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 […]
UK fintech investment shook off its Covid blues in Q1 2021
Levels are up 331% versus the start of 2020 when Covid shut down fintech investment. Over 100 fintech investment deals were struck in the first three months of the year, marking a solid start to 2021, and in contrast to the dour beginning of 2020. According to figures from Innovate Finance and compiled from PitchBook, UK fintechs […]
Coinbase hits $76bn valuation on market debut
Coinbase shares opened at $381 on its debut on Nasdaq, valuing the cryptocurrency exchange at $75.9 billion.The opening price was 52% up on Coinbase’s reference price of $250 and makes the company more valuable than financial heavyweights including Nasdaq and Discover. Including options and other kinds of stock-based awards, the $381 price values Coinbase at […]
TrueLayer raises $70 million in preparation for Open Finance moment
UK Open Banking platform TrueLayer has raised $70 million in a Series D fundraising round.The round was led by new investor Addition and included participation from a list of well-connected angel investors. It brings the company’s total fundraising to $142 million. Existing investors, including Anthemis Group, Connect Ventures, Mouro Capital, Northzone, and Temasek, also participated. […]
Japanese BNPL firm Paidy raises $120m
Japanese buy now, pay later (BNPL) outfit Paidy has raised US$120 million in a Series D funding round. JS Capital Management, Soros Capital Management, Tybourne Capital Management, and Wellington Management joined the round. Paidy launched its post-pay credit account for ecommerce in 2014, helping Japanese consumers make online purchases without credit cards. Once registered, customers […]
UK fintech Lendable reaches unicorn status
Lendable, the London-based personal loans fintech, has achieved unicorn status. The dynamic startup which launched in 2014 offers competitive, fast loans that are assessed using a soft credit search system so that users requesting a loan quote will not have their credit score affected. The platform has proven popular with customers, who, according to the […]
Blockchain.com raises $300 million
Cryptocurrency wallet provider Blockchain.com has secured $300 million in a Series C funding round that values the London-based company at $5.2 billion.The capital injection was led by partners of DST Global, Lightspeed Venture Partners, and VY Capital. It comes just over a month after the firm raised $120 million in funding from a host of […]
