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PCN Blogs
Hundreds of entries, pleanty of thoughts, here are some of the insights from PCN Media.
Creative
Goldman Sachs leads $45M investment into auto fintech startup MotoRefi
MotoRefi has raised another $45 million in a round led by Goldman Sachs just five months after investors poured $10 million into the fintech startup to help turbocharge its auto refinancing business. The startup developed an auto refinancing platform that handles the entire loan process, including finding the best rates, paying off the old lender […]…
News
Fintech In the UK – Fundraising Q1, 2021
Another quarter of successful funding rounds around the world of fintech has finished! Here are some highlights of UK funding in Q1 of 2021: Among the largest rounds are: SumUp – £532MLendInvest – £500MCheckout.com – £319M Series CStarling Bank – £272M Series DRapyd – £213M Series DPPRO – £127MZego – £106M Series CSalary Finance – […]…
Creative
DS Digest x Elena Poughia
???? We’ve been working on an exciting project for a while, and it’s finally ready to share! Presenting our #DSDigest series – quick-fire conversations with experts in the fields of #Tech and #Data. Kickstarting our first interview, our Aaron Morgan-Bonner had a fun & insightful chat with Elena Poughia (Founder at Data Natives and MD at Dataconomy Media). Click the interview above, and jump right in!…
Creative
German ‘insurtech’ Wefox raises $650 million at valuation of $3 billion
Digital insurance startup Wefox said on Tuesday it had raised $650 million from investors, in what it called a record-breaking round for a so-called “insurtech” company that valued the business at $3 billion. The funding means Berlin-based Wefox has grown in value threefold since tapping investors in 2019. The move follows big raises by local […]…
Creative
African payments startup Chipper Cash raises $100m
African cross-border payments startup Chipper Cash has raised $100 million in a Series C funding round led by SVB Capital. Deciens Capital, Ribbit Capital, One Way Ventures, 500 Startups, Tribe Capital, Brue2 Ventures, and Jeff Bezo’s personal VC fund joined the round, according to TechCrunch. Founded in San Francisco in 2018 by Ugandan Ham Serunjogi […]…
Creative
Getting Acquainted with Post-Pandemic FinTech Opportunities
The growth of the worldwide FinTech market has been paramount. In 2019, the global FinTech market reached a value of USD 5504.13 Billion. Between the years 2020 and 2025, this value is forecasted to grow at a CAGR of 23.58%. No doubt, the Covid-19 pandemic has caused substantial disruption leading to many forecasts being contested. […]…
Creative
Circle raises $440m
Fintech outfit Circle has raised $440 million in financing as it seeks to capitalise on the success of the fast-growing USDC stablecoin.Fidelity Management and Research Company, Marshall Wace, Willett Advisors, Intersection Fintech Ventures, Atlas Merchant Capital, Digital Currency Group, FTX, Breyer Capital, Valor Capital Group, and Pillar VC all joined the round. An early player […]…
Creative
Banking and Financial Services Industry Experts Converge to Reignite the European Industry Region
Backbase, SmartMessage, Abaka and Creatio joined the foremost edition of Finnovex Europe to Formulate Evolutionary Strategies for Reigniting the Banking and FSI Industry of the European Region. The Leading Summit on Financial Services Innovation and Excellence, which kicked off from the 24th – 25th May 2021 on the host’s virtual platform witnessed the attendance of […]…
Creative
Paysend bags $125m Series B as it sets sights on global expansion
The fintech says it has amassed 3.7 million users in over 60 countries since it was founded in 2017. International payments platform Paysend has today announced a $125m Series B funding round to help it fund its global expansion plans. “This $125m B Round investment will allow us to take our platform to the next stage, innovating […]…
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