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Tuesday, June 22, 2021
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Tag: investment

Bunq valued at 1.65 billion € after first investment

Dutch digital bank Bunq managed to close the very first funding round with an undisclosed British private equity firm.

Klarna secures $639million in funding

The Swedish fintech valuation grew to $46 billion after it secured another investment worth $639million.

A$AP Rocky invests in Klarna and launches an ad campaign for the company

A$AP Rocky improved his relationship with Sweden after the 2019 arrest and becomes the latest investor of Europe’s most valuable fintech company, Swedish Klarna.

Starling Bank receives £50 million investment from Goldman Sachs

UK challenger Starling Bank gets an extension to previously oversubscribed Series D round by Goldman Sachs Growth Equity investing £50 million.

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.

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.

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.

Revolut introduces Silver for its EU customers

Since this Tuesday, Revolut customers are able to trade silver in the majority of the European Economic Area (EEA).

TransferWise is set to launch an investment feature as it lands license from FCA

Thriving fintech startup TransferWise has announced that it has secured an FCA license for regulated investment activities. This way it will be able to offer retail investment services in the UK.

Santander set to hire 3,000 IT professionals for €20bn digital push

Santander bank which has its HQ in Spain, said on Thursday it would hire 3,000 IT professionals worldwide this year to support its digital transformation. This comes when most banks are cutting jobs and costs.
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Revolut revenue grows but operating losses double to £201m

Revolut announced that 2020 adjusted revenues, that grew 57% to £261 million. However, operating losses in 2020 have doubled.

Bunq valued at 1.65 billion € after first investment

Dutch digital bank Bunq managed to close the very first funding round with an undisclosed British private equity firm.

Wise expects valuation of £9bn with new London listing

Wise, former TransferWise, is about to go public on the London Stock Exchange through a direct listing.

N26 exceeds 2 million customers in France

N26 announced that it has convinced 2 million French customers to use its services after 4,5 years since entering the market.