Tink names new chairman as Sweden enjoys wave of FinTech success stories
Open banking company Tink has announced Klaus Holse as its new chairman of the board just as Sweden enjoys a surge of FinTech success...
French FinTech company TagPay bags €25m in new funding
France-based TagPay, which offers a open core banking system for financial service providers, has collected €25m in its latest funding round.
Neobank illimity records €31m in net profits for 2020
Italian challenger bank illimity ended 2020 with €31m in net profit, up from €16m in losses in 2019.
What Dataminr’s $475m round among the 33 investments in the FinTech sector last week...
Out of the 33 FinTech funding rounds we reported on last week, cybersecurity companies and cryptocurrency-based enterprises were the clear winners.
Brex valued at $7.4bn after Tiger Global-led $425m round
Corporate spend management firm Brex raised $425m in Series D funding, doubling its private valuation from a year ago at more than $7.4 bn.
InvestCloud acquires Advicent to help bridge the advisor-client communication gap
Cloud-based financial solutions developer InvestCloud has acquired Advicent, a provider of cash flow, trust and tax financial planning.
Uncapped lands $80m from Spotify investor Lakestar to offer startups wider banking services
UK-based startup which provides funding to startups without taking equity Uncapped raised an $80m funding round to launch a suite of banking services tailored for tech-driven companies.
Truebill hauls in $45m to develop its personal finance app
Personal finance app provider Truebill raised $45m in Series D funding giving it a valuation of $500m.
SIMON unveils Nationwide as newest member of its InsurTech marketplace
SIMON Annuities and Insurance Services have added insurance and financial services business Nationwide as the newest carrier in its InsurTech Marketplace.
Novus collaborates with Visa on sustainable digital banking app
UK-based FinTech Novus has teamed with Visa and Railsbank to develop a mobile application that rewards users for purchasing sustainably.
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