Unit closes its Series B on $51m, alongside new product launch
Banking-as-a-service startup Unit has closed its Series B on $51m, alongside the launch of its new banking solution development tool.
Tide banking valued at $650m after snagging a $100m Series C round
UK business banking platform Tide has raised over $100m in Series C funding at a valuation of $650m led by Apax Digital, the growth equity team of Apax Partners.
Automation FinTech Hyperscience closes its second series round of 2020
Automation software developer Hyperscience has closed its Series D round on $80m to take advantage of on its three-times year-over-year growth.
BNPL market projected to generate almost $4trn annually by 2030
A report by Allied Market Research has projected that the buy now, pay later (BNPL) will generate $3.98trn by 2030 and record a CAGR of 45.7% from 2021 to 2030.
Tax returns app Taxfix receives $30m for Series B round
Taxfix, a mobile assistant for tax returns, has raised $30m for its Series B financing round to support the development of its tax app.
Professional network management tool Affinity scores $13.5m
Network management platform for finance professionals Affinity has picked up $13.5m in its latest funding round led by 8VC.
French-FinTech Spendesk bags extends Series C
Spendesk, which styles itself as a seven-in-one spend management solution for SMBs, has collected €100m in an extension to its Series C round.
Amazon backtracks Visa ban
Amazon has shelved its plans to stop accepting Visa credit cards and is instead working on a “potential solution” to allow customers to continue using them.
Neobank Open launches finance platform Zwitch
Bangalore-based neobank Open has launched a no-code embedded finance platform called Zwitch, according to a report by FinTech Futures.
Zwitch handles the banking partnerships, compliance...
Lux closes $6m funding from Credit Suisse
Front-to-back office automation solution Lux has closed a $6m investment to fuel the company’s growth.