Iceland’s first challenger bank indó launches from stealth
Icelandic FinTech company indó has launched from stealth after the close of its seed round on $4.5m. This is the first challenger bank to emerge...
Brazilian digital bank Neon scores $300m from BBVA
Brazilian digital bank Neon has received a $300m investment from Spanish multinational financial services provider.
Will Ferrell invests into Danish neobank Lunar
Danish neobank Lunar has welcomed American actor Will Ferrell as its latest investor.
iptiQ and WiZink in bancassurance deal
Swiss Re’s digital B2B2C insurer iptiQ has partnered with digital bank WiZink to focus on the Spanish and Portuguese markets.
Philippines’ first digital-only neobank Tonik nets $131m
Philippines-based digital-only neobank Tonik Digital Bank has closed its Series B funding round on $131m.
How Thndr is making investing more accessible in Egypt
Egypt-based investment platform Thndr has raised $20m in a Series A round to expand its presence across the MENA region.
Happy Money joins growing FinTech unicorn club
Happy Money, a platform for unsecured lending in partnership with credit unions, has closed a $50m Series D-1 funding round.
Neobank Rewire to add insurance offering
Israel-based neobank Rewire, which provides services for expatriate workers, has raised a $25m strategic investment that it said will allow it to develop insurance products.
UAE-based digital wallet Hubpay nets $20m
Hubpay, a digital money wallet, has scored $20m in its Series A funding round, which was led by Signal Peak Ventures.
Vivid money taps into the consumer banking revolution
Berlin-based FinTech startup Vivid Money has raised $114m in a Series C round, propelling the company to a valuation of $884m.