USA
16 Upcoming Fintech Events in the US
Across the US and around the world, live events are back in full force and gathering steam. In key fintech hubs like New York and California, major trade shows and events are scheduled to take place in the coming months,
Read More
Neobank Mercury Bags US$120 Million, Looks To Crowdfund US$5 Million More
Mercury, a San Francisco-based fintech startup which offers banking services for startups, announced that it has raised US$120 million during its Series B funding round and is now valued at US$1.62 billion. The round was led by Coatue, with participation
Read More
Square Inks Deal To Acquire Australian BNPL Firm Afterpay for US$29 Billion
Digital payments company Square announced that it has agreed to acquire Australia’s Buy Now, Pay Later (BNPL) firm Afterpay in a in an all-stock deal worth approximately US$29 billion. The closing of the transaction is expected in the first quarter
Read More
Commission-Free Trading Pioneer Robinhood Seeks US$35B IPO Valuation
Robinhood, the US startup that pioneered commission-free trading, is seeking a market valuation of up to US$35 billion in its upcoming initial public offering (IPO) on July 29. In its submission to the US Securities and Exchange Commission (SEC), the
Read More
Remote Becomes Unicorn With $150 Million Series B Funding
When the global pandemic struck last year, millions of people transitioned from working in physical offices to working from home, within the span of a few weeks. Physical meetings turned to video calls and break-time interactions moved to online messaging
Read More
Facebook Pay To Be Available to Online Retailers Starting With Shopify
With digital payments picking up pace across the globe, social media giant Facebook is extending its payment services to online retailers. Shopify has become the first e-commerce platform to sign up for Facebook Pay. This will allow Shopify merchants to
Read More
Mastercard Taps Circle for Payment Settlement Pilot With USDC Stablecoin
Circle and Mastercard announced an engagement to use the USD Coin (USDC) to facilitate crypto-to-fiat conversions in a pilot programme to expand the ability of issuers and crypto businesses to enable customers to spend their crypto assets. The engagement will
Read More
M1 Finance Clinches Unicorn Status with US$150 Million Fundraise
M1 Finance, an all-in-one money management platform, announced that it has secured US$150 million during a Series E funding round, the firm is now valued at US$1.45 billion. SoftBank’s Vision Fund 2 led the round, with participation from existing investors.
Read More
Digital Lending Platform LoanPro Bags US$100 Million From Series A Fundraise
LoanPro, a SaaS-based loan management, servicing and collections platform for alternative, fintech and traditional lenders, announced it has raised a US$100 million growth equity investment in a Series A funding round from FTV Capital, a growth equity investor. As part
Read More
Freelance Fintech Platform Willa Closed US$18 Million in Series A Fundraise
California-based fintech Willa announced that it has secured US$18 million during a Series A funding round. The round was led by New York-based Fintech Collective, including additional investments from Entrée Capital and EQT Ventures. With the investment, Willa is gearing
Read More