Boubyan unveils mobile-only Islamic bank in UK market
Kuwaiti-based Boubyan Bank has introduced a digital-centric, Sharia-compliant bank in the UK.
Accounting software provider FreshBooks joins unicorn herd after $130m fresh funding
FreshBooks, a Toronto-based cloud accounting software company focused on SMBs, secured $80.75m in a Series E round of funding, as well as $50m in debt financing.
Nuula raises $120m in funding comprised of debt and equity
Nuula, which helps companies manage their cashflow, has collected $120m in a funding round comprised of debt and equity.
Confidence in banks and bank branches remains high in the UK
A recent bi-annual study by Toluna has found that a majority of UK consumers still have strong confidence in banks and see bank branches as playing an important role.
Nigeria-based Brass collects $1.7m in funding
Nigeria-based Brass, which provides businesses with banking tools that meet their needs, has reportedly collected $1.7m in funding.
Aplazo looks to extend LatAm presence following $27m Series A
Mexican buy now, pay later (BNPL) company Aplazo has netted $27m from a Series A funding round led by Oak HC/FT.
Nearside snaps up $58m Series B following recent rebranding
Small business financial services platform Nearside has raked in $58m from a Series B funding round headed by Valar Ventures.
Investment platform Koia snares $1.4m pre-seed funding
Alternative investment app Koia has raised $1.4m from a pre-seed funding round led by Seedcamp.
France-based Pennylane collects €50m
France-based Pennylane, a full-stack financial management platform, has collected €50m in its Series B, as it looks to bolster its development efforts.
Meet Payhawk, Bulgaria’s first unicorn
Payment and expense solution Payhawk has raised an additional $100m to extend its Series B round to $215m, propelling the company to a billion dollar valuation.
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