Digital mortgage lender Better.com rakes in a $500m round led by SoftBank

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.

Atom Bank valuation halves after £40m funding raise, gears up for future IPO

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.

The 22 FinTech rounds from the last week you must know about

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 loan broker FinanZero scores $3.6m in its Series A round

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.

OppFi closes $50m in corporate credit facility to help consumers easily access credit

Chicago-based FinTech company OppFi received $50m in a corporate credit facility from Atalaya Capital Management.

What Dataminr’s $475m round among the 33 investments in the FinTech sector last week...

Out of the 33 FinTech funding rounds we reported on last week, cybersecurity companies and cryptocurrency-based enterprises were the clear winners.

deferit said to close $15m in its oversubscribed Series B round

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%.

Jeff bags $1m to boost financial services in Southeast Asia

Loan brokerage platform Jeff App closed a $1m round led by the Estonian Business Angels Network syndicate.

Kreditbee raises $70m in a Series C round to boost consumer financing in rural...

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.

SoftBank-backed True Balance secures $10m debt capital

True Balance scored $10m in debt funding for its non banking financial firm, True Credits.

News Stories

How Ideagen’s three pillars have helped it become a major force in compliance

People, product and customers are Ideagen’s three pillars that have helped it become a tour de force in the compliance space, with it spanning 18 countries and 6,000 clients.

OpenEnvoy snags $6.5m to help companies avoid fraud

SaaS FinTech eliminating AP fraud with automation OpenEnvoy secured $6.5m led by Riot Ventures to expand its automated invoice auditing capabilities.

Ikano taps TruNarrative to support global fraud prevention strategy

Swedish bank Ikano has chosen UK RegTech platform TruNarrative to provide digital onboarding and fraud risk management services for its company.

SmartStream expands global reach with cloud-native AI service launch

Transaction lifestyle management provider SmartStream Technologies has boosted its global footprint with the launch of SmartStream Air version 3.

SumUp collaborates with ZSL on new contactless fundraising tech

UK-headquartered FinTech SumUp has partnered with the Zoological Society of London (ZSL) to develop a digital in-house fundraising technology to make contactless donations.
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