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Thursday, January 28, 2021
Tags Venture

Tag: venture

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.

Revolut raises $80m in new funding as it extends Series D round to $580m

The challenger bank Revolut just announced that it has raised $80 million as part of its Series D round that it announced in February. This new funding comes from TSG Consumer Partners.

Robinhood raises another $320 M and achieves an $8.6 B valuation

Robinhood has managed to top up its Series F funding round with an extra $320 million, which brings its value to $8.6 billion.
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N26 announced the appointment of Dr. Jan Kemper as CFO

N26's leadership bench extended with the appointment of Dr. Jan Kemper as Chief Financial Officer.

Chubb and Revolut announce partnership deal

Provider of insurance services Chubb has partnered with unicorn challenger Revolut to offer a broader range of their services to Revolut’s customers.

Monzo Bank founder Tom Blomfield is leaving the company

Tom Blomfield who co-founded Monzo Bank 2015, is leaving the digital bank, citing "challenges" from the pandemic, TechCrunch reported.

UK Government voted down BNPL regulation bill

70 MPs have decided to vote down a bill which was supposed to regulate buy now, pay later companies like Klarna, Laybuy and Clearpay.