News

30Oct2019

Tide secures £44.1m in its “first round” of Series B funding

The business banking service Tide will look to expand internationally after closing the first of two Series B funding rounds, raising £44.1m to expand the business.

24Oct2019

Spanish mobile banking app raises $25m in Spain's biggest ever Series A funding round

Spanish fintech startup Bnext has raised a $25m (£20m) funding round, the biggest ever Series A funding round in the country.

22Oct2019

National Australia Bank to provide $57m warehouse funding facility to Symple Loans

Australia's biggest business bank is furnishing a $57m (£46m) warehouse funding facility to personal lender Symple Loans, as part of its $2bn (£1.63bn) commitment to fund technology startups.

17Oct2019

Stripe clinches title as “world’s most valuable fintech startup” with $35bn price tag

Leading venture capital investors including General Catalyst, Sequoia and Andreessen Horowitz have ploughed cash into payments giant Stripe at a record-breaking valuation.

15Oct2019

Deutsche Bank takes 5% stake in German fintech

Deutsche Bank has acquired a 4.9% stake in the German open banking platform Deposit Solutions, elevating the start-up to the position of Germany's second biggest fintech unicorn.

10Oct2019

AltFi Insights: £71m raised by fintech crowdfunding in 2019 so far

Fintech firms raising money on equity crowdfunding platforms have netted £71m in 2019, with more than £126m total raised in the past 12 months, according to exclusive research conducted by AltFi.

08Oct2019

TransferWise hits another year of profits as customers hit 6 million

Worldwide adoption of 'borderless banking' and its new foray into business accounts have boosted revenue at TransferWise by over 53 per cent, according to the firm's latest numbers.

03Oct2019

Lendable, Lending Works and Assetz Capital among fastest growing tech firms

PEER-TO-PEER platforms including Lendable, Lending Works and Assetz Capital have been recognised amongst the UK’s fastest growing tech companies.

01Oct2019

Fintechs in India and Mexico raise millions to crack underserved markets

Goldman Sachs has backed Mexican fintech startup Konfio with a $100m credit facility to super-charge its SME lending business over the next 12 months.