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Sunday, January 16, 2022
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Tag: venture

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.

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.

Klarna becomes Europe’s most valuable fintech hitting over $10 billion valuation

Swedish BNPL provider Klarna has raised $650 million in funding led by Silver Lake with the valuation of the company hitting $10.65 billion.

Santander doubles funds to $400M with the launch of Mouro Capital

Banco Santander's FinTech venture capital Innoventures fund is moved under a new entity called Mouro Capital.

Klarna is looking to raise $500 million and double valuation to $10bn

The Swedish fintech unicorn Klarna asked investors for a new round of funding. This one would set the company's value to $10 billion.

Brazilian challenger Nubank secures $300 million funding

Brazil's fintech startup Nubank has raised $300 million in equity investments, according to a filing with the U.S. Securities and Exchange Commission.

Atom Bank about to raise £150m from shareholders

Atom Bank, the challenger bank from the UK, is plotting its biggest equity fundraising to date.

Monzo capital requirement was raised by the Bank of England

Monzo bank is now obliged to have a capital worth of 13.6 percent of its risk-weighted assets to be protected against potential losses.

Curve is set to raise £100m in the upcoming Series C

Curve has managed to overcome the Wirecard struggle and now is looking to raise fresh capital, according to Sifted.
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Revolut is launching as a bank in 10 more European countries

This means the London-based digital bank is now offering deposit protection of up to € 100,000 to local customers in the particular markets.

Starling has stopped advertising on Facebook and Instagram

The CEO Anne Boden says the company won’t advertise on Facebook or Instagram ‘alongside scammers who are going after the savings of our customers.

Commodities trading now enabled by Revolut for Singapore users

The Monetary Authority of Singapore (MAS) has given permission to Revolut to allow customers to trade gold and silver on its platform.

Tencent takes stake in Monzo Bank

The tech giant from China Tencent has taken a minor stake in Monzo Bank after joining Monzo's latest funding round.