Tag: financial innovation

Wealthsimple raises $750m, hits $10bn valuation

Wealthsimple, Canada’s leading FinTech company, has announced a significant equity round of up to CAD $750m, propelling its post-money valuation to CAD $10bn.

Cobre launches real-time B2B payments in Colombia

Cobre is set to become the first platform in Colombia to offer real-time, interbank payments exclusively for businesses.

Kiara Capital launches $40m fund for Latin America FinTech

Kiara Capital, a Miami-based venture capital firm founded in 2023, has announced the first close of its debut fund, aiming to raise up to $40m.

InnBucks teams up with Mambu to drive pan-African digital banking expansion

InnBucks MicroBank Limited has selected cloud-native banking platform Mambu to power its transition from a digital wallet solution into a fully integrated digital bank.

California cemented its place as the US FinTech hub with over...

Key US FinTech investment stats in Q1 2025: US FinTech deal activity dropped by 58% QoQ in Q1 2025 California cemented its place as...

Zepz lands €152m boost to fortify global remittances

London-based Zepz, the parent company behind renowned remittance services WorldRemit and Sendwave, has successfully obtained €152 million in combined revolving and term credit facilities.

Betashares led the pack as Australian FinTech funding dropped by 74%...

Key Australian FinTech investment stats in 2024: Australian FinTech funding dropped by 74% YoY in 2024 Average deal value dropped to $15.6m as investors...

India joins top three for global FinTech deal activity as overall...

Key Global FinTech investment in 2024: Global FinTech deal activity halved in 2024 India joined top three for global deal activity with 4% of...

WiseAlpha launches UK’s first high-yield corporate bond ISA for retail investors

WiseAlpha has introduced the UK’s first-ever High-Yield Corporate Bond Innovative Finance ISA (IF ISA), providing retail investors with unprecedented access to corporate bonds.

MoneyLion reduces cost of capital with $70m refinancing from Silicon Valley...

MoneyLion has successfully completed a $70m loan facility refinancing with Silicon Valley Bank (SVB), a division of First-Citizens Bank & Trust Company.

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