Funding
6 Fintechs Make Top 20 US Valuation Leaderboard; Worth a Combined US$145B
The past two years have seen the valuations of the US’s most valuable venture (VC)-backed fintech companies soar. As of March 19, 2021, six fintechs were amongst the country’s top 20 most valuable VC-backed companies, and worth a combined US$145.1
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Plaid Raises US$ 425 Million, Pushing Its Valuation to US$ 13.5 Billion
Open banking platform Plaid announced in a blog post that it has raised US$ 425 million during a Series D financing round, pushing its estimated valuation to US$13.5 billion. The funding round was joined by new investors Altimeter Capital, Silver
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Open Banking Network Truelayer Raises $70m
TrueLayer announced it has secured a $70m Series D investment round led by new investor Addition. The latest raise reflects the growing demand for its open banking-based services and marks another significant milestone for TrueLayer on its mission to open
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Delta Exchange Closes US$5 Million Raise From Blockchain Valley Ventures Among Others
Delta Exchange, a UK-based institutional-grade crypto derivatives exchange, announced that it has closed a US$ 5 million token raise from existing and new investors where Swiss venture firm Blockchain Valley Ventures (BVV) backed and advised the former on their token
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Fintech Funding in Europe Reaches Highest Quarterly High Since Q2’18
In Q1’21, fintech funding in Europe reached its highest quarterly total since Q2’18, surpassing US$2.9 billion in just the first two months of the year, data from market intelligence startup CB Insights show. High fintech investment levels, not only
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Futurae Accelerates International Expansion with New Funding Round
Futurae Technologies AG, a Swiss authentication and transaction confirmation provider, has received a 5 million investment from a number of investors, namely the European leading financial services provider Euroclear, as well as the existing investors AXA Venture Partners, Zürcher Kantonalbank,
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F10 Investment Selects 6 Fintech and Insurtech Startups for 2021
F10 Investment has chosen six fintech and insurtech startups from the latest F10 Incubation Programme cohort in Zurich for its second investment round. Through the F10 Investment, the corporate partners of the F10 Fintech Incubator and Accelerator, such as SIX
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European Trading-App Freetrade Secures $69 Million in Series B Funding
Freetrade, a London-based investment platform, announced that it has raised $ 69 million during a Series B funding round. The company said that the funds will be used to accelerate its growth in international markets and allow the team to
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Digital Banking Solution Provider Meniga Closes €10 Million Investment Round
Meniga, a provider of digital banking solutions, announced that it has closed a €10 million strategic investment round. The round was led by institutional investors, Velocity Capital Fintech Ventures, and Frumtak Ventures. Other participants in the round include Industrifonden, the
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Fintech Platform Feedzai Raises $200 Million at a Unicorn Valuation
Feedzai, an American cloud-based financial risk management platform, announced that it has secured $200 million during a Series D investment round, valuing the startup at more than $1 billion. The funding round was led by leading global investment firm KKR,
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