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.
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.
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.
Zopa, UK P2P lending pioneer, closes £20M internal fundraise for growth
UK P2P pioneer Zopa will use the new funding to fuel its growth when it believes that there is more demand for products.
London-based fintech Pollinate raises $50 million in Series C round
London-based fintech Pollinate has closed a $50 million Series C round to propel further expansion in existing markets and into North America.
UK trading platform eToro to go public in $10bn SPAC deal
Trading giant eToro has confirmed reports that it is due to list via a $10bn SPAC deal. The Israeli fintech announced it would go public at a valuation of $10.4bn after merging with FinTech Acquisition Corp. V (FinTech V), a publically-traded SPAC run by American businesswoman Betsy Cohen. A SPAC (special-purpose acquisition company) is a way for companies to go public without going through all the hassle and expense of an IPO (initial public offering). Cohen founded Bancorp, a bank holding company based in Minneapolis, in 1999 and subsequently FinTech V, which raised $250m when it listed on the NASDAQ in December 2020. As part of the deal, eToro will […]