FinTech VC Element snares $130m for B2B fund
UK firm Element Ventures has secured $130m in financial backing for its business-to-business (B2B) FinTech-focused venture capital business.
Robinhood breaks record for worst first day of trading for an IPO of its...
Investing app Robinhood has reportedly broken the record for the worst first day of trading for a company to raise so much capital in its IPO.
Ex Virgin Money chief-founded FinTech Snoop hauls in $20m to fuel expansion
UK-based FCA-regulated money management app Snoop raised £15m ($20.87m) in Series A funding round to support global expansion.
Ritmo bags €13.8m seed funding to scale into new markets
Spanish FinTech firm Ritmo has raised €13.8m from a seed funding round led by JME Ventures.
Crypto banking platform Matrixport hits unicorn status
Matrixport, which claims to be one of Asia’s fastest growing digital asset platforms, has joined the unicorn club, after it closed a Series C round.
India unveils new digital currency, Nigeria eyes e-currency launch in October 2021
India has introduced the e-RUPI, which is a cashless and contactless digital payment system to support the global shift towards digital payments.
Catch bags Series A to enhance its independent worker-focused benefits app
Catch, a portable benefits platform for independent workers, has scored $12m in its Series A round, which was led by Crosslink Capital.
Token driving UK open banking payments expansion, research finds
Market share statistics by CMA9 – the nine largest UK banks – has found open banking platform Token is driving the adoption of open banking payments in the country.
Goldman Sachs, Fiserv team to unveil B2B payments facility
US FinTech firm Fiserv and Goldman Sachs have introduced their first product offering from its ongoing strategic partnership.
African neobank Kuda inks $55m at a $500m valuation to take on incumbents
London-based, Nigerian-operating startup Kuda closed a $55m Series B co-led by Valar Ventures and Target Global at a valuation of $500m.
© FinTech Global © Copyright 2024. All rights reserved.
