TrueLayer raises US$70m to build the world’s most valuable Open Banking network
TrueLayer, Europe’s leading open banking platform, today announced it has secured a US$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 up finance, building an open banking network that brings together payments, financial data, and identity to redefine how people spend, save, and transact online. Existing investors, including Anthemis Group, Connect Ventures, Mouro Capital, Northzone, and Temasek, also participated, with a significant increase to the company’s valuation. Additional investors in the round include Visionaries Club, Surojit Chatterjee (CPO Coinbase), Zack Kanter (CEO Stedi), Daniel Graf […]
IDS, White Clarke Group join forces to create a secured finance technology powerhouse
The combination of IDS and the UK’s White Clarke Group will create a multi-asset class secured finance technology powerhouse.
Tier-1 global investment bank extends existing Asian use of GBST’s Syn~Ops to incorporate European market securities processing
A leading global investment bank and client of GBST has extended its deployment of GBST’s Syn~Ops platform, enabling securities processing in Europe.
LendInvest taps Credit Kudos to boost its lending decisions
Credit Kudos will deploy its credit referencing tools to help LendInvest provide a more secure service and make better, more informed lending decisions.
Cambridge FinTech secures US-backed £5m seed funding
Cambridge fintech Monavate has secured seed funding of £5m, one of the largest seed funding rounds for a UK FinTech in the last 12 months.
Innovative first time buyer platform launches bid for extra funds
StepLadder is an innovative platform that could help thousands of financially frustrated first time buyer Millennials get on the property ladder.
UK BNPL FinTech Butter closes £15.8 million in funding
UK FinTech platform Butter has closed a £15.8 million funding round to accelerate the rollout of its responsible open-banking based BNPL shopping app.
London fintech Lendable becomes Europe’s latest unicorn
Lendable, the London-based digital lender backed by Goldman Sachs, has quietly become Europe’s latest unicorn with a valuation over £1 billion.
