N26 has raised new funds from investors giving it a valuation of $3.5bn, making the German digital bank one of Europe’s most valuable fintech start ups.
Digital credit firm Jaja Finance has bought Bank of Ireland’s (BoI) British credit card portfolio for £530m in a bid to “become a major player in the UK credit card market”.
Certior Capital has closed its latest private credit fund, €100m Certior Credit Opportunities Fund II, aimed at the direct lending space.
Monzo, the fast-growing U.K.-based challenger bank with more than two million account holders, has raised £113 million (~$144m) in additional funding.
Funding Circle has struck a deal with Swedish finance house Avida Finans to lend an initial €50m to small firms in Germany and the Netherlands this year.
One of the world’s largest banks is about to join the digital mortgage revolution, as HSBC Bank USA, the U.S. arm of HSBC Group, announced that it is partnering with Roostify to launch a digital mortgage platform.
Daw Capital, a venture capital fund manager focused on B2B software and fintech, has secured a $125m pot from investors including British Patient Capital, family offices and other institutions across Europe and the US.
As part of its Series D in February Swedish fintech Tink posted an impressive roster of investors including Insight Venture Partners, Christian Clausen, former chairman of the European Banking Federation, and Revolut founder Nikolay Storonsky.
SAO PAULO, June 6 (Reuters) - Japan’s Softbank Group Corp is in talks to invest in Brazilian financial technology company Nubank, a source said.