£1.25m backing for open banking platform
Open banking platform Armalytix has raised £1.25 million in its latest funding round, bringing the total funds raised to £2.79m.
UK fintech Capital on Tap to offer small business credit card in US markets, after acquiring $100m credit facility
Capital on Tap, a UK-headquartered Fintech firm, reveals that it has introduced its small business credit card in the US markets.
Digital bank Zopa looks to raise £100m ahead of IPO
UK digital bank Zopa is looking to raise £100m ahead of an IPO over the next 18 months.
OpenMoney launches robo-adviser for first-time buyers
OpenMoney has launched its online mortgage advice service for first-time buyers, a year after its initially planned date.
Prodigy Finance issues $228m of investment-grade asset-backed securities
Prodigy Finance has entered the fixed-income market with the issuance of a $288m investment-grade Student Loan Asset-Backed Securitisation.
Ebury and Earlypay create FX and lending partnership to support Australian SMEs and brokers
Ebury and Earlypay are both committed to providing the Australian SME market with simple and accessible business financing and FX services.
Envest acquires Evari underwriting and licences Evari’s tech
Entrepreneurial insurance distribution and investment company, Envest has acquired the award-winning underwriting portfolio of insurtech company, Evari.
Revolut raises $800m series E funding from Softbank and Tiger Global
Revolut, the financial superapp with more than 16 million customers worldwide, have announced a USD$800 million (£579 million) series E funding round.
