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PCN Blogs
Hundreds of entries, pleanty of thoughts, here are some of the insights from PCN Media.
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Expense management firm Divvy raises $165m
Divvy, an American outfit offering businesses a combination of free expense management software and corporate credit cards, has raised $165 million at a valuation of $1.6 billion. The Series D investment includes new investors Hanaco, PayPal Ventures, Whale Rock, Schonfeld, and participation from previous backers NEA, Insight Venture Partners, Acrew, and Pelion. Divvy’s centralised platform […]…
Creative
Estonian fintech startup Modularbank raises €4 million for its ‘core banking suite’
Tallinn, Estonia-based fintech company Modularbank has raised €4 million to further bolster its core banking platform. The round of “late seed funding” – the company was established last year – was led by Karma Ventures and BlackFin Capital Partners, with additional support from Plug and Play Ventures, Siena Capital and angel investor Ott Kaukver (the former CTO […]…
Creative
Fintech startup Oxygen raises $17M in Series A round
Digital banking startup ReliefClub, Inc., which does business as Oxygen, said today it has raised $17 million in a new round of funding. Runa Capital led the Series A round, which also included participation from S7V, 1984.vc, EFG Hermes, Rucker Park and Inventures, as well as celebrity and prominent fintech investors such as Frank Strauss, […]…
Creative
The 5 Most In-Demand Skills for Data Scientists in 2021
It’s no secret that data scientists are in high demand in the IT job market. A 2019 Stack Overflow developer survey shows how just 7.9% of software developers worldwide specialize in big data and machine learning. However, if you want to be a standout data scientist, you need to expand your knowledge and stay up to date […]…
Creative
Fintech in 2021: Embedded Finance, Sustainability and more
Fintech, along with the rest of the world, has had an extraordinary 2020. Major scandals have rocked the industry, but at the same we’ve marked significant advances that will help to point the way to a better future of finance. As 2020 proved, predicting the future is always a difficult proposition. But, in the spirit […]…
Creative
7 Fintech-Led Covid Relief Efforts That Went Above And Beyond In 2020
Ah, December. A time of pine-scented candles, Secret Santa gift exchanges and “looking back at 2020” listicles. To state the obvious, this holiday season looks a little different than in years past. Instead of shopping for outfits that strike the right balance of professionalism and pizzazz for office holiday parties, employees are busy searching for […]…
Creative
What is Really New in Fintech
The financial industry is undergoing rapid technological change. Traditional banks face competition from online start-ups with no physical branches. Social media and other digital platforms are expanding into payments and credit. The increase in demand for digital services triggered by COVID-19 is turbo-charging this transformation. The confluence we are witnessing is driving fintech innovation and […]…
Creative
French fintech company Lydia lands additional $86 million from Accel, closing Series B at $131 million
French financial services platform Lydia has announced a whopping extension of its Series B round, raising an additional $86 million led by Accel. The round now rests at $131 million, which it claims is the largest round ever raised by a French fintech startup. All other major existing shareholders participated, too. Amit Jhawar, the former General Manager of Venmo […]…
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ABN Amro tops up fintech venture fund
ABN Amro is turbo-charging its fintech investment strategy, injecting a further €50 million into its €100 million corporate venture fund. Since the fund was first launched, ABN Amro Ventures has invested in a total of fifteen companies – including the likes of Tink, Privitar and Trifacta – with one successful exit already completed. Six new […]…
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