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.

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