Redpoint Ventures holds final close of 7th fund on $400m

Redpoint Ventures has closed its seventh early-stage fund on $400m, raising the same total as its predecessor which closed in 2015.

Golden Gate Ventures holds $100m final close for Fund III

Southeast Asia-based venture capital firm Golden Gate Ventures has closed its third flagship fund on $100m.

IBM, Banca Carige partner to launch $500m venture to back technology

IBM and Italian bank Banca Carige launched a $500m joint venture to support technology growth and create the ‘new generation of bank’.

Sunstone Partners hits $475m hardcap for second fund

Sunstone Partners has held the final close for its sophomore fund after hitting its $475m hardcap.

22 FinTech funding rounds from the last week and what they tell you about...

From challenger banks to stock trading apps, the last week has seen a smattering of both massive funding rounds and smaller seed investments.

DCM Ventures looks to raise $750m for ninth fund

DCM Ventures is looking to raise up to $750m for its ninth venture fund, FinTech Global can reveal.

FinTech investor Third Prime looks to almost triple AUM with Fund II raise

Seed and Series A-stage venture capital house Third Prime is back in the fundraising market eyeing up to $60m for its second vehicle.

Rally Ventures targets $150m for third VC fund

Rally Ventures, which invests in early-stage business technology companies, is looking to raise up to $150m for its third venture capital fund.

Wavemaker eyes up $75m for fifth VC fund

Cross boarder VC Wavemaker Partners is looking to raise up to $75m for its fifth fund.

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.

News Stories

Mobile wallet market expected to be worth $7.58trn by 2027

The mobile wallet market size was valued at $1.04trn in 2019 and is projected to reach $7.58trn by 2027, growing at a compound annual growth rate of of 28.2% from 2020 to 2027, according to new research.

For Good Causes expands its charitable efforts beyond the loyalty sector

UK FinTech company For Good Causes is expanding beyond the loyalty sector, having already enabled consumers to donate their loyalty points, cash back and air miles to over 20,000 charities.

German prosecutors have arrested the chief executive of Wirecard’s Dubai unit Cardsystems

The highly publicised collapse of Wirecard has taken another turn with German prosecutors having arrested the head of the company's Dubai-based subsidiary.

Why the founders behind Monument think there’s still room for another UK neobank

Challenger bank Monument has revealed that it is in the later stages of an application process to get a UK banking licence in order to launch a service for affluent clients.

Italian digital banking project raise €45m as the nation is still dealing with Covid-19

Italian banking executives have raised €45m ($50.9m) in a bid to launch a digital bank in a country still dealing with the coronavirus fallout.