Tag: FinTech funding

FinTech Global reported on 38 FinTech funding rounds this week, with the industry continuing to go from strength to strength.

Swoop, a one-stop money shop for companies, has bagged ?5.4m in a Series A funding round.

Nomad, a Latin American FinTech helping Brazilians establish bank accounts, has raised $32m in financing.

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.