Zopa on track to be fastest digital bank to reach profitability after £220m investment
UK challenger bank Zopa has secured £220m in funding, as it edges closer to becoming profitable.
B2B domestic payment transaction value to exceed $54trn in 2023
A study by Juniper Research has found the transaction value of business-to-business domestic payments across payment methods is expected to surpass $54trn in 2023.
N26 closes largest financing of a European digital bank
German digital bank N26 has reached a $9bn valuation, following the close of a $900m investment round, which it claims to be the largest financing of a digital bank in Europe.
Fastest growing mobile banking personalisation platform Finotta collects seed round
Finotta, which claims to be the fastest-growing player within mobile banking personalisation, has scored $3m in seed funding.
Biggest ever equity crowdfund on Crowdcube sees FinTech Chip bag £11.5m
Digital savings account Chip has raised £11.5m in what is to date the biggest equity crowdfund held on investment crowdfunding platform Crowdcube.
Plum plucks $14m from Series A raise
UK FinTech startup Plum FinTech has brought in $14m from a Series A funding round headed by Ventura Capital and DMG Ventures.
Changing the world with sustainable investing – Grünfin gears for launch
Female-founded Grünfin, which provides consumers with access to sustainable investments, has collected €2m in funding as it gears up for its launch.
Nigerian FinTech Sparkle nets $3.1m seed to scale operations
Sparkle has secured $3.1m in seed funding to expand the reach of its mobile-first digital bank service.
Tala nets $145m in funding to help the global unbanked
Tala, which claims to be building the world’s most accessible financial services, has netted $145m in its Series E round.
TradingView hits $3bn valuation following large Tiger Global investment
Retail traders and investors social network TradingView has secured $298m in financing from Tiger Global, bumping up its overall value to $3bn.
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