News
Money management chatbot Plum raises $4.5m
Money management chatbot Plum has raised $4.5m from investors, adding it plans to use the cash to double staff and expand into new markets.
Checkout.com raises record $230m fintech funding round
Online payments start up Checkout.com has raised $230m, the largest amount ever raised from an early round fintech investment in Europe.
LendingClub partners with Funding Circle
LendingClub has teamed up with global SME lending platform Funding Circle and Opportunity Fund, a non-profit US small business lender, to expand SME’s access to credit in the US in strong expansion of its business model.
New £1bn non-bank lending fund launches
European Risk Capital LLP has launched CreditStream LLP, a £1bn multi-client debt programme providing UK non-bank originator lenders with wholesale funding access to the alternative debt capital markets.
Softbank invests €900m in troubled payments challenger Wirecard
Japanese conglomerate Softbank has agreed to invest €900m in beleaguered German payments firm Wirecard.
SoFi Is in Talks With Qatar for $500 Million Funding Round
Fintech startup Social Finance Inc. is in the final stages of closing a funding round from the Qatar Investment Authority and others, according to four people familiar with the matter.
Credit Karma has completed its takeover of Noddle, ramps up hiring
American finance giant Credit Karma has officially completed its acquisition of credit scoring upstart Noddle, and is embarking on a hiring spree in London and Leeds.
Monzo crowdfunding investors eyeing three-year 6,300% return
Three years ago digital challenger (now) bank Monzo - or Mondo as it was named then - did what many a young start-up keen for growth increasingly does and raised money via a crowdfund raise.
ING Ventures leads €19m funding round for Spanish fintech
Fintech fund ING Ventures led a €19m funding round for Spanish personal finance platform Fintonic, as the start up extends into new markets and services, according to reports.