UK-based FinTech Monva has secured £451,905 in fundraising on crowdfunder Crowdcube – more than double its original target.
French FinTech startup Vybe has raised $2.9m from a funding round to build a challenger bank service for teenagers.
Metro Bank has launched a new invoicing technology aimed at reducing bottlenecks on its mobile application.
Swiss challenger bank Alpian closed a $18m Series B round, less than a year after its $13.6m Series A round.
Open banking platform Plaid hauled in a massive $425m Series D funding round led by Altimeter Capital with participation from new investors Silver Lake and Ribbit Capital, pushing the firm’s valuation to $13.4bn.
Financial wellness platform BrightPlan has closed its Series A round on $9.5m, as it looks to continue its growth momentum that helped it boost its annual recurring revenue nearly fivefold in 2020.
As new technologies and digitalisation continue to change the way wealth managers operate, it’s more essential now than ever to understand the changing needs and requirements of clients and capitalise on client-centricity and digitally-enabled interaction channels.
Osu, a payment app for self-employed, has reportedly collected £2.25m in its seed funding round.
Digital banking platform aimed at Black and Latino communities, Greenwood raised $40m in a Series A funding round led by Truist Ventures.
Financial services firm Chime is in early talks with investment banks on a new stock market flotation which could potentially value the startup at $30bn, Reuters reported.