Funding Platforms

Credit Sesame secures $51m to bolster financial platform, tackle credit inequality

Credit Sesame has raked in $51m of funding to launch new AI-driven services to help consumers secure easier access to credit and banking services.

Embroker secures $100m Series C to expand business insurance offering

Digital insurance company Embroker has raised $100m from a Series C funding round led by FTV Capital.

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.

News Stories

European FinTech investment stats

UK continued to dominate the European FinTech market with 40% of the top 10...

Key European FinTech investment stats: European deal activity dropped by almost 75% in Q2 2024 in comparison to the same period last year UK...
Klarna launches balance and cashback tools, expanding beyond payments

Klarna launches balance and cashback tools, expanding beyond payments

Klarna, a leader in the FinTech sector, has recently unveiled innovative features that directly challenge the core services of retail banks.
Flexys and Moneyhub form strategic partnership to transform collections through Open Banking

Flexys and Moneyhub form strategic partnership to transform collections through Open Banking

Flexys, a leading UK-based supplier of collections management technology, has teamed up with Moneyhub, a pioneer in Open Banking, Open Finance, and Open Data solutions.
Enhancing financial scalability for Startups: Peanuds partners with Weavr

Enhancing financial scalability for Startups: Peanuds partners with Weavr

Peanuds, a leading provider of financial applications tailored for startups, freelancers, and small to medium-sized businesses (SMBs), has entered into a strategic partnership with Weavr, a prominent embedded finance provider.
PayTech Sling Money secures $15m in Series A funding

PayTech Sling Money secures $15m in Series A funding

Sling Money, an innovative payments platform, today announced a significant boost to its capabilities with a $15m Series A funding round. The investment was...

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