UK challenger bank Atom Bank has raised a further £83m in equity capital. The round takes Atom’s total funding to £219m and values the Durham-based company at £261m.
Early growth-stage fintech investor Quona Capital and non-profit firm Accion have reach a final close of $141m on their financial inclusion-focused fund.
Digital asset exchange Kraken has acquired charting and trading platform Cryptowatch in an undisclosed deal.
Online insurer to small and medium sized businesses Next Insurance has picked up $29m in a Series A round led by Munich Re/HSB Ventures.
London still attracts over 82% of FinTech investment capital but a closer look at the data shows that other parts of the UK are making progress. We had a closer look at the numbers and found that early-stage investments actually increased over the last three years. Overall UK FinTech investments dropped by just over 15% last year Investments in private UK...
Palo Alto-based FinTech investor Ribbit Capital is on the hunt for a new fund. The Wealthfront, Avant and Funding Circle backer is looking for $300m, according to an SEC filing.
Early stage VC Floodgate has closed its latest fund at $131m according to an SEC filing that shows the firm brought in cash from eight investors.
London-based real estate investment platform BrickVest has raised half of its latest £4m funding round. The company took on £2m from angel investors.
In the wake of Prosper’s $5bn loan financing deal, there’s further positive signs for the online lending space with Upstart raising $32.5m in its Series D round.
Indian digital lending and financial wellness startup CreditMantri has raised $7.6m in its Series B round. The investment was led by Quona Capital.
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