Canadian fintech start-up Neo Financial lands $50m Series B funding
New funds will be used for further product development and to grow its team.
Investment & Funding
ICYMI funding round-up: TomoCredit, Lightyear, X-Margin, Coinfirm & more
More funding deals you may have missed during a busy week of news.
Grow Credit raises $106m to expand subscription-based credit builder
Black-owned fintech firm plans growth to 100 million end consumers.
E-commerce fintech SellersFunding secures $166.5m investment
US fintech plans geographical expansion and increased headcount.
SpotOn raises $300m in Series E round to fuel acquisition of Appetize
US payments firm acquires commerce platform as growth continues.
Santander’s PagoNxt acquires majority stake in Mexican technology firm MIT
PagoNxt plans to bolster the development of its payments service Getnet.
B2B payments platform Melio lands $250m investment at $4bn valuation
The firm says the Series D capital will be used to accelerate its expansion through partnerships.
Payroll platform Papaya Global hits $3.7bn valuation with $250m Series D round
Papaya has now raised $440 million in total capital since its seed round in 2016.
Canadian fintech start-up Nuula secures $120m funding
The firm launched its mobile app in June this year with the aim of helping SMEs to grow.
Video: fintech news pick of the week – PayPal, Standard Chartered, Mastercard & more
Our top pick of news from the world of finance and tech in bitesize video format, every week.
Fintech funding deals globally 6 September – 12 September 2021
Featuring Varo, Scalapay, Wave, MNT Halan and Marshmallow.
DevOps platform Copado lands $140m funding
The firm plans to use the cash raised to expand its testing software.
Irwin secures $20m in Series A funding round led by K1
The investment will help further the fintech’s mission to upgrade the capital markets software offering.
ICYMI funding round-up: TruePay, BankiFi, Aurelia, Jeff & more
Another collection of funding rounds and raises from all over the world you might have missed this week.
Trade surveillance fintech Eventus secures $30m Series B funding
Eventus will use the Series B cash to continue its growth.
Digital challenger Varo Bank lands $510m in Series E funding round
Funds will be used to boost product and tech development and fuel customer growth.
Expense management platform Jeeves secures $57m Series B funding
The new investment takes the start-up’s valuation up to $500 million.
Cartoon: Barnacles
This new cartoon illustrates a growing trend in the venture capital space.
Point raises $46.5 million to build out premium debit card
US challenger aims to create an anti-credit card.
Fintech funding deals globally 30 August – 5 September 2021
Featuring Insurify, Snap Raise, Clicklease, Jeeves and Origin.
Thought Machine to hit unicorn status with £150m funding round
Core banking vendor expecting mammoth capital raise this month.
Video: fintech news pick of the week – BillDesk, Banco Inter, OPay & more
Our top pick of news from the world of finance and tech in bitesize video format, every week.
ICYMI funding round-up: SurePay, Capitalise, FV Bank & more
Another collection of funding rounds and raises from all over the world you might have missed this week.
Databricks hits $38bn valuation with $1.6bn Series H round
Data and AI firm plans to turbocharge adoption of its ‘lakehouse’ data management architecture.
Fintech funding deals globally 23 August – 29 August 2021
Featuring OPay, Ramp, Zepz, Ekuaibao and Cora.
Mexican fintech Flink lands $57m in Series B round
New investment follows the company’s $12 million Series A round in February.
Video: fintech news pick of the week – Mastercard, Ramp, PayPal & more
Our top pick of news from the world of finance and tech in bitesize video format, every week.
ICYMI funding round-up: Pngme, Recognise Bank, pawaPay, Finexio & more
Another collection of funding rounds and raises from all over the world you might have missed this week.
Flinks receives $103m investment from National Bank of Canada
Growth capital worth $30m will help expand the fintech’s US footprint.
B2B payments fintech Balance raises $25m in Series A funding
US firm says its payments platform will help improve the online checkout experience.
FinTech Collective raises $250m for new early-stage investments
The venture capital firm’s total AUM now exceeds $500 million.
Ramp hits $3.9bn valuation with $300m Series C funding round
The start-up has also agreed a deal to acquire “negotiation-as-a-service” platform Buyer.
Real estate fintech Reali raises $250m funding
The California-based firm will use the funds for national expansion and product development.
Trading technology firm DriveWealth secures $450m Series D funding
Fintech will use the funds for continued product and service expansion and additional hires.
Fintech funding deals globally 16 August – 22 August 2021
Featuring DriveWealth, Sightline Payments, Bitpanda, PalmPay and Reali.
Video: fintech news pick of the week – Goldman Sachs, Paysafe, HSBC & more
Our top pick of news from the world of finance and tech in bitesize video format, every week.
Sightline Payments becomes Nevada unicorn with $244m raise
Sightline closed an earlier $100 million funding round in April.
US fintech One lands $40m in Series B funding
Start-up aims to bring “all-in-one banking” to middle-class Americans.
Dear Luc: Should I use influencers to target Gen Z?
This week someone asks: we’re targeting Gen Z, how can we utilise our spend on marketing and influencers?
Plaid announces Series D extension featuring AmEx and JP Morgan
CEO Zach Perret says its new backers are “storied companies”.
