WealthTech

Acorns rakes in $300m after scrapping SPAC

Online investing platform Acorns has raised $300m in Series F funding, propelling it to a $1.9bn valuation.

Danish neobank Lunar adds $77m to Series D

Nordic neobank Lunar has closed a Series D-2 extension round on $77m, alongside the launch of a new cryptocurrency service.

Is the metaverse the next frontier for banks?

Ever since Meta, formerly Facebook, gave that presentation on its move to the metaverse, the virtual world has become more of a reality.
Brokerage-as-a-service provider Bricknode partners with Tuum

Brokerage-as-a-service provider Bricknode partners with Tuum

Brokerage-as-a-service provider Bricknode is enabling core banking platform Tuum to add investments to its platform, as part of a new partnership.
Egypt's MoneyFellows raises $31m for its ROSCA app

Egypt’s MoneyFellows raises $31m for its ROSCA app

Egyptian FinTech platform MoneyFellows, which offers a mobile-based platform to digitise rotating savings and credit associations (ROSCAs), has closed its Series B funding round on $31m.
Crediclub

Mexican lender Crediclub bags $80m

Crediclub, a Mexican lending platform, has raised $80m in a recent investment round following a partnership with investor L Catterton. 
Kudos-raises-funding-for-consumer-wallet-shopping-online

Smart wallet Kudos secures $7m

Kudos, a smart wallet that maximises consumer rewards and benefits while shopping online, has raised $7m in seed funding.
All Gravy closes seed for its app that boosts employee happiness

All Gravy closes seed for its app that boosts employee happiness

All Gravy, which helps bolster their employee happiness, has closed its seed round on €3,2m.
Onward-raises-$9.7m-to-support-co-parents-expenses-children

Onward raises $9.7m to support co-parents

Onward, a platform that helps co-parents track and manage shares expenses for their children, has raised $9.7m.
UK-wealth-management-startup-Sidekick-raises-£3.3m-seed-funding

UK wealth management startup Sidekick secures £3.3m

Sidekick, a UK-based wealth management startup, has raises £3.3m in pre-seed funding ahead of its launch next year.

News Stories

CIBC backs Sayari with $40m to boost global commercial risk intelligence operations

CIBC backs Sayari with $40m to boost global commercial risk intelligence operations

Sayari, a counterparty and supply chain risk intelligence platform, has been granted an undrawn $40m revolving credit facility by CIBC Innovation Banking.
Key Carbon secures funding from Marex to bolster clean energy initiatives in Africa

Key Carbon secures funding from Marex to bolster clean energy initiatives in Africa

Key Carbon, a permanent capital vehicle dedicated to building a diverse portfolio of high-integrity carbon credit streams and royalties, has announced a strategic partnership with Marex Group.
The rising value of SDG-linked carbon credits in market pricing

The rising value of SDG-linked carbon credits in market pricing

New findings from BeZero Carbon, a leading global carbon ratings agency, underscore a burgeoning trend in the carbon market: credits linked to the United...
Wealth managers struggle to meet clients’ technology expectations

Wealth managers struggle to meet clients’ technology expectations

Investors are increasingly likely to move away from wealth managers who fail to implement modern technological solutions.
Klarna’s buy now pay later lands on Adyen’s payment terminals globally

Klarna’s buy now pay later lands on Adyen’s payment terminals globally

Klarna, the AI-powered global payments network and shopping assistant, has partnered with Adyen to launch flexible payment methods on physical payment terminals across Europe,...

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