Sector Updates

Spanish banking giant BBVA is further increasing its stake in Durham, UK-based challenger bank Atom Bank as part of the company’s new £250m round.

Argentinian bitcoin startup BitPagos has raised $2.3m in a Series A round led by recently-established Chinese blockchain fund Huiyin Blockchain Venture (HBV).

London-based mobile banking startup aimed at migrants Monese has picked up $10m in a Series A round.

Online property marketplace Zoopla has acquired residential property data analytics firm Hometrack for £120m. Hometrack’s technology is designed to create automated valuation models (AVM) for properties.

Silicon Valley-based payments startup Qvivr has raised $5m in a Series A round led by Khosla Ventures.

Chinese online brokerage Tiger Brokers has picked up $29m in a Series B round from Citic GoldStone Fund Management and Huagai Capital.

German crowdfunding platform Kapilendo has raised ?7m in a Series B round of funding led by the pension fund for the Berlin Chamber of Dentists.

Indian mobile payments and financial services startup instantPay has raised about $5m in a pre-Series A round of funding. The capital comes from RB Investments and Kaleden Holdings.

Axoni, a blockchain startup developing solutions for financial services, has picked up $18m in a Series A round. The funding was co-led by Wells Fargo and Euclid Opportunities.

London wealth management company Nutmeg has added ?12m to its ?30m Series D round from Taiwanese financial services firm Taipei Fubon Bank.