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.
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.
Starling secures lender accreditation for UK Recovery Loan Scheme
Starling Bank has received accreditation by the British Business Bank to be a lender under the UK government-backed Recovery Loan Scheme (RLS).
Arex secures €8.8m Series A to speed up UK, Spain rollout
Spanish invoice finance firm Arex Markets has bagged $8.8m in a Series A funding round that has enabled it to accelerate its launch in the UK and Spain.
Wise, Teleport co-founders back new European investing app in $1.5m pre-seed
UK commission-free stock trading app Lightyear has raised $1.5m from a pre-seed funding round.
Cushon raises £26m from equity raise, credit facility to fuel further acquisitions
UK FinTech pension and savings provider Cushon has secured $26m from an equity raise and a credit facility.
MotoRefi secures Goldman Sachs backing in $45m Series B
US Auto FinTech MotoRefi has closed a $45m Series B round led by Goldman Sachs Asset Management’s Growth Equity team.
Crypto firm Circle closes $440m funding round
US cryptocurrency company Circle has raked in $440m from a funding round.
Stavvy pulls in $40m Series A, teams with Flagstar to boost Covid-19 loan relief
US FinTech Stavvy has secured $40m from a Series A financing round led by Morningside Technology Ventures.
Fraudio looks to continue expansion following $3.3m seed round
Dutch payment fraud detection firm Fraudio has bagged $3.3m in a seed funding round.
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