Santander spins out its $400m FinTech venture capital arm into Mouro Capital
Santander is spinning out its venture arm into the new entity Mouro Capital, a new autonomous investment firm using its $400m in allocated funds to back innovate FinTech startups without the fear of the big bank spying on them.
FINCA launches venture division to support the social benefit enterprises
Microfinance company FINCA International has launched a new investing platform to help early-stage social enterprises.
Huiyin launches $20m bitcoin-dedicated fund
Chinese investment firm Huiyin Group is launching a $20m bitcoin and blockchain-focused investment subsidiary - Huiyin Blockchain Ventures (HBV)
Perch locks in $4m in Series A financing
Perch, a Canadian FinTech that aims to help consumers build wealth through real estate, has bagged $4m in a Series A round.
iProov secures $70m backing from Sumeru Equity Partners
Biometric face authentication company iProov has landed $70m in growth investment from Silicon Valley-based Sumeru Equity Partners.
Freelancer-focused neobank Lili snares $55m in Series B round
New York-based neobank Lili has raised $55m from a Series B funding round led by Group 11.
VC Wellstreet becomes majority shareholder of PropTech Pixery Media
Swedish PropTech startup Pixery Media has announced that it has a new majority shareholder: the venture capital firm Wellstreet.
Arbor Ventures looks to raise up to $178m for second venture fund
Arbor Ventures has raised up to $178m for its second venture fund, FinTech Global can reveal.
Quiltt lands $4m funding
Quiltt, a low-code consumer FinTech platform, has raised $4m in venture capital investment.
Ilumoni unveils borrower wellbeing app following ?1.63m funding haul
Ilumoni has officially launched its borrower wellbeing app on iOS and Android devices after previously securing ?1.63m in investment since its founding.