Tag: FinTech funding

Portfolio, an investment app based in Manchester, has raised £1.5m from a hugely successful crowdfunding campaign.

Recognise Bank has revealed it will benefit from £8.7m in new capital following a recent round fundraising by the City of London Group, the former’s parent company.

Almost five months into the year, investment in FinTech is continuing to go from strength to strength. Last week, FinTech Global reported on 40 funding rounds in the industry.

Outfund, a revenue-based finance provider, has pulled in £115m from a Series A funding round of equity capital and debt.

Canadian FinTech firm QuadFi has entered into an agreement for a financing facility of up to $100m with private credit manager Crayhill Capital Management.

The FinTech sector continued to hum along this week, with FinTech Global reporting on 28 FinTech funding rounds this week.

Book Salon, a payment and booking service provider that specialises in hair, beauty and wellness, has bagged €3m from a funding round.

Cashless payment solution provider Dapio has secured $3.4m in funding to support the launch of its ‘Tap to Pay’ solution for Android users in the UK and Europe.

FinTech firm Cardlay has bagged $6m in a funding round as it looks to move onto the next step of its growth journey.

This past week saw 34 deals in the FinTech sector reported, with crypto fund Hack VC taking the prize as the biggest investment with its $200m crypto seed fund.