Seven Stars Cloud to raise $40m from GT Dollar

Traditional financial market asset management platform Seven Stars Cloud Group has entered a purchase agreement with GT Dollar for the sale of SSC common stock.

Credit management platform AsiaCollect secures $4.5m round

Integrated credit management platform AsiaCollect has secured $4.5m in a round led by SIG Asia Investments.

GoodData nets $24m in equity and debt round

GoodData, which provides businesses with actionable insights, has pulled in $24m in its equity and debt financing round.

Starling Bank enters “rocket ship mode” as the FinTech firm forecasts it will break...

Anne Boden, founder and CEO of Starling Bank, believes the challenger bank will break even by the end of next year as the company has doubled its users since 2018.

Stripe launches payment services to 7 new markets

Stripe, payments processing giant, has launched its services in services in Poland, Estonia, Latvia, Lithuania, Slovakia, Slovenia, and Portugal.

BlueVine raises $102.5m in new Series F funding round

SME financing and banking services scaleup BlueVine has raised a huge $102.5m Series F round led by ION Crossover Partners, the venture capital firm.

WealthKernel nets £4.5m in its Series A

Digital wealth infrastructure company WealthKernel has netted £4.5m in its Series A round from ETFS Capital.

LendingClub acquires Radius Bank in $185m deal

LendingClub, an online lending marketplace, has wholly acquired Radius Bancorp, which includes its digital banking platform Radius Bank.

OpenPayd enhances its SEPA payment capabilities

Banking-as-a-Service provider OpenPayd has enhanced its payments capabilities with direct access to the SEPA (Single Euro Payments Area) payment scheme.

Financial institutions individually spent over €50m on open banking last year

From: RegTech Analyst Open banking may have divided market stakeholders about how successful the initiatives have been so far, but that hasn't stopped financial firms...

News Stories

Lydia teams with Cashbee to establish savings accounts offering

French mobile payments company Lydia has partnered with compatriot FinTech Cashbee to add saving accounts to its platform.

FinTech investment growth in the Baltics paused in Q1 due to lack of large...

FinTech companies in the region raised just $11.2m across 12 deals during the first three months of 2021 expends Estonia footprint with Icefire acquisition

Payments solutions provider Checkout.Com has purchased Estonian software development firm Icefire for an undisclosed fee.

ThreatX collects $20m investment to support move into new verticals

Web application and API protection service ThreatX has scored $10m in funding to support its move into new verticals.

Finley secures $3m seed funding to support new product launch

Debt capital raise and management solution Finley has bagged $3m in seed funding, alongside launch of credit facility management tools.

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