This fintech solution helps African refugees store and send money

As refugees flee across land borders in Africa, carrying money is a challenge, both virtually and in person. Leaf——a winner of Fast Company’s 2021 World Changing Ideas Awards—uses the blockchain to help, even if they don’t have a smart phone. Mobile money is a digital wallet technology that allows cash to be stored on standard, […]

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 […]

Current raises $220m at $2.2bn valuation

US digital banking startup Current has tripled its valuation to $2.2 billion off the back of a $220 million Series D funding round led by Andreessen Horowitz.Tiger Global Management, TQ Ventures, Avenir, Sapphire Ventures, Foundation Capital, Wellington Management and Expa joined the round, which sees Current’s valuation jump from $750 million at its last raise […]

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 […]

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 […]

Spiral raises $14m for charitable giving banking app

Spiral, an “ethical banking app” that makes it easy for users to give to charities, has raised $14 million in a funding round led by Team8. Communitas Capital, Phoenix, Nidoco AB and MTVO joined the round for New York-based Spiral, which says it want to make it easier for Americans “to do good”. The startup […]

U.S. Fintech Pilot Increases Series C Investment Round’s Funds to $100 Million

Pilot, a U.S.-based fintech that specializes in back office services for startups and small businesses, announced on Friday it raised a total of $100 million through its Series C funding round, doubling its valuation to $1.2 billion. The round was notably led by Bezos Expedition and Whale Rock Capital, with participation from Sequoia Capital and Index Ventures. […]

Insight Partners leads UK fintech startup Pollinate’s €42M Series C funding round

Pollinate is a software business that focuses on reinventing merchant acquiring for banks around the world. The company is formed of experts and global industry leaders from the financial services, merchant acquiring, loyalty, and technology sectors. Pollinate raises funding In a recent development, the London-based company has raised $50M (approx €42M) in its Series C round […]

Vendr Announces $60 Million Series A to Fuel the Future of SaaS Buying

The new round of financing, led by Tiger Global, will enable Vendr to boost product development and expand globally. Vendr, the SaaS buying platform, today announces a $60 million Series A led by Tiger Global Management, with participation from existing investors Craft Ventures, Y Combinator, Sound Ventures, Garage Capital, and F-Prime Capital. Launched in 2019, […]