Tag: Fintech

FinTech startup B9 has secured $5m in seed capital and has doubled its year-end customer acquisition target.

Pomelo, which combines credit and international credit and international money transfer, has netted $5m in seed funding to support the launch of its services.

Research led by open banking platform Plaid has found the use and adoption of FinTech has reached mass scale in the UK, with up to 86% of consumers using it.

NerdWallet, a provider of financial guidance to consumers through a range of different tools, is set to go public after it filed an IPO.

A report by Lloyds Bank has found more UK banks are targeting collaboration and acquisitions with FinTech firms to strengthen their position in the growing market.

Recent research by marketing firm Ello has found only one in five consumers believe that their bank values them as a customer.

Texas-based Otto has raised $4.5m from a seed funding round led by venture capital firm Uncommon.

Israeli FinTech startup Futora has secured $6m in funding to fund product development and build out its sales processes in Europe and the US.

Canadian firm Coconut Software has secured $22m from a Series B funding round.

Investment management firm InvestNext has raised $4.3m from a seed funding round headed by Hyde Park Venture Partners.