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.
Ramp lands $1.6bn valuation after fresh funding from Stripe, Goldman Sachs
Business card and expense management startup Ramp raised $115m at a valuation of $1.6bn, making it the latest entry in the growing list of unicorns this week.
Klarna rival Zilch launches buy now pay later feature for in-store purchases in the...
UK-based buy now pay later (BNPL) FinTech firm Zilch introduced a ‘tap and pay-over-time’ solution which enables high street shoppers to make in-store purchases and pay later.
Spoko.app said to raise €5m in its new funding round
International money transfer app Spoko.app has reportedly collected €5m in funding from its strategic investor FinTech Ventures S.A.
Facebook tests Venmo-like QR codes for p2p payments in US
Facebook users might soon be able to pay other users through the app as the social media giant has begun testing Venmo-like QR codes to facilitate peer-to-peer payments.
CRED joins unicorn club with $2.2bn valuation after raising $215m
India-based FinTech startup CRED has been the newest entrée into the unicorn club after a $215m round takes its valuation to $2.2bn.
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.
dLocal snares $150m investment, names new COO and president
Uruguayan payments platform dLocal has secured $150 million from a recent funding round led by investment firm Alkeon Capital.
Airtel Africa picks up $100m cash infusion from Mastercard to boost digital payments in...
African mobile money business Airtel Africa secured $100m from credit card giant, Mastercard.
Audio app Clubhouse launches new payment feature for creators
Audio-chat app Clubhouse launched a monetisation feature for its creators on the platform without charging any hidden fees or commission.