FinTech News

vCita, a business management service for small businesses, has bagged $15m in a funding round led by Forestay Capital.

While the Bundesbank is cautious about Facebook’s new cryptocurrency initiative, it seems slightly more supportive of the idea than other countries’ financial institutions.

As corporate investment partnerships gain popularity, it takes some understanding to get these partnerships right, according to a panel at the Global RegTech Summit 2019.

Heap, which collects and organises customer behavioural data, has closes its Series C round on $55m.

QOMPLX, an intelligent decision platform, has closed its Series A round on $78.6m.

Zeta, a digital banking and payments solution, has closed its Series C which has brought its company valuation up to $300m.

Australia’s newest challenger bank 86 400 has just announced investment bank Morgan Stanley is going to help it kick of a private funding round worth more than $100m.

Blockpit, a tax calculation and portfolio tracking platform for cryptocurrencies, has received a €2.5m investment.

Robinhood, a retail investing and trading mobile app, has closed a $323m Series E, upping its valuation to a colossal $7.6bn.

Mobile-only bank Atom has closed a £50m fundraising round. The round saw money injected from financial security investment company Banco Bilbao Vizcaya Argentaria (BBVA), hedge fund Toscafund and Woodford Patient Capital Trust as well as funds advised by Perscitus.