Oportun secures $150m loan to boost digital banking
Oportun Financial Corporation has closed a $150m senior secured term loan to drive its mission-driven FinTech and digital banking platform.
Diamond trading service Diamond Standard raises $30m
Diamond Standard, which offers the world’s only regulator-approved diamond commodities, has raised $30m in funding.
AC Ventures backs Indonesian crypto platform Reku
Reku, indonesia-based crypto exchange and marketplace, has raised $11m in Series A funding led by AC Ventures.
Alternative asset management platform Ethic bags $50m
Ethic, a sustainability-focused personalisation-powered asset management platform, has closed its Series C round on $50m.
Composer raises $6m for automated investing platform
Composer Technologies, a US-focused automated investing platform, has closed a $6m investment.
Credit card issuer Power rockets out of stealth with $316m
Power, a FinTech that has launched a full-stack credit card issuance platform, has bagged $316.1m after a $300m credit facility and $16.1m in seed funding.
WealthTech firm InvestSuite closes €6m Series A
InvestSuite, a WealthTech firm that provides automated investment solutions, has bagged €6m from a Series A funding round.
Southeast Asia-focused FinTech Fazz Financial raises $100m
Fazz Financial, a FinTech aimed at Southeast Asia, has raised $100m for its Series C round, which comprises $75m in equity and $25m in debt.
Neem closes seed to improve financial wellness in Pakistan
Neem, a financial wellness platform for Pakistan underbanked communities, has raised $2.5m in its seed funding round.
Revolut is the most searched online banking service in Europe
UK-based FinTech giant Revolut is the most searched online banking service in Europe, according to a study by spread betting broker CMC Markets.
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