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Investment & Funding
Nigerian challenger Kuda raises $55m in Series B funding round
Kuda lands valuation of $500 million, and total raised of $91m.
Airtel Africa’s mobile money business receives $200m from QIA
QIA gains a minority stake in African mobile payments firm.
Card issuing platform Lithic secures $60m Series C funding
The raise follows hot on the heels of its $43 million Series B in May.
Behalf raises $100m in debt financing to expand BNPL offering for B2B firms
The company also secured $19 million in a venture funding round.
Video: fintech news pick of the week – Square, Lloyds and VNLIFE
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
Rapyd raises $300m in Series E funding round
The financing follows a $300 million Series D round earlier this year.
Digital banking start-up Mercury hits $1.6bn valuation with new $120m funding
Digital bank secures unicorn status with Series B funding round.
Figure Technologies closes $200m Series D funding round
Blockchain infrastructure provider hits $3.2 billion valuation.
Vietnamese fintech VNLIFE lands $250m Series B funding
The funds will be used to fuel its “continued digitisation of Vietnam’s service ecosystem”.
Robinhood falls short of $35bn valuation target in subdued IPO debut
Shares fell in value by as much as 12% before recovering last week.
Fintech funding deals globally 26 July – 1 August 2021
Featuring iCapital, Fireblocks, VNLIFE, Solarisbank and At-Bay.
UK BNPL Payl8r raises £40m in debt financing from Conister Bank
Manchester-based fintech has plans for a £1 billion valuation by 2026.
Video: fintech news pick of the week – Solarisbank, Tesco Bank and Nium
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
ICYMI funding round-up: Cobee, Sila, Vincent, WhenThen, Clara & more
Another batch of funding rounds that might have flown under your radar.
Digital wallet start-up Eco lands $60m investment
Eco launched its app in March and has now raised around $94.5 million in funding.
Major Indian banks join trade finance blockchain project IBBIC
The consortium promises the creation of a secure environment for processing letters of credit.
Landis secures $165m raise to help Americans become homeowners
The round was led by Sequoia Capital with participation from Will Smith’s Dreamers VC.
South African fintech Yoco looks to scale following $83m Series C round
The firm is now targeting expansion across Africa and the Middle East.
LogicGate secures $113m in Series C funding round
New investment takes the company’s total raised to around $156 million.
Solarisbank raises €190m in Series D, acquires Contis for UK foothold
German BaaS provider hits unicorn valuation and looks towards the UK.
B2B payments platform Nium hits unicorn status with $200m Series D round
Nium has now raised a total of around $280 million in funding.
Vestwell lands $70m Series C round co-led by Wells Fargo
Series C takes Vestwell’s total funding to around $112m over four rounds.
Paystone raises $23.8m for payments and engagement platform
Canadian company brings total raised in 2021 to $78.7 million.
Simon secures $100m Series B funding to drive growth
Simon says the funding will be used to expand its core offering.
Video: fintech news pick of the week – Visa, FTX and Bank of Ireland
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
Paystand lands $50m in Series C funding round
The blockchain-powered payments firm will use the new capital to grow the business.
BNPL firm Zilch raises additional $110m in Series B extension
The funding has been led by Goldman Sachs Asset Management and DMG Ventures.
Klarna acquires German payments fintech Stocard
Rumoured deal is valued at around €110 million.
Fintech funding deals globally 19 July – 25 July 2021
Featuring FTX, Soldo, Spendesk, Zilch and FloQast.
Spendesk lands €100m Series C funding round
The Paris-based firm plans to use the funds to double its staff and accelerate product development.
ICYMI funding round-up: Credit Fair, Plooto, Xclaim, Weavr & more
Another batch of funding rounds that might have flown under your radar.
Payments platform Dwolla secures $21m investment
Dwolla’s last venture funding round resulted in a $12 million raise in 2018.
FTX Trading hits $18bn valuation with $900m Series B round
The Series B is one of the largest ever funding rounds for a crypto exchange.
Soldo secures $180m Series C funding round
Soldo says the round is a European record for the spend management category.
Fintech start-up Capchase raises $280m in funding to drive growth
The financing follows a $125 million Series A funding round just last month.
British Business Bank launches £375m scheme for tech start-ups
The Future Fund: Breakthrough scheme follows on from its now-closed predecessor.
Open banking fintech Yapily lands $51m Series B funding
The funding takes its total raised to $69 million.
Robinhood plans $35bn IPO as crypto arm predicts $30m probe settlement
Retail trading app expects to sell shares between $38 and $42.
Video: fintech news pick of the week – Paytm, M1 Finance and US open banking reform
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
