Series F funding round now values the firm at $7.5 billion.
Indian paytech Juspay secures $60m in Series C funding round
The funding will be used to support national and international expansion.
Citi spin-out Proxymity raises $31m in Series B funding round
Proxymity says it has delivered significant growth since launch in April 2020.
Fintech start-up Papaya lands $50m Series B round to simplify bill payments
New cash injection takes the firm’s total capital raised to date to around $65 million.
Fintechs are from Venus, banks are from Mars – and VCs can be the matchmaker
Despite belonging to the same universe, the differences between fintechs and banks can at times seem vast.
Video: fintech news pick of the week – NatWest, Tyme & Uni
Our top pick of news from the world of finance and tech in bitesize video format, every week.
FinTech Futures Jobs: Three great jobs to apply for before Christmas
Exciting open vacancies at Seedrs, Monzo and Klarna. Apply today!
