Business bank account Penta nets ?7m to support team expansion
German business bank account Penta has netted ?7m in a new investment round, to support expansion of its team.
Nubank reportedly bags $180m investment from Tencent
Brazil-based challenger bank Nubank has reportedly received a $180m investment from Chinese backer Tencent.
MONETA to acquire Air Bank, Home Credit Czech businesses
MONETA Money Bank is set to acquire Czech-based Air Bank and a number of Home Credit’s businesses.
Tangerine partners with Meniga to support Canadian consumers with finances
Canadian direct bank Tangerine has formed a partnership with Meniga, a digital banking solution developer.
Ualá said to raise $34m in Series B led by Goldman Sachs
Ualá, a mobile banking platform, has reportedly raised $34m in its Series B round led by Goldman Sachs Investment Partners.
Banking app Kontist said to close its Series A
Kontist, a banking app designed for freelancers, has reportedly closed its Series A on an undisclosed amount.
Masthaven bags £60m investment from Värde
UK-based challenger bank Masthaven has received a £60m equity investment from Värde Partners.
SEBA nabs $101m to support it with getting a bank license
Switzerland-based SEBA Crypto has netted CHF 100m ($101m) in funding to build a FINMA licensed bank.
Santander’s digital bank OpenBank launches robo-advisor tool
Santander Group's digital bank OpenBank has launched its new robo-advisor tool to support consumers with micro-investments.
French challenger bank Qonto collects €20m Series B
France-based challenger bank Qonto has collected €20m in its Series B round of funding.