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Online investing app Wealthsimple has reportedly joined the ever-growing list of FinTech unicorns, after the close of a $114m investment.
This year has seen numerous FinTech unicorns and Unqork has continued this trend following the close of a $207m Series C round that increased its valuation to $2bn.
Greenlight Financial Technology, a FinTech educating children about finances, has reached a $1.2bn valuation after the close of a $215m Series C.
Small business insurance provider Next Insurance has scored $250m in its Series D round to help it grow the team by 50%.
US challenger bank Chime has reportedly become one of the world’s highest valued FinTech companies after reaching a staggering $14.5bn valuation.
Cross-border payment platform dLocal has joined Latin America’s growing list of FinTech unicorns, following the close of a $200m round.
Retail investment platform Robinhood has reached the highly-coveted decacorn list after a new funding round sees it reach a $11.2bn valuation.
InsurTech Hippo has cemented its place in the coveted unicorn club by raising a $150m round at a $1.5bn valuation.
The highly publicised collapse of Wirecard has taken another turn with German prosecutors having arrested the head of the company's Dubai-based subsidiary.