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Friday, October 22, 2021
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Tag: funding

Klarna launches bank account in Germany

The buy now, pay later giant Klarna is poaching into banking with launching its first current account.

Monzo managed to raise another £50M, joined by new Silicon Valley investor

Monzo confirms an extension of its Series G funding round, raising £50 million from San Francisco-based venture firm, Octahedron Capital among existing investors.

Curve raises $95 million as it eyes US expansion

London-based Fintech Curve secured $ 95 million in its latest investment Series C funding.

Monzo Bank closed another £60 million in funding

Monzo bank has now about 4.8 million customers as it has closed another £60 million in funding.

Starling Bank is about to raise £200m in funding round

Some of the UK’s most important fintech start-up players – Starling Bank, Curve and GoCardless are set to raise more money.

N26 eyes funding at $3.5B valuation

N26 is considering a fresh fundraising round next year, as the challenger bank eyes a valuation above $3.5 billion, people familiar with the matter said to Bloomberg.

Robinhood managed to raise another $460m

The stock trading app Robinhood has added $460m to its Series G funding round closing a total of $660 million at an $11.7 billion valuation.

Allica Bank is launching a £100m funding round

Allica Bank has already closed a £26 million investment and now is launching a new £100 million funding round to meet the current high levels of demand for its services.

Chime reaches valuation of $14.5bn

Chime raised $485 million in a Series F funding round that values the American digital banking decacorn at $14.5 billion.

Finch was founded by a former N26 employee, now it secures $1.8M seed round

Finch is a US-based fintech startup that aims to integrate the benefits of investing with the flexibility of checking into an all-in-one account.
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N26 has raised $900 million and is worth $9 billion

This way N26 became the second highest-valued bank in Germany, slightly ahead of Commerzbank.

Klarna is strengthening credit checks

Klarna, the “buy now, pay later” credit company, has unveiled important changes to its services in the UK.

Nik Storonsky has opened family office in London

According to Sifted, CEO of Revolut Nik Storonsky has decided to open a family office in London, UK. This...

Curve reported serious operating losses

Fintech Curve has reported an operating loss of £37.9 million in its annual results for 2020.