Business banking app Rho Technologies bags $15m in its Series A

New York-based business banking account Rho Technologies has netted $15m in its Series A to expand its team.

Rapyd secures $300m in Series D raise

A little over a year since Rapyd achieved its unicorn status, the Mountain View-based FinTech has now raised a $300m Series D financing round to leverage the growing demand for its services.

Curve kicks off 2021 with a $95m Series C to help international expansion

Curve, which enables consumers to combine multiple cards and accounts into a single card and app, has collected $95m in its Series C round.

NAX exits stealth and already has a $300m valuation

New Asset Exchange, or NAX, has burst out of stealth and the corporate asset-creating company has already secured a $300m valuation.

WealthTech Carne Group secures $121.8m in new investment

Digital asset management company Carne Group has netted a $121.8m investment from Vitruvian Partners to expand the WealthTech’s client led technology solutions.

Visa’s acquisition of Plaid has officially been called off

After a year marred by an antitrust suit, Visa's acquisition of Plaid has officially been called off as the CEO says regulatory reviews threatened consumers' interests.

Revolut strengthens anti-fraud infrastructure with new Confirmation of Payee initative

Revolut has launched of Confirmation of Payee, new feature enabling UK customers to be certain that their payments go to the intended recipient.

Caixa taps Backbase to innovate its banking infrastructure

Portugal's largest bank Caixa Geral de Depósitos has inked a partnership with Backbase to create new digital banking channels across all its business lines and achieve a seamless customer experience, starting with SME customers.

Move over Klarna, Checkout.com just became Europe’s most valuable FinTech

Payments solutions provider Checkout.com has closed a $450m Series C funding round at a $15bn valuation, making it Europe's most valuable venture-backed FinTech.

Revolut applies for UK banking licence

Challenger bank Revolut has submitted its application for a bank licence in the UK to the nation's financial regulators.

News Stories

HMRC publishes list of companies fined over $23.8m in total for breaching money laundering...

HM Revenue and Customs has named and shamed businesses that have been fined a total of more than £23.8m for breaking money laundering laws.

Future FinTech Group closes direct offering to the tune of $15m

E-commerce venture Future FinTech Group has closed the registered direct offering of three million share of its common stock at a purchase price of $5.00 per share on January 13, 2021.

Bookkeeper360 secures $1m seed round

Accounting startup Bookkeeper360 has secured $1m in seed capital to scale the venture and brings the total invested into the company to $2.1m since launch.

Expense management platform SalesTrip scored $1.4m in funding

SalesTrip, which builds expense management and travel booking software, has scored $1.4m in its seed funding.

Royale Finance said to collect $1.45m to bring DeFi to the iGaming industry

Royale Finance has raised $1.45m in funding to help merge DeFi with the iGaming industry.
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