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Sunday, June 16, 2024
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UK FinTech Funding: A Report on the State of the Industry in 2022

The report analyzed the state of the Fintech industry in the UK and revealed that private Fintech firms raised a total of $11.2 billion in 2022, a drop of 13% from the previous year.

Starling Bank investing in eight projects that remove CO2

In a recent blog post, British challenger bank Starling announced an advancement in green projects they picked to support to fight climate change.

Bunq is responding to demand with the launch of an investment function

Dutch challenger bunq is one of Europe's first neobanks to offer its users a simple and sustainable way to invest their money.

DriveWealth, Revolut’s trading provider, received $450M investment

API-based infrastructure service DriveWealth received a $450 million investment and reached a valuation of $2.85 billion.

Revolut raises $800m at $33 billion valuation

It is official, Softbank leads $800 million investment into Revolut, a UK-based challenger bank.

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.
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