UBS and Wealthfront terminate merger
UBS and Wealthfront have mutually agreed to terminate their merger deal and instead, UBS has purchased a $69.7m note convertible into the WealthTech’s shares.
RentSpree lands funding to cater to a growing nation of renters
RentSpree, an end-to-end rental management software provider, has raised $17.3m in Series B funding.
Ark Kapital triples valuation with €15m acceleration round
Ark Kapital, a precision finance firm enabling startups to grow faster through non-dilutive loans, has doubled its equity funding to €30m.
Paymob bags $50m in largest ever Egyptian FinTech Series B
Egyptian FinTech Paymob has raised $50m in a Series B funding round headed by Kora Capital, PayPal Ventures and Clay Point.
Digital mortgage marketplace Own up lands $25m and partners with Realtor.com
Own up, a digital mortgage shopping service, has raised $25m in funding and partnered with Realtor.com, a real estate marketplace.
FinTech for low-income families Propel nets $50m
Propel, a FinTech company designed to help low-income families in America to improve their financial health, has reportedly raised $50m.
Crypto tax platform BearTax nets $3.2m in seed capital
BearTax, a cryptocurrency tax platform, has netted $3.2m in its seed funding round, which was led by Seattle-based investor Ascend.
FinTech Tortoise collects funding raise
Tortoise, a FinTech that specialises in the ‘save now, buy later’ space, has raised an undisclosed amount of capital in a funding round.
Moneyflow secures €250m debt financing
Danish FinTech Moneyflow has raised €250m in a debt financing agreement with banking-as-a-service provider Aion Bank.
Lending platform Boopos raises $58m
Miami-based lending platform Boopos has reportedly raised $58m in its Series A round, composed of debt and equity.
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