Tags UK

Tag: UK

Meniga picks up €7.5m to help banks adapt to FinTech

Digital banking platform Meniga has picked up €7.5m in a round led by Nordic VC Industrifonden. Existing backers Velocity Capital, Frumtak Ventures and Kjolfesta also participated.

83North closes $250m fund to invest in Europe and Israel

London and Tel Aviv-based venture firm 83North has closed a new fund with $250m. The fund is the firm’s fourth raised in 11 years and brings its total under management to $800m.

Zopa backer Forward Partners closes new £60m fund

London-based VC Forward Partners has closed its new early stage fund with £60m. The firm counts peer-to-peer lending platform Zopa among its portfolio.

Balderton Capital sets out to raise sixth venture fund

London-based VC firm Balderton Capital is setting out to raise its sixth fund, according to an SEC filing. No target is set for the fund with the firm previously raising $305m for its fifth fund in 2014.

Quint Group secures £10m for refinancing

Quint Group has secured £10m from Manchester-based Tosca Debt Capital to fund its recapitalisation. Quint Group operates a number of FinTech properties including MoneyGuru.com.

Monzo closes £22m round with £2.5m in crowdfunding

Challenger bank Monzo has wrapped up its latest funding haul with £22m after raising £2.5m in crowdfunding. The London-based attracted a record-breaking 6,5000 investors.

InMyBag pockets £300k to insure freelancers’ laptops

London-based InsurTech startup InMyBag has landed £300,000 in a pre-Seed round from angel investors including onefinestay founder Demetrios Zoppos.

Quantexa scores $3.3m to take on financial crime with data

Financial services big data and analytics company Quantexa has landed a $3.3m investment from Albion Ventures and HSBC. The London-based startup uses its data software to tackle financial crime .

Savings app Squirrel crowdfunds fresh £585,000

Savings app startup Squirrel has secured £585,000 in a crowdfunding campaign on SyndicateRoom, surpassing its £400,000 target. The capital comes from a group of 70 investors.

London VC Octopus Ventures raises £120m to ride AI successes

London-based VC Octopus Ventures has raised a new £120m tech fund after a year of notable exits.