Biggest ever equity crowdfund on Crowdcube sees FinTech Chip bag £11.5m
Digital savings account Chip has raised £11.5m in what is to date the biggest equity crowdfund held on investment crowdfunding platform Crowdcube.
Financial product API dev Codat picks up $100m
Codat, an API software developer, has received $100m in its Series C funding round, which was led by JP Morgan Growth Equity Partners.
Cross River Bank closes $100m round as it preps for IPO
Cross River Bank, which offers banking solutions to FinTech companies, has reportedly collected a $100m funding round, as it prepares for its initial public offering (IPO) next year.
Buy Now, Pay Later for healthcare startup Walnut secures $110m
Buy Now, Pay Later (BNPL) healthcare startup Walnut has raised $110m in a Series A funding round led by Gradient Ventures.
Open banking company Tink acquires Instantor
Swedish FinTech Tink has ramped up its European expansion by acquiring Instantor, the credit decision solutions provider that uses open banking technology.
Razorpay triples valuation to $3bn with latest funding round
Digital payments and business banking platform Razorpay reeled in $160m in its Series E round of funding at a valuation of $3bn, barely six months after it raised funding that catapulted it in the unicorn club.
UiPath collects $153m in Series B funding round
Robotic process automation software company UiPath has collected $153m in its Series B led by Accel.
SIX increases stake in Swiss Euro Clearing Bank to 100%
Switzerland-based financial services technology provider SIX has acquired the remaining stake of German-based Swiss Euro Clearing Bank (SECB).
Rewire to protect European migrant community with Quover and AIG
FinTech start-up Rewire, which develops an online financial services platform for expatriate workers, has partnered with InsurTech Quover and insurer AIG to protect its customers.
NatWest uses Featurespace’s tech to fight financial fraud
Crime prevention software developer Featurespace has been enlisted by NatWest to protect the bank's customers against fraud.