investors

Mar
23

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.

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Mar
20

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.

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Mar
18

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 […]

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Mar
18

Australian investors lag behind the global trend for passive funds and are playing catch up on ESG, Calastone research shows

The shift in investor preference for passive funds over active funds continued inexorably over the last two years, Calastone research shows.

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Mar
17

UK fintech SumUp raises €750m

UK fintech startup SumUp has raised €750m (£643m, US$893m) from several investors including Goldman Sachs and Bain Capital Credit.

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Mar
15

Bitcoin surges past $60,000 for first time

Cryptocurrency Bitcoin has risen for the first time above US$60,000 (£43,100 / A$77,000 / €50,000), continuing its record-breaking run.

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Mar
11

Zego scoops $150m, securing its position as the UK’s first insurtech unicorn

Zego has cemented itself as the UK’s newest insurtech unicorn, just two days after Starling Bank joined the ranks.

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Mar
10

Scottish Equity Partners takes significant stake in Glasgow-based fintech

Scottish Equity Partners (SEP) has completed a significant growth equity investment in Glasgow-based fintech firm AutoRek.

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