Banking Infrastructure

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.
fintech-news

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.

News Stories

Prophet Security launches with $11m from Bain Capital to automate security responses

Prophet Security launches with $11m from Bain Capital to automate security responses

Prophet Security, a company that has just stepped out of stealth mode, has announced securing $11m in seed funding.
WealthTech startup Bump raises $3m to revolutionise financial opportunities for creators

WealthTech startup Bump raises $3m to revolutionise financial opportunities for creators

Bump, a Los Angeles-based WealthTech and FinTech platform, has successfully closed a $3m seed funding round.
401GO secures $12m in Series A funding to revolutionise retirement plans

401GO secures $12m in Series A funding to revolutionise retirement plans

401GO, a leading FinTech company dedicated to modernising retirement planning, announced today that it has successfully secured a $12m Series A funding round.
WealthTech Fundpath secures an additional £2m

WealthTech Fundpath secures an additional £2m

Fundpath, a pivotal player in the WealthTech sector, recently confirmed a new investment milestone with a £2m funding round.

Asia-Pacific FinTech leaders launch MSME sustainability drive with Programme Sirius

Programme Sirius was launched today with the support of 13 prominent FinTech companies from the Asia-Pacific region, aiming to enhance sustainability and inclusion for Micro, Small, and Medium-Sized Enterprises (MSMEs).

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