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.
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.
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.
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.
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.
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.
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.
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.
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.