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Tag: funding

New funding set to make Monzo second-largest UK fintech startup

After reportedly closing a £100 million funding round, digital challenger bank Monzo will see its valuation double to nearly £1.9 billion and become the UK’s second most valuable fintech startup, Jane Connolly reports. Read more: www.bankingtech.com

Vayana Network enables Rs.15000+ Crores in Trade Financing

Vayana Network, India’s largest 3rd party Short-Term Trade Finance (STTF) platform, announced that it has facilitated over Rs.15000 crores in trade finance. Read more: www.fintech.finance

PixelPin secures £1.5 million in funding led by SBI Invest

UK identity and cybersecurity startup PixelPin, which uses image-based authentication instead of passwords, has today announced it has closed a £1.5m Pre-Series A funding round, led by Japan's SBI Invesment. Read more: www.finextra.com

Boost Payment Solutions closes $12m funding

Boost Payment Solutions has closed a $12 million Series B equity and venture debt funding round led by Mosaik Partners and North Atlantic Capital. Read more: www.bankingtech.com

Fintech’s Newest Unicorn Bill.com Raises $88 Million in New Funding

In a round led by Franklin Templeton, business payments innovator Bill.com has raised $88 million in new funding. Read more: finovate.com

GEO Protocol raises seed round from CoinFund to accelerate development of...

GEO Protocol, a financial technology startup, has announced an investment in its seed round by CoinFund, a premier New York-based cryptoasset investment firm. Read more: www.fintech.finance

New $4.8m funding for SME bank Novo

Novo has raised $4.8 million in venture seed financing to make banking accessible for small businesses by launching no-fee FDIC-insured digital banking. Read more: www.bankingtech.com

Credijusto closes $100m credit facility with Goldman Sachs

Mexican lender Credijusto has closed a credit facility with Goldman Sachs for up to $100 million. Read more: www.bankingtech.com

Stash Scores $65 Million; Launches Stock-Back Rewards

With the stock market in rally mode and up significantly from the Christmas Eve lows, micro-investing fintech startup Stash is celebrating the occasion with a $65 million fundraising. Read more: www.finovate.com

Dutch SME lender Finturi raises €2m funding

Netherlands-based SME lender Finturi has raised an angel investment of €2 million from NetSam Participaties. Read more: www.bankingtech.com