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.
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.
UK fintech Quantexa raises £110 million led by Warburg Pincus
Quantexa has raised £110 million (USD$153 million) in Series D funding from Warburg Pincus and a growing group of blue-chip investors.
Weavr raises £7M in seed funding to power any digital application with financial services
Weavr, which allows businesses to embed banking and payments into their mobile app or SaaS platforms, announced the closing of £7m in seed funding.
Mortgage advice fintech lands £11m funding
Rather than charging commission or fees for selling homes Strike earns referral fees from mortgage lenders, insurance providers and solicitors.