What Nubank and Klarna’s colossal rounds from last week reveal about the FinTech industry
While Nubank’s massive Series G round and Klarna's $40bn valuation may have secured the most headlines last week, CyberTech and cryptocurrency ventures bagged the most capital injections.
HSBC bolsters Hong Kong offering with AI-powered equity index product
HSBC has unveiled AiPEX5, a new AI-powered equity index structured product to bolster its wealth offering in Hong Kong.
Neobroker Scalable Capital earns the horn following Tencent-led Series E round
Online brokerage Scalable Capital raised $183m from investors led by Tencent, becoming the latest German FinTech to attract sizable funding.
Dave enters acquisition agreement to speed up IPO plans
US banking app Dave has entered into a partnership with acquisition firm VPC Impact Acquisition Holdings that will result in the former becoming a publicly-traded company.
SoftBank invests in GBM to accelerate democratisation of investments in Mexico
Investment platform in the Mexican stock market Grupo Bursátil Mexicano (GBM)secured up to $150m investment from SoftBank.
How Latin American startups and InsurTechs stole the show among the 37 FinTech investments...
InsurTech companies continued their winning streak last week among the 37 FinTechs that raised big rounds.
Standard Chartered unveils plans to launch cryptocurrency trading venture
Standard Chartered is planning to establish a UK-based cryptocurrency brokerage and exchange for clients in the UK and Europe.
Alternative investments platform Yieldstreet reels in $100m to democratise private investing
Digital investing platform Yieldstreet secured $100m in a Series C funding round led by Tarsadia Investments.
Wise, Teleport co-founders back new European investing app in $1.5m pre-seed
UK commission-free stock trading app Lightyear has raised $1.5m from a pre-seed funding round.
How cybersecurity startups and neobanks scooped the most funds among last week’s 42 investment...
While Covid-19 continues to haunt us, the FinTech industry continues to rake in millions of dollars. Neobanks and cybersecurity companies were the top-scoring sectors to raise investment among the 42 rounds that FinTech Global reported on last week.
