Mobile-only bank Varo Money has raised a $241 million Series D funding round. Gallatin Point Capital and The Rise Fund helped back the deal, which the San Francisco-headquartered firm says will help…
Fintech Platform Meniga Wins $9.4m Round
Iceland-born finance startup Meniga has closed an €8.5 million ($9.4m) funding round, as it researches additions to its current suite of digital banking solutions. The company, headquartered in London, has now raised…
London’s TransFICC Wins $7.1m Series A Round
British fintech startup TransFICC has raised a £5.75 million ($7.14m) Series A funding round, as it aims to extend market coverage for its e-trading API solution. The round was led by AlbionVC,…
Visa Leads $80m Currencycloud Funding
London-based remittance startup Currencycloud has won $80 million in funding led by Visa. The Series E round—Currencycloud’s eleventh since its 2012 conception—also included cash injections from payment giants like the World Bank…
How a Data-driven Approach Helps NBFCs Offer Secure Smartphone Financing
By Neel Juriasingani, CEO and co-founder, Datacultr The Digital India campaign, launched by the Government of India in 2015 aimed at making the country digitally empowered, has seen many successes. Digital India…
FintechOS Wins $14m Funding to Continue Disrupting Banking Industry
Finance technology firm FintechOS has secured a $14 million Series A funding round to expand its suite of digital solutions. The London-based company, founded in 2017, will use the cash to continue…
$120m Funding Round Propels CRED to India’s Top Fintech Table
Barely nine months old, Bangalore fintech firm CRED has just won a $120 million Series B funding round that launches it to the forefront of India’s booming digital credit industry—and its founder…
London Fintech Firm Yoyo Wins $30m Funding Round
Yoyo, a British mobile payments and loyalty platform, has won $30 million from fintech investor Hard Yaka. The London-based startup, founded in 2013 by Michael Rolphe, David Nicholson and Alain Falys, will…
Fintech Firm Kooltra Raises $6.5m for Cloud FX Expansion
Canadian fintech company Kooltra has closed a $6.5 million Series A funding round, as it bids to expand its cloud-based foreign exchange (FX) solution for financial institutions. The Toronto-based firm, founded by…
In the Shadow of a Crashing Economy, Venezuelans Find Solace in Dash
Venezuela is sinking into failed-state territory. Inflation is on course to reach a million percent, crime is epidemic, and neighboring countries are sending armed troops to the country’s border. Each day 2,500…