ICYMI funding round-up: Chip, Multiverse Computing, Kevin, APLYiD & more
Another collection of funding rounds and raises from all over the world you might have missed.
Start-up
Mortgage fintech Maxwell closes $52.5m funding round
The start-up supports small and medium-sized local lenders in the US.
Banking for mental health
For traditional banks, there is clearly more that can be done to help those suffering from mental health issues.
Indian tax fintech Clear secures $75m to capitalise on country’s digitisation
The e-filing company will also broaden its offering to people and businesses.
UK Autumn Budget 2021: What does it mean for fintech?
Rishi Sunak announced an update to his spending plans this week. FinTech Futures seeks out the fintech benefit.
B2B BNPL platform Billie raises $100m in Series C round
Billie claims the funding round is the “world’s largest to date in the B2B BNPL market”.
Does the fintech industry have a drinking problem?
To create an inclusive workplace, you should cater to the needs of all employees.
LGBTQ+ neobank Daylight loses head of product Ethan Teng
Teng says the decision is “one of the easiest and also one of the hardest decisions” he’s made.
New FinTech Futures Report: Creating financial inclusivity in a digital-first future
A deep-dive report into the industry, focusing on the emerging need for financial inclusivity.
LatAm fintech Pomelo raises $35m in Series A round led by Tiger Global
Fintech claims raise is “one of the largest Series A investment rounds in the history of Latin America”.
Clearco CGO: “Talent and ambition exist everywhere, but opportunity does not”
FinTech Futures speaks with Clearco’s Ruma Bose and Sarah Clark to discuss democratising access to funding.
Revolut hires new Mexico CEO as US exec announces departure
Ronald Oliveira is expected to leave the fintech, while Juan Miguel Guerra joins.
UK neolender Proportunity raises £105m to expand workforce and boost loans
The ‘proptech’ utilises machine learning to reduce lending risk.
What the FinTech? | S.2 Episode 21 | Talking ’bout the next generation
Suraya Randawa and Sarah Welch of Curinos join us for this latest episode of our What the Fintech? podcast.
Primer reaches $425m valuation following $50m Series B round
CEO Paul Anthony says funds will “supercharge” the company’s next phase of growth.
Video: fintech news pick of the week – N26, Lunar, Pismo & more
Our top pick of news from the world of finance and tech in bitesize video format, every week.
UK neobank Zopa raises $300m to fuel next phase of growth
The lending-focused challenger secured a UK banking licence last year.
Indian fintech start-up CRED secures $251m Series E funding
Fintech aims to incentivise members to pay credit card bills on time.
New social investing app AleFi launches in US
AleFi aims to help new retail traders understand the market and follow trends.
Inclusive investment start-up Wealth8 partners WealthKernel to launch new app
Wealth8 to launch a new mobile investment app for black and multi-ethnic communities.
Swedish neobank Juni raises $52m in Series A extension to launch credit product
New product will give internet-first businesses access to short-term credit.
N26 raises $900m in new funding to reach $9bn valuation
German neobank’s value eclipses the market capitalisation of Germany’s second-largest bank.
What the FinTech? | S.2 Episode 20 | Let’s get digital
Dreams CEO and founder, Henrik Rosvall, joins us for this latest episode of our What the Fintech? podcast.
Fintech start-up Tala secures $145m Series E funding
California-based firm will look to expand its product offering and grow its team.
India’s M2P Fintech plots expansion following $35m raise
CEO says firm will also “double down” on growth in India and Dubai.
Monese appoints Revolut and JP Morgan veterans to leadership roles
Steve Tryner joins as CFO and fintech veteran Stephen Chang joins as VP of operations.
ICYMI funding round-up: Rize, Sparkle, Rupifi, PaySika & more
Another batch of funding rounds you may have missed this week in fintech.
Airbank picks Yapily to launch major bank API connections
Open banking infrastructure firm to help German cash management company connect users’ accounts.
Cartoon: Landfill
This new cartoon illustrates how the excess of cash is diminishing the ‘Valley of Death’ for many start-ups.
Indian SME neobank Open gains backing from Google in $100m Series C
Open raises $100 million to expand into new markets, including the US.
JIC Bank picks Technisys to power core banking
Puerto Rican lender aims to serve retail and commercial customers with new system.
Fintech funding deals globally 4 October – 10 October 2021
Featuring Devoted Health, CoinSwitch, Ajaib, Sky Mavis and Masterworks.
Creator-inspired fintech Superjoi to provide financial partnerships with fans
Platform aims to connect content creators with their audience to share revenue.
New UK banking hopeful Tryllian targeting 150m member figure
New bank is applying for an electronic money licence in the UK.
New US fintech Monai to gamify savings for Millennials and Gen Z
New fintech plans to use time spent mobile gaming to help users reduce debt.
If I had a penny…
If we’re going to talk about inclusion, don’t talk to me about current accounts. Talk to me about money.
Ex-Singlife execs to launch new Japanese paytech Purasu Money
Purasu to launch under umbrella of new venture SJ Mobile Labs.
Surfboard Payments launches Surfpay to turn smartphones into payment terminals
Swedish payments company aims to help small businesses transact easier.
New fintech Z-Walet plans Egyptian launch targeting Gen Z
Founded in 2020, the firm is still at the waiting list stage.
What the Fintech? | S.2 Episode 19 | Can’t see the wood for the VCs
Level Ventures’ Ian Foley joins us for this latest episode of our What the Fintech? podcast.
