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.
Nordic Capital-backed payments firm Trustly to go public
Swedish payments firm Trustly intends to list its shares on the Nasdaq Stockholm exchange.
Chinese regulator slaps $2.75bn anti-trust fine on Alibaba
Chinese online retail giant Alibaba has been hit with a $2.75bn fine after an anti-monopoly probe found that the e-commerce firm abused its dominant market position for several years.
Vybe bags $2.9m to launch teen challenger bank
French FinTech startup Vybe has raised $2.9m from a funding round to build a challenger bank service for teenagers.
Tines scores $26m Series B to aid security automation platform launch
Irish cybersecurity enterprise Tines has closed a $26m Series B funding round to speed-up the development of its no-code security automation platform.
Israeli FinTech TipRanks scores $77m from financing round
Tel Aviv-based stock research platform TipRanks has secured $77m from a recent financing round led by Prytek and More Investment House.
Payments provider Paymob scores largest Series A round in Egypt of $18.5m
Egyptian FinTech startup Paymob completed an $18.5m Series A led by Dubai-based VC firm Global Ventures.
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.
SEC warns against misleading projections by companies going public via SPAC
US regulator warned that companies going public through special purpose acquisition companies (SPAC) deals must refrain from publishing misleading statements about their potential growth.
eflow Global launches major update to its regulatory reporting tool
UK-based RegTech company eflow Global has launched a major update for its regulatory reporting hub, TZTR.