Veteran fintech VC investor TTV Capital seals $127m Fund V final close
Veteran fintech-focused investment house TTV Capital has struck a $127m final close for its fifth fundraise.
Latin America and teen-focused FinTech services are coming of age as the industry closes...
Last week’s 32 FinTech rounds highlight how Latin America is exploding with new activity, how open banking has nudged closer to being fully adopted across Europe and the rising popularity of teen-focused ventures.
OpenFin collects investment from SC Ventures
Digital operating systems developer OpenFin has closed a strategic investment from SC Ventures to support the development of new products.
Tink adds €85m in investment round extension
Open banking platform Tink has added another €85m to its coffers in a new investment round-extension co-led by new investor Eurazeo Growth and existing investor Dawn Capital.
Modularbank said to close its seed funding round on €4m
Modularbank, a banking software developer, has reportedly raised €4m in its late seed funding round.
Backbase to power digital bank UNObank
Banking software provider Backbase will provide its engagement banking platform to UNObank, DigiBankASIA's digital bank.
Banking service developer Unit launches its services alongside funding round
Unit, which enables companies to integrate banking features, has launched its services, alongside the close of an $18.6m round.
Revolut broke even in November but didn’t make a big deal out of it
Revolut's revenues dropped by 40% at the start of the coronavirus crisis, but now the neobank has revealed that it is 50% ahead of its pre-pandemic levels and even broke even in November.
Why neobanks may not be as popular as people think
It's easy to be taken in by the flashy digital offering of challenger banks, but new research suggests that they may not be as popular as people think.
Moov bags $27m Series A just months after closing its seed round
Moov Financial has closed a $27m Series A round, which comes just three months after it closed its $5.5m seed round.
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