Digital mortgage lender Better.com raised a massive $500m round from Japanese investment conglomerate SoftBank that values the New York-based company at $6bn up from $4bn in November.
UK challenger Atom Bank has established a £40m fund raise at 60p-a-share, which is just under half the price it raised equity in in 2019.
After the Easter long weekend, our weekly roundup of the big FinTech trends from the past seven days is all you need to keep yourself updated on what’s happening in the industry.
Online lending platform FinanZero, which is based in Brazil, has closed its Series A round on $3.6m to support its expansion and marketing efforts.
Chicago-based FinTech company OppFi received $50m in a corporate credit facility from Atalaya Capital Management.
Out of the 33 FinTech funding rounds we reported on last week, cybersecurity companies and cryptocurrency-based enterprises were the clear winners.
Buy now and pay later FinTech deferit has reportedly collected $15m in its oversubscribed Series B round, which comes after demand for its services rise by 150%.
Loan brokerage platform Jeff App closed a $1m round led by the Estonian Business Angels Network syndicate.
Bangalore, India-based FinTech lender Kreditbee banked $70m in a follow-on Series C round from TPG-backed NewQuest Capital Partners and Motilal Oswal Private Equity.
True Balance scored $10m in debt funding for its non banking financial firm, True Credits.