Tag: Tencent
Uzbekistan’s FinTech super-app Uzum lands $70m funding
Uzum has raised $70m in equity financing to accelerate the expansion of its financial and e-commerce services across the country.
The latest round was led...
Scalable Capital lands €155m in funding
Scalable Capital, a Germany-based digital investment platform, has secured €155m in a new funding round as it seeks to bolster its position as a leading retail investment provider across Europe.
Latin American neobank Ualá secures $66m in Series E extension
Ualá, a prominent Latin American neobank providing digital financial services across the region, has expanded its Series E funding round with an additional $66m, bringing the total raised in the round to $366m.
Brazil reinforced its LATAM FinTech market dominance securing half of 2024’s...
Key LATAM FinTech investment stats for 2024: LATAM FinTech funding reduced by 13% YoY
Brazil reinforced its dominance of the LATAM FinTech market as...
LATAM FinTech deal activity halved in 2024 as investors prioritised deals...
Key LATAM FinTech investment stats for 2024: LATAM FinTech deal activity halved in 2024
Deals over $100m grew by 5% for the year as...
Argentinian Ualá secures $300m in Series E to expand LatAm operations
Ualá, the Argentinian mobile banking pioneer, has successfully closed a $300m Series E funding round, spearheaded by Allianz's venture capital arm. According to Finextra,...
TrueLayer lands $50m boost to pioneer pay-by-bank innovation in Europe
TrueLayer, recognised as Europe's premier pay-by-bank network, has recently completed a significant fundraising milestone by securing an additional $50m.
The UK accounts for more than a third of European FinTech...
Key European FinTech investment stats in Q1 2024:
• European FinTech deal activity totalled at 333 deals in Q1 2024, a 41% reduction from the...
Blockchain & Digital Assets takes over as the most active UK...
• UK FinTech deal activity totalled at 118 deal in Q1 2024, a 40% drop from Q1 2023
• UK FinTech companies raised a combined...
Monzo’s expansion journey: Eyeing a $50m boost from Singapore’s GIC
In a significant development within the FinTech sector, the digital bank Monzo is reportedly on the verge of enhancing its financial and global stature through a strategic stake sale.










