Tag: Online Banking

US challenger bank Chime has reportedly become one of the world highest valued FinTech companies after reaching a staggering $14.5bn valuation.

Digital banking platform Chime has raised up to $200m in a new funding round, according to a new US Securities and Exchange Commission filing.

India-based banking app Finn has reportedly closed a pre-Series A round to support the expansion of its product and team.

Banking app for freelancers Lili has closed its seed round on $10m to support the expansion of the team.

Mobile banking platform Varo Money has nabbed $241m in its Series D round, as it moves closer to national charter approval.

Mexican digital bank Stori has collected $10m in its Series A2 funding round which was co-led by Bertelsmann Investments (BI) and Source Code Capital.

India-based challenger bank Jupiter has reportedly secured $2m in funding as it prepares to launch its services in July.

One, a new US challenger bank which is pitching for a summer launch, has reportedly secured $17m in its Series A round.

British challenger bank Revolut has hit a company valuation of $5.5bn after closing a Series D round on $500m.

UK challenger bank Starling has collected £60m in funding and will reward its 800 employees with shares.