Tag: Banking

iCapital Network hits $6bn valuation hot off heels of former round

iCapital Network, which is boosting access and efficiency in alternative investing industries, has scored $50m in fresh funding, which brings its valuation to $6bn.

Digital bank Tyme extends Series B to $180m

Tyme, a digital banking group aimed at emerging markets, has closed its Series B funding round on $180m

Monzo’s valuation hits $4.5bn as it bounces back from 2020

UK digital bank giant Monzo has reached a $4.5bn valuation after it recovers from its slump in 2020.

SaaS banking dev Mambu hits €4.9bn valuation

Mambu, a SaaS banking platform, has hit a €4.9bn valuation following the close of a €235m Series E round.

MAJORITY boosts banking for migrants with Series A close

MAJORITY, a mobile banking app aimed at migrants to the US, has reportedly raised $27m in its Series A funding round.

Victor Technologies snaps up funding to launch banking APIs

Victor Technologies has scored $6m in its seed round to support the launch of its banking APIs and Vantage risk platform.

Fundbox hits unicorn status after investment round

Fundbox, an AI-powered financial platform for small businesses, has collected $100m in its Series D funding round, which brings its valuation to $1.1bn.

BankFi, The Co-operative Bank partner to give SMEs better banking experiences

BankFi, a technology platform that can be integrated with existing infrastructure to give access to banking services, has received funding alongside a partnership with The Co-operative Bank.

Cloud banking software dev Thought Machine hits unicorn status after Series...

Thought Machine, a cloud native core banking technology platform, has scored $200m in its Series C funding round.

Allica scores Series B funding as loan book surpasses $1bn

Allica Bank, an SME challenger bank, has collected £110m in its Series B funding round, as it extends its loan book beyond $1bn.

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