Latin America and teen-focused FinTech services are coming of age as the industry closes...
Last week’s 32 FinTech rounds highlight how Latin America is exploding with new activity, how open banking has nudged closer to being fully adopted across Europe and the rising popularity of teen-focused ventures.
InvestCloud acquires Advicent to help bridge the advisor-client communication gap
Cloud-based financial solutions developer InvestCloud has acquired Advicent, a provider of cash flow, trust and tax financial planning.
Bench closes Series C to support relaunch
Bookkeeping platform for small businesses Bench has closed its Series C funding round on $60m to support its product relaunch.
Financial planning software developer Vena Solutions gets $115m equity financing
Cloud-based financial planning and analysis software developer Vena Solutions has picked up $115m of equity financing led by JMI Equity.
NEA spearheads Metronome’s $43m Series B investment round
Metronome, a promising startup in the FinTech sector, has successfully closed a $43m Series B funding round.
Two-thirds of European firms feel let down by banking provider during pandemic
A survey by Parliament Street Think Tank has found up to 66% of SMEs feel they have been let down by their banking provider during the Covid-19 crisis.
vCita bags $15m in funding round from Forestay Capital
vCita, a business management service for small businesses, has bagged $15m in a funding round led by Forestay Capital.
NYMBUS scores $12m in new funding round as it looks to boost market presence
Financial software developer NYMBUS has closed its latest funding round on $12m, with the aim of increasing its market penetration.
Gen Z and Millennial spending share to grow 48% by 2030, Afterpay report finds
A quarterly report by the buy now, pay later (BNPL) business Afterpay has estimated that spending share by Millennials and Gen Z will grow to almost 50% by 2030.
Payroll unicorn Deel more than quadruples valuation in six months
Deel, a global compliance and payroll solution, has collected $425m in its Series D funding round, bringing its valuation to $5.5bn.
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