Challenger bank Stori raises $32m to boost Mexico’s digital financial services
Digital bank Stori closed a $32m Series B funding round to fuel the credit card payment industry for masses in Mexico.
Monument said to raise £28m as it sets its sights on its launch
Monument, a challenger bank aimed at the wealthy, has reportedly raised a £28m as it prepares for its launch later this year.
Former Paytm Money CEO launches new FinTech venture, Raise Financial
Former Paytm Money managing director and CEO Pravin Jadhav's new FinTech startup Raise Financial has secured seed funding in a round led by Mirae Asset.
Backbase teams up with Zafin
Banking platform provider Backbase has inked a deal to incorporate Zafin’s relationship-based product and pricing capabilities into its Engagement Banking platform.
Razorpay seeks to double its valuation to $2bn via plans to secure up to...
FinTech startup Razorpay is reportedly in talks with existing investor Singapore investment fund GIC to raise circa $150m to $200m in a new financing round.
OakNorth Bank provides ?4.4m coronavirus loan to Beulah Vista Caring Home
Challenger bank OakNorth Bank has completed a ?4.4m Coronavirus Business Interruption Loan Scheme (CBILS) loan to complete the development of a care home.
Tarabut Gateway claims to have raised the largest seed round in the MENA
Open banking platform Tarabut Gateway has bagged $13m in its seed round, which was led by Target Global.
TreeCard secures $5.12m seed round
TreeCard has raised $5.12m to continue the development of its wooden Mastercard payment card and its tree-planting scheme.
Challenger bank Penta closes Series B round with €7.5m totalling funding amount to €30m
German challenger bank Penta has topped up its Series B adding an additional €7.5m injection, therefore bringing its total amount raised to €30m.
FinTech startup Avenews-GT bags $3m to help farmers connect with financial institutions
Digital agricultural trading platform Avenews-GT closed a $3m Series seed fund from the venture arm of global holding group XT Holdings, XT Hi-Tech.
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