Ireland-based P2P lending platform Linked Finance secures €50m from Banco BNI Europa
P2P lending platform Linked Finance has secured €50m in a funding round from Banco BNI Europa.
MAS launches RegTech and digital schemes, commits S$42m to boost adoption
The Monetary Authority of Singapore (MAS) has introduced a RegTech grant scheme and an enhanced digital acceleration grant (DAG) program to boost tech use in the financial sector.
Does regulation pose a threat to buy now, pay later market growth?
The BNPL market has seen a financial boon in recent years, creating market leading behemoths like Klarna, Affirm and Afterpay – who are all recording strong growth on the back of clear market demand. Could a growing call for regulation in the sector change this?
Deserve seeks credit card stack modernisation with $50m Series D
Credit card company Deserve has secured $50m in a Series D funding round led by Mission Holdings, Mastercard and Ally Ventures.
Oomnitza bags $20m in C5 Capital-led funding round
Software-as-a-service-based enterprise technology management solutions provider Oomnitza has raised $20m in a funding round.
US and European expansion on the horizon for Futora following $6m raise
Israeli FinTech startup Futora has secured $6m in funding to fund product development and build out its sales processes in Europe and the US.
Banking-as-a-service platform Jumo nets $120m in funding
South African banking-as-a-service (BaaS) company Jumo has bagged $120m from a recent funding round co-led by Visa, Fidelity Management and Kingsway.
France bags another unicorn as payroll platform PayFit lands €254m
PayFit, a payroll and HR management platform for SMEs, has secured €254m from a Series E funding round led by General Atlantic.
Cape scores $33.1m in debt and equity funding
Australian expenses management platform Cape has raised $33.1m in debt and equity financing following a $30m debt facility and a $3.1m equity round.
Atom Bank valuation halves after £40m funding raise, gears up for future IPO
UK challenger Atom Bank has established a £40m fund raise at 60p-a-share, which is just under half the price it raised equity in in 2019.