Neobroker Scalable Capital earns the horn following Tencent-led Series E round
Online brokerage Scalable Capital raised $183m from investors led by Tencent, becoming the latest German FinTech to attract sizable funding.
Tide said to close a multi-million round from Apex Digital, valuing it at $350m
British FinTech Tide is said to be closing in on a £350m valuation following a fresh cash injection from the growth arm of private equity giant Apax Partners.
Nubank nabs $750m in a Berkshire-led round at a valuation of $30bn
Warren Buffett’s Berkshire Hathaway Inc invested $500m in Brazil’s Nubank, boosting the fast-growing FinTech firm's aim to expand across Latin America.
Dave enters acquisition agreement to speed up IPO plans
US banking app Dave has entered into a partnership with acquisition firm VPC Impact Acquisition Holdings that will result in the former becoming a publicly-traded company.
Briq to boost Fintech services for construction industry with latest Tiger Global-led round
Briq, which developed a FinTech platform used by the construction industry, raised $30m in a Series B funding round led by Tiger Global Management.
Y Combinator-backed Cashfree lands funding from SBI for its payment platform
Digital payments and banking technology company Cashfree received an undisclosed funding amount from the State Bank of India (SBI) at a valuation of around $200m.
SoftBank invests in GBM to accelerate democratisation of investments in Mexico
Investment platform in the Mexican stock market Grupo Bursátil Mexicano (GBM)secured up to $150m investment from SoftBank.
PayPal to deposit $135m to tackle economic inequality in underserved communities
PayPal will deposit $135m into financial institutions and management funds to help underserved communities of colour fight economic inequality.
How Latin American startups and InsurTechs stole the show among the 37 FinTech investments...
InsurTech companies continued their winning streak last week among the 37 FinTechs that raised big rounds.
AI-powered revenue intelligence firm Gong grabs a $250m Series E at $7.25bn valuation
Enterprise sales enablement platform Gong raised $250m in a Series E funding round valuing the company at $7.25bn, more than triple its previous valuation of $2.2bn.
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