What do these 28 FinTech rounds from last week reveal about the industry
Last week week saw 28 FinTechs close investment deals. Three sectors in particular proved especially successful.
Balderton Capital backs UK FinTech Primer in £3.2m seed round
Payment stack consolidation startup Primer has bagged £3.2m in a seed round led by Balderton Capital, the investor behind companies like GoCardless, Revolut and Darktrace.
Fisdom has closed a $7m funding round led by PayU
WealthTech startup Fisdom has bagged $7m in an investment round led by payment technology firm PayU.
F1 Payments recapitalised by York Capital Management alongside growth investment
Fintech F1 Payments has picked up a strategic recapitalisation and growth investment from private investment house York Capital Management.
Digital payments are becoming more popular ECB research shows
Cash may still be king, but new research from the European Central Bank shows digital payments are becoming more popular.
LimePay bags $21m in a pre-IPO round
Buy now, pay later service provider LimePay has reportedly bagged $21m in a pre-IPO funding round.
Payments software developer Pomelo Pay scores £2.1m in funding
Digital payments startup Pomelo Pay has bagged £2.1m in its seed funding round, which was led by Force Over Mass.
STC Pay said to become Saudi Arabia’s first unicorn after close of new round
Saudi Arabia-based STC Pay, digital payment solution developer, has reportedly reached a $1.3bn valuation after the close of a $200m investment.
Cybersecurity, InsurTech and neobank ventures led the 29 FinTech rounds raised last week
Out of the 29 FinTech funding rounds we reported on last week, cybersecurity companies, InsurTechs and challenger banks were among the clear winners.
Newly founded Primer closes another funding round this year
Primer, a low-code payments infrastructure and online checkout API, has scored ?14m in its Series A funding round, led by Accel.