18 FinTech funding rounds you missed last week
Despite coronavirus fears, the last week saw a number of FinTech companies raise money.
Chaka inks $1.5m in pre-seed funding to power digital investments for African businesses
SEC-Licensed digital broker and leading digital investment platform Chaka Technologies raised $1.5m in a pre-seed funding round led by Breyer Capital, global venture capital firm focused on tech companies like Spotify and Facebook.
Neobroker Trade Republic achieves $5bn valuation after massive Series C round
German stock-trading app Trade Republic raised $900m in Series C funding which valued the company at over $5bn - a figure that soared from $600m from last April.
Institutional crypto trading platform BeQuant launches its services
New institutional cryptocurrency trading platform BeQuant has announced its global launch. The new solution is designed to aid professionals investing into and trading in a...
Neobroker Scalable Capital earns the horn following Tencent-led Series E round
Online brokerage Scalable Capital raised $183m from investors led by Tencent, becoming the latest German FinTech to attract sizable funding.
Robinhood users furious over “not acceptable” service outage despite founders’ apology
Robinhood’s founders have apologised for its users being unable to tap into their accounts. But angry users snapped back that it's too little, too late to say sorry.
Vayana TradeXchange and Arqit forge partnership to revolutionise global trade finance
Vayana TradeXchange has announced a groundbreaking partnership with Arqit Quantum, also known as Arqit. This collaboration is set to harness Arqit’s TradeSecure™ digital negotiable instrument technology to revolutionise international supply chains.
Secfi closes $550m as it seeks to deepen its financing products
Secfi, a platform helping employees manage their equity stakes, has raised $550m from Serengeti Asset Management.
Investment app Worthy bags seed investment
Digital investment app Worthy has closed its seed financing round, to help with the full-scale launch of the mobile app.
Trumid hits $1bn trading volume mark
Corporate bond platform Trumid Financial, which is backed by billionaires George Soros and Peter Thiel, has now traded more than $1bn worth of securities.
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