FinTech backer Menlo Ventures launches $450m-targeting special opportunities fund

Menlo Ventures is upping the stakes for its second tilt at a "special opportunity" fund raise by eyeing up to $450m for the vehicle.

TTV Capital closes fourth FinTech fund with $93m

Atlanta-based FinTech investor TTV Capital has closed its fourth fund with $93m. The fund is more than twice the size of its third fund that closed at $40m in 2013.

Bain Capital eyes $1bn cyber, enterprise software fund to fill gap between VC, buyout...

Global private equity heavyweight Bain Capital is reportedly eyeing up to $1bn for a new fund targeting cybsecurity and enterprise software, with plans to expand to fintech and other areas in the future.

NXTP Labs looks to raise $120m for Fund II

Latin America-focused investor NXTP Labs is looking to raise up to $120m for its latest fund, FinTech Global can reveal.

Swedish InsurTech Insurello bags $8.04m to fund international expansion

Insurello has secured $8.04m in a new investment round led by Inventure and Schibsted with the participation of existing investor Luminar Ventures.

NEX Group founder Michael Spencer becomes major investor in Element Ventures’ new UK FinTech...

Element Ventures is the name of a new fund aimed at supporting the UK’s FinTech industry. Now it has been revealed that Michael Spencer, founder of the NEX Group, has invested £25m into the new £100m fund.

Uplift raises $123m in Series C round

Travel industry FinTech Uplift has closed a $123m Series C financing round led by Madrone Capital Partners. Existing investors Draper Nexus, Ridge Ventures, Highgate Ventures, Barton Asset...

Eos Venture Partners closes new fund to capitalise on opportunities arising from the coronavirus

InsurTech-focused investment firm Eos Venture Partners has closed its latest vehicle to seek opportunities in the digitalisation of insurance caused by the coronavirus.

Al Weiss’ GBV launches $100m fund to invest in blockchain tech

Global Blockchain Ventures has launched a $100m venture focused on investing in blockchain technology.

Revolution holds $150m final close for sophomore Rise fund

Revolution has held the $150m final close for its sophomore Rise of the Rest Seed Fund, which will back

News Stories

Lloyds Bank taps Minna Technologies and Visa for new digital bank subscription management tool

Lloyds Bank has announced that its customers will soon be empowered to better view, manage and amend their subscriptions through its banking app.

Opera to acquire digital bank Fjord Bank

Browser provider Opera is looking to buy challenger bank Fjord Bank in a bid to further accelerate Opera's European FinTech operations.

FinTech unicorn Marqeta prepares for IPO

Rumours about Marqeta going public have found new energy as sources say the payment card issuing startup is in talks with investment banks for an initial public offering (IPO).

Wirecard’s Dublin office raided by police

Irish police raided failed payments technology giant Wirecard's Dublin offices at the end of last week.

Nicolas Weng Kan has been named as smart money app Yolt’s new CEO

Nicolas Weng Kan, the former Google Compare and Confused.com CEO, has been named as the new head honcho of smart money app Yolt.