How Ayoconnect intends to ‘bank the unbanked’ in Indonesia
Southeast Asian open finance platform Ayoconnect has closed a $15m Series B funding round led by Tiger Global.
Nigerian startup Bamboo secures Series A
Nigerian startup Bamboo, which provides an investment platform, has raised $15m in Series A funding led by Greycroft and Tiger Global.
Circula rides expense management wave with ?12m Series A
German corporate expense management platform Circula has raised ?12m from a Series A funding round as the expenses management market continues to heat up.
Walmart-backed Hazel to acquire Even and One
Hazel, the independent FinTech launched in partnership with Walmart and leading investment firm Ribbit Capital, has entered into an agreement to acquire FinTech platforms Even and ONE, as the company emerges from stealth.
Compound exits stealth with $25m Series B
Wealth management platform Compound has closed a $25m Series B round led by Greenoaks and angel investor former Stripe product manager Lachy Groom, a report by Coverager has revealed.
UBS expands US foothold with Wealthfront take-over
Investment bank UBS has entered into an agreement to acquire automated wealth management provider Wealthfront in a $1.4bn all-cash deal.
TrueLayer is taking European banking by storm
European open banking platform TrueLayer has expanded its operations, adding Austria, Belgium, Denmark, Finland and Portugal, for open banking data (AIS) and payments (PIS).
Tuum lands €15m from Portage Ventures-led Series A
Core banking platform Tuum has scored €15m in a Series A round of funding, with Portage Ventures leading the round.
Moneyfarm herds £44.1m Series D from new partner M&G
WealthTech firm Moneyfarm has secured £44.1m in Series D funding from investment firm M&G following a recent partnership between the two companies.
Creditas lands funding amid Latin American FinTech boom
Brazil-based online lending solution provider Creditas has raised $260m in Series F funding, reaching a valuation of $4.8bn.
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