Middle East’s first licenced crypto exchange Rain is live
It also closed a seed round of $2.5 million.
Investment & Funding
Stackin’ raises $4m for financial advice for millennials
Millennials can now be texted the best way to grow their money.
Bambu raises $10m to grow global team
The robo-advisory start-up will use it to offer more products.
StashAway snaps up $12m in Series B funding
Its latest round brings the total funds raised to date to $20.4 million.
Helis Network closes $500k seed funding round
The firm aims to make decentralised finance accessible.
Visa invests in Southeast Asia’s payments platform Gojek
The two companies will also collaborate on cashless payments solutions.
Paysend raises £8.5m for global roll-out
The fintech also launched its own digital currency, Pays XDR.
Nubank raises a staggering $400m
As it announces plans to expand to Mexico and Argentina.
Top fintech stories this week – 26 July 2019
Catch up on FinTech Futures’ top five stories this week!
Mbanq backs Arival Bank by acquiring shares
Arival also has its sights set on a Series A round of $10 million later this year
Hokodo awarded €2m by Horizon 2020
Only around 7.5% of the SMEs who enter are successful.
Robinhood raises $323 million in Series E funding
The new round of funding values the company at $7.6 billion.
Capital on Tap partners with Marqeta
It has provided nearly £1 billion in funding to more than 60,000 small businesses in the UK.
Atom Bank raises £50m
Neil Woodford’s fund has announced its first major investment since the shuttering of its flagship vehicle last month.
PayMate raises series D to accelerate growth
The Indian B2B paytech raises money for domestic and international growth.
soCash raises $6m in Series B
The round was led by Glory Ltd, SC Ventures and Vertex Ventures to expand their footprint.
F-Secure Countercept wins €2m deal
The deal enables it to defend a major European enterprise customer.
Zegami raises £1.25m to advance visual data tech
The platform aims to democratise data as a resource.
Top fintech stories this week – 19 July 2019
PayTech Awards winners announced!
N26 extends Series D funding to $470m
The company is now valued at $3.5bn
Near raises $100m for new platform offering
The investment comes from PE firm, Greater Pacific Capital (GPC).
Payments platform Finix raises $17.5m in Series A round
The round was led by Bain Capital Ventures.
Angels Den Funding selects Lemon Way for UK payments
The paytech won the bid following a tough competitive analysis.
Bonify eyes European expansion with new investment
The fintech has over half a million users.
Curve raises $55m in Series B round
The start-up is now among the top five UK consumer fintechs.
SumUp enhances payments for SMEs with €330m funding
Following the acquisitions of Debitoor and Shoplo.
Goldman Sachs invests €25 million in Raisin
The new funding brings the total volume of primary investment to €195 million.
Most successful Kickstarter campaigns revealed: is crowdfunding the future of fintech funding?
Kickstarter projects had an overall success rate of 36%, with $4.2bn pledged to successfully launched projects.
NLP software firm RiskGenius closes Series B round
The company provides NLP processing tools for the insurance industry.
Altonomy closes $7m seed financing round
The firm provides liquidity for crypto assets.
Gardenia Technologies wins the NadiFin accelerator
It takes home a €100,000 investment from MiddleGame Ventures.
Bitbond celebrates STO raising $2.3m
The token offering makes Bitbond the first issuer to have its prospectus approved by BaFin.
Lightico closes $14.5m investment for digital customer experience
In the last year, Lightico has quadrupled in employee count.
TreasurySpring launches Fixed-Term Fund platform
The platform provides a digital pipeline for the wholesale money markets.
Banking Technology July/August 2019 issue out now
Drawing the curtains on a bright tomorrow.
Blockchain firm Saga picks FIS for treasury management
Deloitte helped Saga pick its supplier.
Wealthtech Jacobi raised $7.5m for EU expansion
The Australian firm recently partnered with JANA Investment Advisers.
Iwoca launches real-time business loan decisions
The industry-first is an integration with Funding Xchange and Funding Options.
Top fintech stories this week – 05 July 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Currencycloud raises around £32m
Investors in the first part of the Series E round have not been disclosed.
