£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 Paysafe acquires Peruvian alternative payments company PagoEfectivo
UK fintech Paysafe has signed a definitive agreement to acquire PagoEfectivo, a market-leading, Peruvian alternative payments platform.
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.
