The 26 FinTech deals of last week show the unicorns are on the rise
FinTech companies continue to make waves as the last week witnessed a slew of heavyweights scoring millions of dollars with headlines being filled with decacorns and unicorns alike.
Digital mortgage lender Better.com rakes in a $500m round led by SoftBank
Digital mortgage lender Better.com raised a massive $500m round from Japanese investment conglomerate SoftBank that values the New York-based company at $6bn up from $4bn in November.
Atom Bank valuation halves after £40m funding raise, gears up for future IPO
UK challenger Atom Bank has established a £40m fund raise at 60p-a-share, which is just under half the price it raised equity in in 2019.
The 22 FinTech rounds from the last week you must know about
After the Easter long weekend, our weekly roundup of the big FinTech trends from the past seven days is all you need to keep yourself updated on what’s happening in the industry.
Online loan broker FinanZero scores $3.6m in its Series A round
Online lending platform FinanZero, which is based in Brazil, has closed its Series A round on $3.6m to support its expansion and marketing efforts.
India-based Avail Finance said to close $3.2m in funding
Avail Finance, a neo banking platform for workers in India, has reportedly raised INR 24 crore ($3.2m) in debt financing.
B-North edges closer to £20m Series A goal after fresh investment
SME lending bank B-North has raised more than £560,000 for its latest funding round, beating its initial target.
OppFi closes $50m in corporate credit facility to help consumers easily access credit
Chicago-based FinTech company OppFi received $50m in a corporate credit facility from Atalaya Capital Management.
What Dataminr’s $475m round among the 33 investments in the FinTech sector last week...
Out of the 33 FinTech funding rounds we reported on last week, cybersecurity companies and cryptocurrency-based enterprises were the clear winners.
deferit said to close $15m in its oversubscribed Series B round
Buy now and pay later FinTech deferit has reportedly collected $15m in its oversubscribed Series B round, which comes after demand for its services rise by 150%.