San Francisco VC firm eyes Lithuanian FinTech investment

Venture capital startup Launchpad Capital is investing up to $35m in early-stage Lithuanian startups who are looking to break into the North American market.

B-North edges closer to £20m Series A goal after fresh investment

SME lending bank B-North has raised more than £560,000 for its latest funding round, beating its initial target.

MAS launches RegTech and digital schemes, commits S$42m to boost adoption

The Monetary Authority of Singapore (MAS) has introduced a RegTech grant scheme and an enhanced digital acceleration grant (DAG) program to boost tech use in the financial sector.

Three ways FinTechs are leaning into PayTech innovation

In the wake of COVID-19, research suggests FinTech companies are experiencing a strong growth spurt giving them the opportunity to innovate like never before.

Goldman Sachs empowers Starling Bank with £50m injection

Goldman Sachs’ Growth Equity has invested £50m into the UK’s leading digital bank Starling.

Nexi, Fiskl collaborate to bolster open banking services

FinTech mobile platform Fiskl has partnered with PayTech leader Nexi to bolster the latter’s open banking offering.

Uganda-based Numida said to close $2.3m in its seed round

Uganda-based FinTech platform Numida has reportedly scored $2.3m in its seed funding round, which will help it expand across West Africa.

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.

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.

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

Accounts automation firm Stampli lands $50m to ease business payments

Accounts payable (AP) automation company Stampli landed $50m in a Series C funding round led by Insight Partners, bringing its total funding to more than $87m.

Jamf to bring zero trust to Apple following Wandera purchase

US enterprise management software company Jamf is set to acquire zero-trust cloud security firm Wandera for $400m in cash.

Bill Gates, Jeff Bezos and Mark Zuckerberg-backed VC fund joins seed round for Brazilian...

FinTech offering LatAm businesses access to growth capital Divibank closed a $3.6m round of seed funding led by San Francisco-based Better Tomorrow Ventures and Village Global which includes Bill Gates, Jeff Bezos and Mark Zuckerberg as investors.

Google Pay enables users to send money across borders

US-based Google Pay users can now remit money to GPay users in the Indian subcontinent via the Google Pay app as the company forays into international payments.

SwissBorg teams with OpenPayd to bolster financial service suite

Cryptocurrency platform SwissBorg has partnered with payments company OpenPayd to help the former embed a full suite of financial services into its user experience.

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