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 […]
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.
Payment app Osu raises £2.25m seed round from fintech angels
Osu, a new instant payments app aimed at helping the UK’s four million self-employed has raised £2.25m seed round from fintech angels.
Crypto wallet and exchange company Blockchain.com raises $300 million at $5.2 billion valuation
Blockchain.com, the company behind a popular cryptocurrency wallet, an exchange, a block explorer and more has raised a $300 million Series C round.
Australian fintech Earnd acquired by the UK’s Wagestream
UK-headquartered Wagestream has acquired Australian fintech startup Earnd.
Freetrade secures £50 million in Series B funding led by Left Lane Capital
Freetrade, the investment platform that is on a mission to get everyone investing, announced that it has raised £50m led by Left Lane Capital.
