Atom Bank announces £83m from BBVA with more on the way
UK challenger bank Atom Bank has raised a further £83m in equity capital. The round takes Atom’s total funding to £219m and values the Durham-based company at £261m.
Next Insurance grabs $29m to cover SMEs
Online insurer to small and medium sized businesses Next Insurance has picked up $29m in a Series A round led by Munich Re/HSB Ventures.
Property platform BrickVest grabs first half of £4m round
London-based real estate investment platform BrickVest has raised half of its latest £4m funding round. The company took on £2m from angel investors.
More good news for lending as Upstart nabs $32.5m Series D
In the wake of Prosper’s $5bn loan financing deal, there’s further positive signs for the online lending space with Upstart raising $32.5m in its Series D round.
Lending and credit health startup CreditMantri scoops up $7.6m
Indian digital lending and financial wellness startup CreditMantri has raised $7.6m in its Series B round. The investment was led by Quona Capital.
House of Fraser to back Tandem with £35m
Challenger bank Tandem is set to receive a £35m investment form UK department store firm House of Fraser.
Dealflo scores £10m for deal automation
Financial agreement automation platform Dealflo has picked up £10m in a Series B round led Holtzbrinck Ventures. Existing backer Notion Capital also participated alongside Frog Capital.
SoFi scoops up $500m to expand into Canada and Australia
Lending disruptor SoFi has landed $500m in a new haul of funding led by private equity investor Silver Lake. Softbank and GPI Capital also participated in the Series F round.
Clinc grabs $6.3m for voice-controlled smart assistant
AI-powered financial assistant Clinc has picked up $6.3m in a Series A round led by Drive Capital. Hyde Park Venture Partners and Cahoots Holdings also participated.
Prospa raises largest ever Australian FinTech VC round
The Sydney-based company picked up A$25m ($19.18m) in a Series B round led by AirTree Ventures. Entrée Capital and Ironbridge Capital also participated in the round.
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