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 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 Banco BNI Europa is ploughing up to €15m into Spanish auto-financing loans via online specialist Lendrock.
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.
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 has launched a new SME lending fund for institutional investors.
Swedish payments and ecommerce platform could seek valuation of $1.1bn.
Estonian property p2p lending marketplace Estateguru announced that it has secured its first institutional investor.
Funding Societies, a leading peer-to-peer lender in Southeast Asia, has raised $25m in series B funding.
The US banking giant is edging closer to retail financial services, as it buys up Clarity to join its online lending start-up Marcus.