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UK-based Zilch extends Series C by USD 50 mln, totalling USD 160 mln

News | Online & Mobile Banking | 30 Jun 2022

UK-based double unicorn Zilch has extended its Series C by USD 50 million, taking the total raise to USD 160 million. 

Unicorn, fintech, investment, Open Banking, BNPL

Crypto investment platform nobank receives CHF 1 million

News | Cryptocurrencies | 22 Jun 2022

Switzerland-based crypto startup nobank has announced receiving CHF 1 million in financing.

investment, financing , cryptocurrency, DeFi, blockchain, transactions

UK's app Cleo raises USD 80 mln

News | Online & Mobile Banking | 20 Jun 2022

UK-based financial app Cleo has raised an additional USD 80 million following backing by tech investor Sofina.

funding, investment, personal finance management, wealth management

Trovata enters Europe with USD 27 mln Series B

News | Online & Mobile Banking | 07 Jun 2022

Fintech Trovata has opened offices in London and Amsterdam to support its European expansion plans for its cash management platform for businesses.

online banking, cash management, Open Banking, expansion, investment

Upvest raises USD 42 mln for international expansion

News | Payments General | 17 Jun 2022

Germany-based fintech Upvest has landed a USD 42 million investment to expand internationally and augment the company’s API.

investment, API, cryptocurrency, digital assets, fintech, BaFin

Fintech amnis completes Series A financing round of CHF 8.6 million

News | Online & Mobile Banking | 16 Jun 2022

Switzerland-based fintech AMNIS Treasury Services (amnis), which aims to simplify international banking for SMEs, has closed a CHF 8.6 million Series A financing round. 

investment, expansion, financing , ecommerce, SMEs, IBAN

PayCargo startup raises USD 130 mln in latest funding round

News | Payments General | 16 Jun 2022

PayCargo, a startup that offers a payments and data insights platform for logistics companies, has raised USD 130 million as it expands into new regions across Asia, the Middle East, and LATAM.

funding, investment, payment methods, e-invoicing

Huddlestock Fintech partners with Solarisbank

News | Online & Mobile Banking | 16 Jun 2022

Huddlestock Fintech has announced the signing of a full white-label contract with Solarisbank, an European Banking-as-a-Service platform with headquarters in Berlin, Germany, according to MarketScreener.

partnership, Solarisbank, BaaS, investment

Indonesian fintech Flip secures USD 55 mln Series B extension

News | Mobile Payments | 15 Jun 2022

Indonesia-based fintech platform Flip has received a USD 55 million Series B extension round led by Tencent with participation from Block and Insight Partners.

e-wallet, remittance, cross-border payments, money transfer, investment

Clausematch secures USD 10.8 mln investment round

News | Digital Identity, Security & Online Fraud | 15 Jun 2022

UK-based regtech company Clausematch has closed a USD 10.8 mln funding round to increase its commercial activities in the US.

regulation, funding, compliance, investment, regtech, SaaS

Defacto secures USD 15 million

News | Online & Mobile Banking | 14 Jun 2022

France-based provider of instant financing to small and medium enterprises Defacto has secured EUR 15 million in a Series A funding round, according to tech.eu

investment, expansion, online banking

Dastgyr receives USD 15 mln investment from VEON Ventures

News | Ecommerce | 14 Jun 2022

Pakistan-based B2B ecommerce platform Dastgyr has obtained USD 15 million from VEON Ventures as part of its Series A to increase Pakistan’s ecommerce market.

investment, marketplace, ecommerce, mobile payments, expansion

Covering the space between high street banks and private banks – RIDE Capital interview

Interviews | Online & Mobile Banking | 10 Jun 2022

With fintechs gaining a rapid popularity, Christine Kiefer, founder of digital private bank RIDE Capital, offers insights on the way forward for banks, fintechs, and their users.

banks, fintech, digital banking, investment, startup, digitalisation, digital assets, financial services, risk management, compliance

Backbase raises EUR 120 mln

News | Online & Mobile Banking | 09 Jun 2022

Backbase, a Netherlands-based Engagement Banking Platform, has raised EUR 120 million in growth equity funding from Motive Partners.

banks, funding, partnership, fintech, investment

Kroo raises GBP 26 mln in Series B

News | Online & Mobile Banking | 08 Jun 2022

UK-based Kroo has closed their most recent funding round, raising GBP 26 million. 

funding, neobanks, expansion, banks, investment

Trade Republic receives EUR 250 million

News | Online & Mobile Banking | 08 Jun 2022

Germany-based online broker Trade Republic has secured EUR 250 million in an extended Series C financing round. 

investment, financing , banking, BaFin, IPO, Venture Capital

Bud obtaines USD 80 mln Series B for global expansion in 2022

News | Online & Mobile Banking | 07 Jun 2022

Open Banking provider Bud has obtained USD 80 million in funding to grow its client portfolio, develop its models, and build on its international expansion, according to AltFi.

 

investment, funding, Open Banking

ecolytiq raises EUR 13,5 mln

News | Payments General | 02 Jun 2022

Germany-based Sustainability-as-a-Service solution provider ecolytiq has closed their investment round, raising EUR 13,5 million from Visa.

funding, banks, ESG, investment, partnership

Gula Tech Adventures invests in 1Kosmos

News | Digital Identity, Security & Online Fraud | 02 Jun 2022

Gula Tech Adventures has made a strategic investment in 1Kosmos, a US-based company that unifies identity proofing and passwordless authentication.

investment, online authentication, digital identity, cybersecurity, startup

Request Finance startup closes USD 5.5 mln in seed round

News | Cryptocurrencies | 09 Jun 2022

Request Finance, a Web 3.0 enterprise crypto payments startup, has closed a USD 5.5 million seed round with institutional backers including metaverse company Animoca Brands.

funding, Web 3.0, investment, crypto, digital payments