Tag: FinTech funding

FinTech firm Tintra has closed the first tranche of its $10m funding round with a $3m investment.

A recent blogpost by Currencycloud has detailed how a goldrush in the French FinTech market has led to the country become the third biggest FinTech hub in Europe.

Small business financial services platform Nearside has raked in $58m from a Series B funding round headed by Valar Ventures.

Mexican corporate spending tracker Mendel has secured $35m across a Series A raise and a debt financing round.

Mexican FinTech Stori has secured over $200m in financing following a $125m Series C raise and a $75m debt financing haul.

South African banking-as-a-service (BaaS) company Jumo has bagged $120m from a recent funding round co-led by Visa, Fidelity Management and Kingsway.

A study by Findexable and has found that only 1.5% of over a 1000 FinTech companies are founded solely by women and receive just 1% of total venture funding.

Credit card business Deserve has secured an undisclosed strategic investment from Visa as the former seeks to expand access to its credit-card-as-a-service solution.

SME financing solution Capital on Tap has secured a £450m funding facility to help foster further growth in the UK.

A recent report by FinTech Saudi has found how Saudi Arabia’s FinTech market has seen a 37% hike in new companies with investment exceeding SAR$1.3bn ($347m).