FundingRSS

Fintech funding round-up: 23 February 2017

funding

Let’s put the fun in funding by keeping it mercifully brief. A round-up of key events. Featuring Tala, Nymbus and Monzo. US micro-loan start-up Tala (formerly InVenture), led by founder and CEO Shivani Siroya, has raised $30 million in Series B funding. The money will support its expansion plans in South Asia and Latin America. […]

US fintech slides, Asia and Europe rise says KPMG

KPMG

Last year was a challenging one for fintech. The Brexit vote, the US presidential election, the slowdown of the Chinese economy, and fluctuations in exchange rates forced investors to tread cautiously, according to KPMG’s latest report “The Pulse of Fintech Q4 2016”. Despite a decline in overall fintech investments, 236 M&A transactions were recorded worth […]

Blockchain and Bitcoin round-up: 15 February 2017

Blockchain

Life is a cabaret… and a fast one at that. Here’s a round-up of key events to save you time. Featuring KPMG, Microsoft, Hyperledger and more. Japan’s largest Bitcoin exchange Bitflyer has finished a new ¥200 million ($1.75 million) funding round from Dai-ichi Life Insurance Company, Mizuho Capital and SMBC Venture Capital. The banks’ backing […]

SolarisBank raises €30m in funding round

Solaris Bank

Berlin-based SolarisBank has raised €30 million in its series B funding round as it targets European expansion, according to a “confidential source that’s close with the company”. Funds raised came from German and UK venture capital firms. The official press release is expected in the next two weeks, where Solaris will announce its new partners, […]

EquiChain launches new blockchain platform for capital markets

equichain

London-based fintech firm EquiChain has unveiled a working prototype blockchain platform for capital markets. The company plans to implement a full end-to-end “execution to custody” (E2C) pilot in 2017, as it jumps on the distributed ledger technology (DLT) bandwagon Nicholas Bone, EquiChain’s founder and CEO says it “creates a verifiable, transparent and immutable flow of […]

New SME bank for “millennipreneurs” comes to Europe, BankUP

2016 brought us many new digital banks

BankUP, a new fintech venture based in Kontich, Belgium, looks to tap into the European SME banking market.

Brexit wrecks it for UK fintech investment

It'll be hard

Uncertainty over Brexit has created a 33.7% decrease in UK venture capital (VC) investment for fintech firms, according to research by Innovate Finance. Investment was down to $783 million – less than two thirds of 2015 investment of $1.2 billion. Nine of the top 20 UK deals closed post Brexit, with total investment after the […]

Banks and UN launch sustainable investment framework

Sustainable Development Goals

United Nations, together with 19 banks and investors worldwide, have launched “a global framework aimed at channelling the money they manage towards clean, low carbon and inclusive projects”. The framework – The Principles for Positive Impact Finance – is a first of its kind set of criteria for investments to be considered sustainable, says the UN.

Top fintech stories this week – 3 February 2017

Banking Tech 2

Catch up on Banking Technology’s top five fintech stories of the week – all in one place!

Atom Bank goes atomic with £100m funding plan

Atom Bank set to redefine customer experience

UK challenger bank Atom plans to raise almost £100 million in equity investment to support its ambitions for growth. As Banking Technology reported late last year, Atom opened for all customers in the UK. Its “invitation only” phase is over and people can download the Atom App, both in IoS and Android, and open an […]

@banking
techno