A digital bank that raised $110 million from investors — including celebrities Leonardo DiCaprio and Orlando Bloom — is suddenly struggling to find additional funding, CNBC reported on Thursday (Nov. 21). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The potential to bring electronic payments to the continent of Africa, home to 1.2 billion unbanked and underbanked individuals, has been enough to lure FinTech investment from investors across the globe, to the tune of hundreds of millions of dollars this year alone. Get the...
FinTech investment in India proceeds apace through the last few weeks of the year, with funding rounds extended to digital payments firms and digital lenders. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Silicon Valley-based Rapyd has closed a $100 million Series C funding round led by Oak HC/FT and joined by previous investor Stripe, Rapyd announced in a press release on Tuesday (Oct. 1). Get the Full Story Complete the form to unlock this article and enjoy...
Alt lending, and, of course, digital payments, were top of mind for investors targeting India FinTechs these past few weeks. We take stock of two quarters and the YTD — and some triple digit funding rounds — amid the country’s changing financial services landscape.
Monzo, a London-based digital bank, has raised £113m in new funding as of this week, bringing the firm’s total valuation to £2 billion at the early outset of its expansion into the U.S. The funding round was led by Y Combinator through its Continuity Fund....
Robinhood Markets, the operator of a free mobile trading app, is close to garnering a valuation of $7 billion or more. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
A group of investors has acquired Sureswipe, a South African payments company, for an undisclosed amount. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
TransferWise, the U.K. money transfer startup, has raised $292 million in a round of funding, giving it a valuation of $3.5 billion. To date, TransferWise has raised $689 million in venture funding. Get the Full Story Complete the form to unlock this article and enjoy...
