How cybersecurity startups and neobanks scooped the most funds among last week’s 42 investment...
While Covid-19 continues to haunt us, the FinTech industry continues to rake in millions of dollars. Neobanks and cybersecurity companies were the top-scoring sectors to raise investment among the 42 rounds that FinTech Global reported on last week.
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.
Addi secures $65m funding, enters strategic partnership with Santander
Columbian buy now, pay later (BNPL) firm Addi has snared $65m in debt and equity funding.
Clara eyes LatAm expansion following $30m Series A
Mexican card and spend management company Clara has closed a $30m Series A round led by DST Global Partners.
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?
Tilled secures $11m Series A to boost software payment monetisation
US PayFac-as-a-service company Tilled has raised $11m from a Series A round to help software companies monetise payments coming through their platforms.
Paysend seeks global expansion following $125m Series B
UK card transfer business Paysend has closed a $125m Series B funding round led by venture capital firm One Peak.
Tessian looks toward acceleration following $65m Series C
UK security company Tessian has closed a $65m Series C funding round led by March Capital.
Affirm spin-off Resolve bags $60m to bolster B2B billing offering
US PayTech Resolve has raised $60m in funding to expand its embedded billing platform for business-to-business (B2B) companies.