Student loans start-up Credenc raises $25m from Capital India
Delhi-based fintech uses AI to determine students’ future income.
Investment & Funding
Duco secures Nordic Capital investment to fuel expansion plans
The private equity firm will acquire a majority shareholding in the company.
Fintech funding deals globally 12 July – 18 July 2021
Featuring insightsoftware, Revolut, Lunar, Quantexa, and M1 Finance.
Discover targets BNPL offering with $30m Sezzle investment
The firm plans to launch a BNPL network solution on the Discover Global Network.
UK-listed fintech investor Augmentum raises £55m in latest funding round
The company’s third funding round since its 2018 listing exceeded its original £40m target.
Data extraction start-up Daloopa lands $20m investment led by Credit Suisse
The firm has now raised around $24 million in total.
Video: fintech news pick of the week – Revolut, Lunar and the UK fintech sector
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
M1 Finance secures $150m in SoftBank-led funding round
The firm claims the investment now takes its total valuation to $1.45 billion.
Digital wealth manager Syfe lands $30m Series B funding
The financing comes nine months after its $18.6 million Series A round.
Revolut hits $33bn valuation with $800m Series E investment
The round was led by SoftBank’s Vision Fund 2 and Tiger Global.
Railsbank lands $70m investment to drive global expansion
The round follows a $37 million fundraise in November last year.
Indian payments start-up MobiKwik targets $255 million raise with IPO
The IPO forms part of the company’s “IPO 2022 campaign”.
UK fintech sector enjoys record-breaking year for investments
H1 2021 saw $5.7bn raised across 317 deals by UK firms.
Danish digital bank Lunar secures €210m Series D funding
The challenger says the funds will be used to continue its growth and launch new products.
Video: fintech news pick of the week – Wise, LBGI and Circle
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
Quantexa raises $153m in Series D funding round
The firm plans to accelerate its expansion and boost product development.
LoanPro lands $100m Series A round led by FTV Capital
The Utah-based company says the funds will be used to further invest in growth
Moneyhub secures $18m investment to fuel expansion
Direct Line founder Sir Peter Wood led the round through investment vehicle SPWOne.
Circle to go public in $4.5bn SPAC deal
The combined company plans to float on the New York Stock Exchange (NYSE).
Clearco raises $215m in Series C round led by SoftBank’s Vision Fund 2
Firm wants to boost its “founder-friendly” financing suite.
Unit21 closes $34m Series B round led by Tiger Global
The firm says the new investment takes its total valuation up to $300 million.
Video: fintech news pick of the week – Revolut, Deutsche Bank and Pleo
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
ICYMI funding round-up: Toqio, Coincover, AREX Markets, Lidya & more
Another batch of funding rounds that might have flown under your radar.
Dutch challenger bank Bunq secures $228m Series A investment
The funding round was led by UK private equity firm Pollen Street Capital.
Wise finalises record-breaking £8.75bn direct listing
Cross-border payments company debuts on the LSE in largest-ever listing for a tech firm.
Swedish fintech start-up Juni lands $21.5m Series A round
The company plans to use the funds for product development and recruiting.
Willa raises $18m in Series A funding to help freelancers get paid
The fintech claims to have 150,000 people on its waitlist.
Credit and payments platform Younited lands $170m investment
The new funding brings the French firm’s total raised to $400 million.
Indian fintech Pine Labs secures $600m investment
The firm landed an additional $315 million on top of the $285 million raised in May.
Karat Financial raises $26m in Series A funding round
The company offers business credit cards designed for digital creators and influencers.
Yap set to raise $35m from Tiger Global
The round could value the Bangalore start-up at $350 million.
Pleo lands $150m Series C funding round
The firm says the investment brings its valuation to around $1.7 billion.
Video: fintech news pick of the week – Danske Bank, Rapyd and Deutsche Börse
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
Nigerian fintech FairMoney lands $42m Series B round
The start-up plans to “double down on growth in Nigeria and India”.
Kakao Pay files for IPO with $1.4bn target
The firm is scheduled to debut on KOSPI on 12 August.
Revolut COO leaves ahead of rumoured SoftBank-backed raise
Steve Harman leaves after ten months at the firm.
Ethos Invest launches ambitious Shariah-compliant private equity fund
The Financial Services & Technologies Fund has a target of £1 billion.
Codat raises $40m in Series B funding round
The UK-based firm plans to expand its US presence and boost hiring.
ICYMI funding round-up: Zeepay, Aliaswire, Daylight, Neon & more
Another batch of funding rounds that might have flown under your radar.
Video: fintech news pick of the week – Viva Republica, JP Morgan and NatWest
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
