What last week’s 31 FinTech investments means for the PayTech sector
Out of the 33 FinTech funding rounds we reported on last week, PayTech companies and lending enterprises were the clear winners.
Weavr bags £7m funding to speed up internalisation, product development
Banking and payments software startup Weavr has secured £7m in a seed funding round led by VC firm Headline.
Clearco secures $215m to help it support the growth of e-commerce companies
Clearco, an e-commerce investor, has secured $215m in its latest funding round, which wil help it deepen its suite of founder-first hub of products.
Study anticipates over half of global population to use mobile wallets by 2025
A study by US mobile payments firm Boku gr has found that more than one in two people globally will use a mobile wallet by 2025.
FinTech fidomoney unveils business account offering in UK market
York-based FinTech startup fidomoney has launched its business current account service to consumers in the UK.
Goldman Sachs backs French marketplace lender Younited Credit in $170m funding
French startup Younited Credit has raised a $170m funding round led by Goldman Sachs to scale its data-driven credit offering.
Dutch neobank Bunq reels in $228m at $1.9bn valuation led by Pollen Street Capital
Amsterdam-based challenger bank Bunq raised $228m - a funding round it touted as the largest Series A round for a European FinTech company.
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.
From fame to FinTech: ten celebrity-backed financial firms you must know about
Over the past few decades, celebrities have increasingly taken on roles that go beyond the world of glitz and glam to becoming the next generation of FinTech investors. And the trend seems to be here to stay.
Fintech acquires cloud-based business intelligence provider STX Business Solutions
Financial Information Technologies, LLC (Fintech), business solutions provider for the beverage alcohol industry has acquired STX Business Solutions.