Atom Bank announces £83m from BBVA with more on the way
UK challenger bank Atom Bank has raised a further £83m in equity capital. The round takes Atom’s total funding to £219m and values the Durham-based company at £261m.
Quona Capital’s Accion Frontier Inclusion Fund closes with $141m
Early growth-stage fintech investor Quona Capital and non-profit firm Accion have reach a final close of $141m on their financial inclusion-focused fund.
Kraken gobbles up charting and trading platform Cryptowatch
Digital asset exchange Kraken has acquired charting and trading platform Cryptowatch in an undisclosed deal.
Next Insurance grabs $29m to cover SMEs
Online insurer to small and medium sized businesses Next Insurance has picked up $29m in a Series A round led by Munich Re/HSB Ventures.
FinTech investor Ribbit Capital looks for $300m for new fund
Palo Alto-based FinTech investor Ribbit Capital is on the hunt for a new fund. The Wealthfront, Avant and Funding Circle backer is looking for $300m, according to an SEC filing.
Floodgate closes sixth VC fund at $131m
Early stage VC Floodgate has closed its latest fund at $131m according to an SEC filing that shows the firm brought in cash from eight investors.
Property platform BrickVest grabs first half of £4m round
London-based real estate investment platform BrickVest has raised half of its latest £4m funding round. The company took on £2m from angel investors.
More good news for lending as Upstart nabs $32.5m Series D
In the wake of Prosper’s $5bn loan financing deal, there’s further positive signs for the online lending space with Upstart raising $32.5m in its Series D round.
Lending and credit health startup CreditMantri scoops up $7.6m
Indian digital lending and financial wellness startup CreditMantri has raised $7.6m in its Series B round. The investment was led by Quona Capital.
Monzo crowdfunding round rockets through $2.5m target
Digital challenger bank Monzo has blasted through its £2.5m crowdfunding target in less than four hours of opening pre-registration for the campaign.
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