Fundbox hits unicorn status after investment round
Fundbox, an AI-powered financial platform for small businesses, has collected $100m in its Series D funding round, which brings its valuation to $1.1bn.
Vybe bags $2.9m to launch teen challenger bank
French FinTech startup Vybe has raised $2.9m from a funding round to build a challenger bank service for teenagers.
UiPath collects $153m in Series B funding round
Robotic process automation software company UiPath has collected $153m in its Series B led by Accel.
Europe embraces open banking, Tink reports
Financial institutions across Europe are “betting big” on open banking payments, according to new research from European open banking platform Tink, citing tangible benefits for merchants and their end users.
Kiwi FinTech leader Akahu nets $1.4m from Westpac NZ’s venture capital wing
Westpac NZ's venture capital division, Red Bird Ventures, has taken the lead in a $1.4m funding round for Akahu. The Kiwi FinTech firm also saw participation from co-investors K1W1 and NZ7 Investments in this round.
Rapyd to acquire payments firm Valitor for $100m
US payments network Rapyd is set to purchase Icelandic company Valitor from Arion Bank in a $100m deal.
27 FinTech rounds from the last week you can’t afford to miss
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.
Integrated Finance closes ?2m seed round to improve collaboration in finance
Integrated Finance, a FinTech infrastructure platform, has netted ?2m in its seed funding round, which will bolster its platform development.
Y Combinator-backed financial data collaboration platform Abacum raises $7m
Real-time financial and operational data collaboration tool Abacum netted in $7m through a seed round funding led by Creandum alongside existing investors Y combinator and PROFounders.
Cutover scores $17m in its Series A round
Cutover, a work orchestration platform to improve operational resilience, has received $17m in its Series A round from Barclays and Index Ventures.
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