Do these 34 FinTech funding rounds suggest Covid-19 influences investment trends?
Fraud-fighting RegTechs and digital payment providers were among the 34 rounds raised by the FinTech industry last week, areas that are becoming more important during the pandemic.
FCA calls for stricter buy now pay later regulations “to protect consumers”
The buy now pay later sector may have had its best year ever in 2020, but now the UK’s top financial watchdog is calling for stricter rules “to protect consumers”.
Stripe’s valuation soars to $95bn after $600m fundraise
Online payments technology provider Stripe raised a new $600m funding round that values the company at $95bn, nearly tripling from $36bn since April 2020.
FintechOS bags $60m in prosperous Series B
London-based FinTech FintechOS has snared $60m in a Series B funding round led by Draper Esprit.
Freelancer-focused neobank Lili snares $55m in Series B round
New York-based neobank Lili has raised $55m from a Series B funding round led by Group 11.
Tred, Nium partner to launch sustainable debit card
UK FinTech Tred has teamed with B2B payments firm Nium to be the card-issuer for its new sustainable green debit card.
Micro payments service Shrap unveils pilot program to examine future of cash
A pilot program by UK micropayments firm Shrap has begun two pilot programs in Essex and Denny, Scotland to trial and test scalable solutions to help keep cash sustainable.
Novus bags FCA approval to launch sustainable banking app
UK FinTech Novus has secured regulatory approval from the Financial Conduct Authority (FCA) to launch as a company later this year.
Currencycloud, FxPro partner to launch new e-money business
Cross-border payments firm Currencycloud has partnered with global broker FxPro to offer a new e-money service called BnkPro.
Peter Thiel-backed B2B platform ShopUp inks $75m Series B
Bangladeshi B2B commerce platform ShopUp has secured $75m in a Series B funding round headed by Peter Thiel’s Valar Ventures.