Stripe releases new financing service for internet businesses
Payments processor Stripe has released a new service aimed at improving the access to capital for internet businesses.
FinTechs use market alliances to offer leading savings products, research finds
Research by Investec has found FinTechs use partnerships with larger financial services companies to offer market-leading savings products to their clients.
Financial wellbeing app ilumoni reels in £1.2m after beta launch
UK-based FinTech that aims to assist consumers with borrowing ilumoni raised £1.2m in an oversubscribed seed round.
Lending platform Payhippo nets $1m in pre-seed funding
Payhippo, an AI-powered lending platform, has reportedly collected $1m in its pre-seed funding round, to help it expand its team.
Figure Technologies in the market for $103m funding round
Figure Technologies, a platform which manages digital assets, is looking to close a new funding on $103m.
Ola to acquire neobank Avail Finance
ANI Technologies, the parent company of ride-hailing platform Ola Cabs, has reached an agreement to acquire a 100% stake in FinTech startup Avail Finance.
Atom Bank continues upward trajectory with passing of two key milestones
UK challenger Atom Bank has achieved two substantial milestones after it exceeded £3bn of residential mortgage completion and reached £1bn in Instant Saver account deposits.
Moni said to raise $1.5m in funding from IFC
Moni, a mobile wallet for Mexico and Argentina-based consumers, has reportedly raised $1.5m in its latest investment.
UpEquity closes its Series A comprised of both equity and debt
UpEquity, a mortgage platform that aims to improve the home purchasing experience, has closed its Series A round on $25m.
Lendtable sets out to tackle liquidity issue in retirement industry
San Francisco-headquartered Lendtable, which provides cash advances to individuals to help them build wealth, has raised $18m in Series A funding at a $25m valuation.