Viva Wallet receives Tencent backing as it bags $80m financing
Greek FinTech Viva Wallet has raised $80m in financing to bolster its loans and instant payment services.
Jared Leto and Will Smith back teen banking startup Step in $100m round
Teen payment and banking firm Step raised $100m in Series C funding led by General Catalyst.
Three ways FinTechs are leaning into PayTech innovation
In the wake of COVID-19, research suggests FinTech companies are experiencing a strong growth spurt giving them the opportunity to innovate like never before.
Qover snares $25m Series B to accelerate global development
Brussels-headquartered InsurTech Qover has closed a $25m Series B funding round led by Prime Ventures.
Kid-friendly banking startup Greenlight banks $260m, almost doubles valuation in six months
Atlanta-based Greenlight, which helps children learn to save with its app and debit card products, secured $260m in a Series D funding round led by Andreessen Horowitz, nearly doubling its valuation in six months.
Mobile banking provider Current picks up $220m, triples valuation to $2.2bn
Venture capital firm Andreessen Horowitz led a $220m investment in Current which tripled its valuation giving it the unicorn status.
CyberHat bags $15m Series B to expand security platform reach
Tel Aviv-based security operations firm CyberHat has raised $15m from a Series B funding round led by APAC investment firm Prytek.
Brex valued at $7.4bn after Tiger Global-led $425m round
Corporate spend management firm Brex raised $425m in Series D funding, doubling its private valuation from a year ago at more than $7.4 bn.
The 34 FinTech rounds from the last week you can’t afford to miss
FinTech companies continue to blaze a trail with CyberTech and InsurTech enterprises in the lead. The 34 ventures in the sector that topped up their accounts last week prove that.
Singapore’s StashAway secures $25m in Sequoia Capital India-led round
Singapore-headquartered StashAway closed a series D funding round for $25m led by Sequoia Capital India, bringing its total paid-up capital to $61.4m.
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