Robinhood scores $363m Series D

U.S. online trading platform Robinhood, which provides users with commission-free options and cryptocurrency trading, has today announced the close of a Series D fundraising round to the tune of $363m, led by DST Global. New investors Iconiq, Capital G, Sequoia Capital and KPCB also took part in the round, alongside existing investors NEA and Thrive Capital.


Goldman Sachs eyes Germany for expansion of Marcus

Goldman Sachs plans to extend its Marcus consumer bank across Europe and has picked Germany as the market to follow its imminent UK launch.


Portuguese challenger bank to invest via Spanish auto-finance fintech

Portuguese challenger bank Banco BNI Europa is ploughing up to €15m into Spanish auto-financing loans via online specialist Lendrock.


70% of UK consumers use money apps in 2018

In a time where nearly every person on the street has a smartphone, it may come as no surprise to some that the amount of consumers using an app to manage their finances has skyrocketed in recent years.


Fintech funding hits $127bn

More than $127bn has been invested in fintech companies globally since 2014, with funding topping $40bn last year, according to data gathered by Fintech Global.


BNP Paribas Asset Management launches SME lending fund

BNP Paribas Asset Management has launched a new SME lending fund for institutional investors.


iZettle to announce IPO plan

Swedish payments and ecommerce platform could seek valuation of $1.1bn.


German Varengold Bank Provides Credit Line to Estateguru

Estonian property p2p lending marketplace Estateguru announced that it has secured its first institutional investor.


SoftBank backs Southeast Asia P2P firm in $25m series B round

Funding Societies, a leading peer-to-peer lender in Southeast Asia, has raised $25m in series B funding.


Goldman Sachs acquires personal finance app Clarity Money

The US banking giant is edging closer to retail financial services, as it buys up Clarity to join its online lending start-up Marcus.