UK’s Zilch raises $80M at a $500M+ valuation for its direct-to-consumer buy now, pay later service
London buy now, pay later startup Zilch has raised $80 million (£57m), an all-equity Series B that values the company at over $500 million (£360m).
Belfast fintech firm in fresh funding round for new bank-linked loyalty platform
Belfast-based fintech company LoyalBe has announced £725,000 of fresh investment in a funding round led by Techstart Ventures.
UK fintech RSM 2000 is acquired by PayPoint
PayPoint, the UK fintech that provides payment services for consumers, retailers, mobile and multi-channel solutions for businesses, acquires RSM 2000.
Fintern raises £32m to expand access to affordable loans in the UK
With this new funding, Fintern will be able to open up access to affordable loans, helping many avoid often unshakable debt spirals.
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.
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.
