French FinTech startup Nalo completes new funding deal
French FinTech startup Nalo has secured a new funding deal, which was led by Mandalore Partners, an asset manager focused on insurance and savings.
Banking alternative for Web3 Nebeus beats crowdfunding goal
Nebeus, a banking alternative for Web3 that integrates traditional banking and cryptocurrencies, has reached its crowdfunding target of €1.1m.
Clear Street closes second tranche of $435m Series B
New York-based independent prime broker Clear Street has been valued at $2bn following the close of a $270m investment from growth equity firm Prysm Capital.
Impact-as-a-service startup Spiral closes Series A
Spiral, which claims to be a pioneer of ‘impact-as-a-service’, has secured $28m for its Series A round, as it looks to expand across the US.
UBS to buy Credit Suisse in $3.25bn deal
Financial Services major UBS is set to acquire rival bank Credit Suisse in a $3.25bn deal as it hopes to help prevent a banking crash.
Payroll for flexible workers Wingspan nabs $15m
Wingspan, which claims to be the first payroll system purpose-built for flexible workers, has secured $14m in its Series A round.
Ibanera lands $18.5m in capital investment
Digital banking and payments firm Ibanera has raised $18.5m in a funding round to enable itself to keep support its BitLine business line.
Embedded finance platform Railsr completes recapitalisation
Embedded finance platform Railsr has been purchased and re-capitalised by a consortium led by D Squared Capital.
UK FinTech giant Revolut records first full year of profitability
UK FinTech giant Revolut has recorded its first full year of profitability, after it generated £100.3m adjusted EBITDA and £26.3m in profit for 2021.
Varo Bank names Wook Chung as CPO
Varo Bank, the first all-digital, nationally chartered consumer digital bank in the US, has named Wook Chung as its chief product officer.