Funding Rounds

Almost half of European neobanks now offer investment products

Recent research by WealthTech firm Bricknode has found the percentage of European neobanks currently offering investment products is close to half at 44%.

Brazilian digital bank Neon scores $300m from BBVA

Brazilian digital bank Neon has received a $300m investment from Spanish multinational financial services provider.

Vietnamese mobile payments app MoMo collects $200m in funding

Vietnamese mobile payments app MoMo has reportedly collected $200m in a Series E funding round from global investors.

Prepaid Technologies snares $96m from Edison Partners-led growth round

Prepaid digital payment solution provider Prepaid Technologies has secured $96m in new growth financing.

POS financing platform Skeps rakes in $9.5m Series A

Point of sale system developer Skeps has raked in $9.5m in Series A funding, with will support its team growth.

Mobile-based POS system KodyPay secures $3.25m in oversubscribed round

KodyPay, which hopes to make payment acceptance easier to implement, has scored $3.25m in an oversubscribed funding round.

India-based Avail Finance said to close $3.2m in funding

Avail Finance, a neo banking platform for workers in India, has reportedly raised INR 24 crore ($3.2m) in debt financing.

Providence Equity Partners acquires Node4 from Bowmark Captial

UK-based private equity firm Bowmark Capital has sold its stake in IT infrastructure developer Node4 to US investor Providence Equity Partners.

Melio reaches unicorn status after the close of $110m round

Melio, which helps small businesses digitally manage their supplier payments, has collected $110m in funding, shooting its valuation to $1.3bn.

CRED said to raise $80m in round that values it at $800m

CRED, which provides consumers with rewards for paying their credit card bills, has reportedly closed a new funding round on $80m.

News Stories

Fresh Financials Group expands UK presence with AccountsForMe acquisition

Fresh Financials Group expands UK presence with AccountsForMe acquisition

Fresh Financials Group, renowned for its innovative cloud-based financial services as a Xero Platinum Partner, is proud to announce its recent acquisition of AccountsForMe.
OneCard partners with Razorpay to enhance credit card repayment efficiency in India

OneCard partners with Razorpay to enhance credit card repayment efficiency in India

OneCard has teamed up with Razorpay to revolutionize the credit card repayment process, catering to the burgeoning market of tech-savvy consumers.

Two companies reach unicorn status in this week’s FinTech funding rounds

The FinTech sector saw a pair of new unicorn's emerge following a host of successful tranches across the space, as $827.5m was raised throughout this week's FinTech funding rounds.
Jifiti's Tap Now, Pay Later transforms digital wallet transactions

Jifiti’s Tap Now, Pay Later transforms digital wallet transactions

Jifiti has unveiled its latest breakthrough in financial technology, the Tap Now, Pay Later™ system, which facilitates effortless loan deployments for banks through all major digital wallets at any sales point.
Kuady targets Bulgarian fintech talent with new office opening

Kuady targets Bulgarian FinTech talent with new office opening

Kuady has announced the establishment of a new office in Sofia, Bulgaria, designed to accommodate over 100 employees.

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