US immigrant services neobank Zolve gains $40m Series A funding
The funding round takes the 10-month-old company’s valuation to $210 million.
Investment & Funding
Visa invests in fintech start-up Deserve to drive adoption of crypto-powered cards
The investment expands a partnership that began under Visa’s Fintech Fast Track programme.
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.
Mortgage fintech Maxwell closes $52.5m funding round
The start-up supports small and medium-sized local lenders in the US.
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.
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.
Fintech funding deals globally 18 October – 24 October 2021
Featuring N26, Deel, FTX, Zopa and Brex.
M1 Finance CEO buys First National Bank of Buhl
Brian Barnes plans to turn community bank into BaaS provider.
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.
Deel hits $5.5bn valuation following $425m Series D round
Deel reports more than 4,500 customers worldwide in over 150 countries.
Silver Lake to acquire 10% stake in Euroclear from ICE in $825m deal
The deal could be finalised by the middle of next year and is subject to regulatory approval.
N26 raises $900m in new funding to reach $9bn valuation
German neobank’s value eclipses the market capitalisation of Germany’s second-largest bank.
Bond trading fintech Trumid secures $208m in financing to fuel growth
Cash will be used for technology development and to expand into new markets.
Embedded finance platform Alviere lands $70m in funding
New York-based fintech start-up raised the cash across two funding rounds.
Fintech start-up Tala secures $145m Series E funding
California-based firm will look to expand its product offering and grow its team.
ICYMI funding round-up: Rize, Sparkle, Rupifi, PaySika & more
Another batch of funding rounds you may have missed this week in fintech.
BaaS platform Productfy raises $16m and forms card issuance partnership
Productfy provides companies with embeddable modules for payments, deposits, and card issuance.
Cartoon: Landfill
This new cartoon illustrates how the excess of cash is diminishing the ‘Valley of Death’ for many start-ups.
Fintech funding deals globally 4 October – 10 October 2021
Featuring Devoted Health, CoinSwitch, Ajaib, Sky Mavis and Masterworks.
Video: fintech news pick of the week – Google, Monzo, NatWest & more
Our top pick of news from the world of finance and tech in bitesize video format, every week.
Canadian tech firm Coconut Software secures $22m Series B funding
The cash will go towards product development, hiring new staff and investing in marketing and sales.
Privacy-focused data collaboration platform Duality raises $30m
Duality will invest further in privacy-preserving machine learning technologies.
Fraud prevention platform Alloy hits unicorn status with $100m investment
Investment will go towards building out an evolving customer identity profile offering.
Robo-advisor Betterment achieves unicorn status with $160m capital injection
The funding was drawn from a Series F round and $100m credit facility.
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.
Debt platform CredAvenue raises $90m in Series A funding round
Significant investments in data science, machine learning, and AI are in the pipeline.
Banking Technology October 2021 issue out now
Cover story: multi-tusking – how do you eat an elephant?
ICYMI funding round-up: Yellow Card, QisstPay, Vyne, Tomorrow & more
Plenty of funding rounds in the double digits in this week’s ICYMI roundup.
BNY Mellon invests in data firm Quantexa Technology
Two BNY execs join the Quantexa board as US bank joins Series D.
Payments fintech Highnote emerges from stealth with $54m funding
The card issuing platform will help SMEs compete with ecommerce giants like Amazon.
Fintech funding deals globally 20 September – 26 September 2021
Featuring Sorare, MarketFinance, Dapper Labs, Airwallex and TrueLayer.
Prodigy Finance lands $750m funding to expand into new markets
New funds will allow Prodigy to assist students from previously excluded countries.
Financial document processing platform Ocrolus secures $80m Series C round
New York-based start-up says the new funding takes its valuation “north of $500 million”.
Video: fintech news pick of the week – Goldman Sachs, Chase, Oracle & more
Our top pick of news from the world of finance and tech in bitesize video format, every week.
Aussie fintech Airwallex secures $200m Series E funding at $4bn valuation
The company has now raised more than $700m in total capital.
MODIFI tops €100m valuation with €20m Series B funding
Start-up plans to grow its trade finance platform into a global trade management hub.
Regtech start-up PassFort lands $16.2m Series A funding round
PassFort intends to use the money to expand internationally.
Video: fintech news pick of the week – Mastercard, Papaya Global & more
Our top pick of news from the world of finance and tech in bitesize video format, every week.
Fintech funding deals globally 13 September – 19 September 2021
Featuring BitSight, Melio, SellersFunding, Form3 and Xendit.
Goldman Sachs acquires BNPL firm GreenSky in $2.2bn deal
US bank aims to furnish its Marcus app with new capabilities.
