Dutch neobank bunq announces record year and continued growth despite Covid-19
European challenger bank bunq has doubled its user deposits and grown its workforce despite the global pandemic.
3S Money Club closes pre-Series A to help development of new features
B2B merchant banking platform 3S Money Club has reportedly closed its pre-Series A round which was led by Maxfield Capital.
Varo Money closes $45m Series B led by Warburg Pincus
Mobile banking solution Varo Money has closed a $45m Series B funding round led by Warburg Pincus.
Digital bank Tyme extends Series B to $180m
Tyme, a digital banking group aimed at emerging markets, has closed its Series B funding round on $180m
Banking tool developer Narmi closes Series A round
Digital banking solution developer Narmi has bagged $20.4m in its Series A funding round to help community banks and credit unions better compete against megabanks, challenger banks and FinTechs, it claims.
Hong Kong-based Neat nets $11m Series A round
FinTech startup Neats has its mind set on upping its cross-border transaction service for SMEs after raising $11m in a series A round.
Zero bags $20m to support release of its platform to more customers
Online banking platform Zero Financial has closed its Series A on $20m, enabling it to deploy its solution to over 200,000 more people.
Banking, compliance platform Railsbank nets £1.2m
Open banking platform Railsbank has netted £1.2m in a funding round led by Firestartr.
Searches for ‘savings account’ explode by 301%
Google searches for ‘savings account’ have exploded by 301% above the average in October 2022 – reaching the highest level in five years.
CoreChain reels in $1.25m pre-seed to expand network offering
Business-to-business (B2B) payments network CoreChain Technologies has secured $1.25m from a pre-seed funding round.