Wealthsimple raises C$750m

Canadian fintech Wealthsimple has hit a C$5 billion valuation off the back of a C$750 million funding round led by Meritech and Greylock. DST Global, Sagard, Iconiq, Dragoneer, TCV, iNovia, Allianz X, Base 10, Redpoint, Steadfast, Alkeon, TSV, Plus Capital, plus celebrities Drake, Michael J Fox, Ryan Reynolds, Kelly Olynyk, Dwight Powell, and Patrick Marleau […]

Paxos raises US$300m for blockchain infrastructure platform

Labeling itself as the first platform of its kind, Paxos’ vision is to create the foundation for a “new, open financial system” capable of operating faster, more efficiently, and with greater inclusivity on a global scale. It is achieving this through a combination of turnkey APIs, regulated token asset exchanges, and blockchain-based settlements for institutions. Officially […]

German challenger Vivid Money raises EUR60m

Berlin-based mobile banking app Vivid Money has raised €60million in a Series B funding round led by Greenoaks and joined by existing investor Ribbit Capital. The round gives Vivid, which was founded in 2019 by Artem Yamanov and Alexander Emeshev and has backing from Russian giant Tinkoff Bank, a €360 million valuation. Launched in Germany […]

Teen Banking Startup Step Takes In $100 Million In Series C Funding

Step has raised $100 million in Series C funding, the FinTech banking startup said in a news release on Tuesday (April 27). Led by General Catalyst, the round attracted some high-profile investors, including NBA All-Star Stephen Curry, actor Jared Leto and Dreamers VC, the fund founded by Will Smith. The company, which recently marked 1.5 million users in […]

Greenlight hits $2.3bn valuation on $260m funding round

Greenlight Financial Technology, the startup behind an app and debit card for kids, has hit a $2.3 billion valuation thanks to a $260 million Series D funding round led by Andreessen Horowitz.TTV Capital, Canapi Ventures, Wells Fargo Strategic Capital, BOND, Fin VC, Goodwater Capital, Wellington Management, Owl Ventures and LionTree Partners joined the round, which […]

Chargebee valued at $1.4 billion in new $125 million fundraise

A startup that enables businesses to set up and manage their billing, subscription, revenue operations and compliance has become the newest firm to earn the much-coveted unicorn status. Chennai and San Francisco-headquartered Chargebee said on Tuesday it has raised $125 million in its Series G financing round led by Sapphire Ventures and existing investors Tiger Global and […]

Checkout.com leads $110 million debt and equity round in Saudi BNPL startup Tamara

Checkout.com has led a $110 million investment round in Saudi Arabian buy now, pay later startup Tamara. Founded in 2020, by serial entrepreneur Abdulmajeed Alsukhan and his partners Turki Bin Zarah and Abdulmohsen Albabtain, Tamara was the first BNPL firm to be enrolled in the Saudi central bank’s sandbox programme. Since then, it closed a […]

Investment fintech BUX raises $80m in latest round

BUX, Europe’s fastest growing mobile brokerage company, based in Amsterdam and London, has raised $80m in a funding round led by Tencent and Prosus Ventures. Additional new investors included ABN Amro Ventures, Citius, Optiver, and Endeit Capital. Existing investors HV Capital and Velocity Capital Fintech Ventures.   The zero commission brokerage, which turned to Royal Park Partners […]

Safello Group AB has obtained preliminary approval for listing on Nasdaq First North Growth Market and publishes EU growth prospectus

Safello Group AB (”Safello” or the ”Company”), a crypto currency exchange company within the cryptocurrency currency market which offers and enables customers to safely and securely buy and sell leading cryptocurrencies, announced on 16 February 2021 its intention to list the Company’s shares on Nasdaq First North Growth Market Stockholm (“Nasdaq First North”) and to […]

Venture Summit Virtual Connect Global 2021

Whether you’re a Fintech startup seeking capital and exposure, or an investor seeking new deals, Venture Summit \ Virtual Connect [Global] presented by youngStartup Ventures – is the event of the year you won’t want to miss. Featuring a dedicated Fintech Track. A highly productive venture conference, this exclusive program is dedicated to showcasing early […]