Fintech funding deals globally 6 September – 12 September 2021
Featuring Varo, Scalapay, Wave, MNT Halan and Marshmallow.
Investment & Funding
DevOps platform Copado lands $140m funding
The firm plans to use the cash raised to expand its testing software.
Fintech start-up Koyo raises $50m in Series A round
The lender will use the cash to target the UK’s “near-prime” consumer credit market.
Irwin secures $20m in Series A funding round led by K1
The investment will help further the fintech’s mission to upgrade the capital markets software offering.
African fintech Wave hits unicorn status with $200m Series A round
The fintech start-up says it wants to “bring digital finance to everyone in Africa”.
ICYMI funding round-up: TruePay, BankiFi, Aurelia, Jeff & more
Another collection of funding rounds and raises from all over the world you might have missed this week.
Trade surveillance fintech Eventus secures $30m Series B funding
Eventus will use the Series B cash to continue its growth.
PayPal acquires Japanese BNPL unicorn Paidy in $2.7bn deal
PayPal sees the deal as a way to accelerate business in Japan.
Digital challenger Varo Bank lands $510m in Series E funding round
Funds will be used to boost product and tech development and fuel customer growth.
Fintech ecosystem MNT-Halan lands $120m funding
The Egyptian digital platform connects merchants and users who are typically excluded from financial institutions.
Expense management platform Jeeves secures $57m Series B funding
The new investment takes the start-up’s valuation up to $500 million.
Cartoon: Barnacles
This new cartoon illustrates a growing trend in the venture capital space.
Point raises $46.5 million to build out premium debit card
US challenger aims to create an anti-credit card.
Fintech funding deals globally 30 August – 5 September 2021
Featuring Insurify, Snap Raise, Clicklease, Jeeves and Origin.
Financial wellness platform Origin raises $56m funding at $400m valuation
The funds will be used to develop new products and expand its employee customer base.
AI accounting platform Vic.ai lands $50m in Series B funding round
The funding round, led by ICONIQ Growth, brings the fintech’s total capital raised to $63m.
Thought Machine to hit unicorn status with £150m funding round
Core banking vendor expecting mammoth capital raise this month.
Video: fintech news pick of the week – BillDesk, Banco Inter, OPay & more
Our top pick of news from the world of finance and tech in bitesize video format, every week.
ICYMI funding round-up: SurePay, Capitalise, FV Bank & more
Another collection of funding rounds and raises from all over the world you might have missed this week.
Databricks hits $38bn valuation with $1.6bn Series H round
Data and AI firm plans to turbocharge adoption of its ‘lakehouse’ data management architecture.
Former HSBC boss to head up UK green infrastructure bank
The state-owned policy bank aims to level up UK infrastructure through targeted green investments.
IKEA parent company Ingka Group invests $22.5m in BNPL fintech Jifiti
The minority stake investment will expand IKEA’s financing offering in-store and online.
Spend management platform PayEm lands $27m in funding
The Israeli fintech says it meets the accounting needs of decentralised and fragmented global enterprise.
US Bank boosts fintech investment with stake in two VC firms
The bank says becoming a limited partner in the firms will enhance its fintech offerings.
German fintech elopage nets $38m in Series A round to expand SaaS platform
The round marks the bootstrapped company’s first venture capital raise.
Fintech funding deals globally 23 August – 29 August 2021
Featuring OPay, Ramp, Zepz, Ekuaibao and Cora.
Brazilian fintech start-up Cora secures $116m Series B funding to fuel growth
The firm has now raised more than $150 million in total capital.
Nubank aims for IPO worth $55bn to beat traditional rivals
Brazilian challenger wants to smash the valuation of it’s largest legacy rival, Itau.
Mexican fintech Flink lands $57m in Series B round
New investment follows the company’s $12 million Series A round in February.
Video: fintech news pick of the week – Mastercard, Ramp, PayPal & more
Our top pick of news from the world of finance and tech in bitesize video format, every week.
ICYMI funding round-up: Pngme, Recognise Bank, pawaPay, Finexio & more
Another collection of funding rounds and raises from all over the world you might have missed this week.
Flinks receives $103m investment from National Bank of Canada
Growth capital worth $30m will help expand the fintech’s US footprint.
B2B payments fintech Balance raises $25m in Series A funding
US firm says its payments platform will help improve the online checkout experience.
OPay becomes Africa’s latest fintech unicorn with $400m Series C round
The Nigerian start-up says the new investment takes its valuation up to $2 billion.
FinTech Collective raises $250m for new early-stage investments
The venture capital firm’s total AUM now exceeds $500 million.
SME-focused Bank North granted UK banking licence
Bank North aims to support businesses through its cloud banking technology.
Ramp hits $3.9bn valuation with $300m Series C funding round
The start-up has also agreed a deal to acquire “negotiation-as-a-service” platform Buyer.
Blockchain start-up XREX lands $17m funding to expand global footprint
The fintech’s global investors include major banks and venture capital firms.
WorldRemit Group rebrands as Zepz, raises $292m Series E funding
The London-based company says the new injection takes its valuation up to $5 billion.
Real estate fintech Reali raises $250m funding
The California-based firm will use the funds for national expansion and product development.
