Fintech start-up Plaid to buy competitor Quovo for $200 million in its first major deal
Fintech firm Plaid is making its first major acquisition. The company announced Tuesday it will buy a similar start-up called Quovo for just south of $200 million.
Banking startup N26 raises $300 million at $2.7 billion valuation
Fintech startup N26 is raising a Series D round of $300 million. Following this new funding round, the company is now valued at $2.7 billion.
EY Report: In the UK, Crowdfunding Tops Bank Financing as Preferred Option
EY has published their second annual “Fast Growth Tracker” report that surveys founders and entrepreneurs in the UK.
Orca raises £500k from crowdfunding campaign
P2P supermarket Orca has raised over £500,000 and plans to use the cash to launch a multi-platform ISA, which it says paves the way for a “landmark year”.
Digital wealth manager targets £7m fundraise
Tiller Investments, a new digital wealth manager that launched just five months ago, is seeking £7m in its series B fundraise in 2019.
Payments app scoops £3.2m in Seed funding round
Payments app, B-Social, has raised £3.2m in a Seed funding round.
Peer-to-peer platform ThinCats secures £200m funding deal
The P2P firm has announced a £200m funding programme with BAE Systems Pensions. The deal brings ThinCats' capital under management to £800m.
Fintech startup Plaid raises $250M at a $2.65B valuation
Plaid is announcing a $250 million Series C investment led by famed venture capitalist and the author of the Internet Trends report Mary Meeker, who will join its board of directors as part of the deal. The funds were raised at a valuation of $2.65 billion, according to sources close to the company. Capital from Meeker’s investment came from Kleiner Perkins’ growth fund.