Atom Bank valuation halves after £40m funding raise, gears up for future IPO
UK challenger Atom Bank has established a £40m fund raise at 60p-a-share, which is just under half the price it raised equity in in 2019.
Why funding in the CyberTech and PayTech industry continues to climb among the 30...
The past week has given cybersecurity, PayTech and even InsurTech aficionados a host of reasons to perk up their ears.
Splitwise reels in $20m to develop its finance and expense sharing app
Providence-based interpersonal finance app for sharing expenses with friends and family Splitwise raised $20m in Series A funding.
Reddit and AngelList execs join $7.5m seed round in employee compensation firm Figure
FinTech firm aimed to help companies structure their compensation plans and transparently communicate them to their workers Figure raised $7.5m in seed funding led by CRV.
Neobank Nemo reportedly nabs funding from Mumbai Angels to empower Indian SMEs
Early-stage investors’ platform Mumbai Angels Network has reportedly invested an undisclosed amount in cloud-based neobank Nemo.
Paysend seeks global expansion following $125m Series B
UK card transfer business Paysend has closed a $125m Series B funding round led by venture capital firm One Peak.
LatAm-based Plaid rival Belvo gets backing from Twitter and Wise execs in $43m Series...
Mexico City-based open finance API platform Belvo has raised $ 43m in a Series A funding round, touting it as “the largest ever Series A for a FinTech company in Latin America.”
Car insurance app Noblr to be acquired by USAA
Insurance provider USAA is set to acquire US behaviour-based car insurance company Noblr for an undisclosed fee.
Freight payment platform PayCargo pulls in $125m to speed up international expansion
Freight payment platform PayCargo raised $125m in Series B funding to continue developing its cloud-based payments network.
London-based SaaS InsurTech Hyperexponential closes $18m round
InsurTech Hyperexponential (hx) which has mathematical modelling software for the commercial insurance sector has closed an $18m funding round led by growth capital fund Highland Europe.