SynapseFI raises $17m in new funding
It’s making public what insiders have known for months.
Investment & Funding
CAN Capital receives $287m financing facility
Money courtesy of alternative asset manager Varadero Capital.
How to finance your tech business – balancing equity and debt
Plus top tips on raising capital.
Foxconn and friends form $100m VC fund in US
Wisconsin business community gets some love and (more importantly) money.
Wealthtech Sarwa raises $1.3m in funding
Automated and human investment advice catching on.
Countingup on the up with £2.3m seed funding
UK-based challenger bank will develop its accounting features.
Funding Circle plans to raise £300m in IPO
Lending platform’s plan was first revealed in January. Now it’s official.
Warren Buffett’s Berkshire Hathaway invests $300m in Paytm
Berkshire joins Ant Financial, SoftBank and Alibaba as investors.
Jaja Finance launches first product following £7m funding
Making credit cards simple to get.
Scotland’s DataVita secures £4.6m funding from Santander
Data centre and cloud services provider not short of bread.
Dfinity raises $105m funding for blockchain supercomputer dream
Sees itself as “The Internet Computer”.
AirTM gets $7m funding to fuel LatAm fintech
Where economic stability remains no longer.
AI wealthtech Pagaya closes $14m funding round
Its tech is meant to help institutional investors and asset managers.
CULedger gets $8.5m to support blockchain for credit unions
Part of a $10m funding goal.
Gold-as-currency enabler Glint seeks US sprint
Partners with Sutton Bank and Galileo Processing for American dreams.
Salary Finance raises $20m funding to launch in US
UK personal finance firm wants to make waves across the Atlantic.
Andreessen Horowitz leads very nice $8.5m investment in Very Good Security
“You can’t hack what isn’t there.”
Stripe and Visa join $8m funding round in African start-up Paystack
Nigerian payments firm also gets help from Tencent and Y Combinator.
Irish P2P platform Flender raises €10m
Part of the €50 million investment sought.
US credit card firm Deserve raises $17m funding
Going for Generation Z with its “financial independence” offer.
Binance Labs launches incubator for crypto start-ups
$500K for those firms selected.
Latvian entrepreneurs buy Colorado National Bank for $9m
Co-owners of payments firm to profit from a Chapter 11 bankruptcy.
Paytech Paidy sitting pretty with Visa investment
Japanese post-pay outfit goes public with Visa backing.
Regtech ComplySci on a high with Vista Equity investment
New York-based firm feeling funky via Vista’s Endeavor Fund.
Deutsche Bank takes equity stake in Modo Payments
German bank plans to expand B2B and B2C payments.
Vestigo Ventures unveils vertigo-inducing $59m fund
Good news for US fintech companies.
US lender receives Series C $62m funding Upgrade
Financing led by CreditEase Fintech Investment Fund.
Indonesian lendtech KoinWorks collects $16.5m funding
Series A funding round led by Mandiri Capital.
Cloud finance platform Consero gets $50m investment
Boston-based BV Investment Partners invests in Texan firm.
Debitum debuts in alternative finance space
Blockchain-based and coming in September.
Citi invests in e-trader TransFICC to make innovation click
TransFICC has also joined Citi’s Innovation Lab in London.
Data deliverer DueDil gets £8m funding thrill
Round led by Augmentum… which is everywhere today.
UK paytech Previse gets $7m funding prize
Round is led by Augmentum and Bessemer Venture Partners.
SME bank Tide feels pride with £8m investment
As happy as a clam at high Tide.
SoftBank teams with ZhongAn for Asian insurtech impetus
Bank’s Vision Fund to help Chinese insurer’s overseas ambitions.
Core banking platform Leveris pulls in investment
Link Asset Services invests and looks for outsourcing opportunities in the banking sector.
UK challenger bank Monzo eyes $1.5bn valuation
Gearing up for a new funding round.
SFOX raises $23m funding for crypto asset management platform
Series A funding round led by Tribe Capital and Social Capital.
Top fintech stories this week – 17 August 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Canadian lendtech Progressa feeling progressive with $84m funding
Funding round co-led by Canaccord Genuity and Gravitas Securities.
