Tag: UK

Digital challenger bank Monzo has blasted through its £2.5m crowdfunding target in less than four hours of opening pre-registration for the campaign.

Challenger bank Tandem is set to receive a £35m investment form UK department store firm House of Fraser.

Financial agreement automation platform Dealflo has picked up £10m in a Series B round led Holtzbrinck Ventures. Existing backer Notion Capital also participated alongside Frog Capital.

The app-only bank has already closed £19.5m in a Series B round led by Thrive Capital and plans to raise a further £2.5m through crowdfunding.

European VC Atomico has closed its fourth fund at $765m, making it one of Europe’s largest tech funds to date.

Connect Ventures led the round for the London-based startup with Graph Ventures and individual angel investors also participating.

European VC firm Draper Espirit has raised £160m for its new tech fund. The London-based firm counts crowdfunding platform Crowdcube and payments hardware-maker Miura Systems among its FinTech investments.

UK online mortgage broker Trussle has raised £4.5m in a new funding round as it reaches a milestone of £1bn worth of mortgages managed.

It’s not just big banks and corporations fintech startups are trying to serve. Small and medium sized enterprises (SMEs) offer a massive market for FinTech companies.

Derivatives risk analytics company OpenGamma has landed a $1m from Japan Exchange Group (JPX) in exchange for a minority stake in the business.