Knoma raises £21m to help more people access education

UK-based education loan platform Knoma has reportedly raised £21m in a funding round comprised of both debt and equity.

CardWorks and Ally Financial pull the plug on merger because of Covid-19

Back in February, technology-enabled finance lender and compliance solution CardWorks announced it would be acquired by digital financial services firm Ally Financial. However, now those plans have been cancelled.

Mortgage POS platform Cloudvirga closes Series C on $50m

Digital mortgage point-of-sale software developer Cloudvirga has raised $50m in its Series C funding round.

Fly Now Pay Later tops its Series A to expand its Klarna-like offering in...

FinTech company that helps consumers spread the cost of their travel over a flexible duration Fly Now Pay Later raised a further £10m in Series A funding, bringing its total to £45m.

ZestMoney said to raise $15m in Series B

POS lending platform ZestMoney has reportedly raised $15m in a Series B round led by Goldman Sachs.

Singapore-based ShuttleOne picks up $500,000 in new funding round

Blockchain-powered FinTech ShuttleOne has bulked up its financial muscles to improve its technology after picking up a round of funding led by Sirius Venture Capital.

Revolut unveils open banking feature for retail and business customers in Ireland

Neobank Revolut boasts having over one million retail and business customers who can from now on enjoy the FinTech unicorn's new open banking feature.

The Chainsmokers’ VC firm backs LoanSnap’s $30m Series B

Smart loan provider LoanSnap has collected $30m in its Series B funding round, which was led by True Ventures True Select Fund IV.

Germany-based CrossLend receives €14m investment

Germany-based CrossLend, a loan securitisation solution, has received a €14m investment.

Stem secures $10m funding round

Distribution and payments platform Stem has collected $10m in a funding round led by Slow Ventures.

News Stories

ZenLedger capitalises on strong year of growth with a Series A close

Tax software developer ZenLedger has scored $6m in its Series A round, after recording 500% revenue growth in the past year.

Ransomware attacks climb dramatically in first half of 2021

A mid-year report by internet security company SonicWall has found the number of ransomware attacks in H1 2021 has already outperformed the entire year of 2020.

Abrigo capitalises on 30% revenue growth with fresh strategic investment

Abrigo, a provider of compliance, risk and lending services, has received a strategic investment from funds managed by Carlyle.

Nationwide unveils new bank cards for the blind

Nationwide Building Society has started issuing ‘dot and notch’ embossed and recycled bank cards for its blind customers.

Amplify closes its seed round to support its mission of driving wealth via insurance

Amplify Life Insurance, a provider of permanent life insurance, has collected $2.5m in its seed round.

Find out how a risk-based approach to cybersecurity can reduce costs and increase compliance

Last year large-scale breaches increased by 300%

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