GoCardless raise £70m, led by Bain Capital Ventures
GoCardless announced that it has raised £70 million (USD$95 million) in a Series F funding round, led by Bain Capital Ventures.
Zilch scoops $30m equity round as customer numbers quadruple
London-based Zilch has closed its oversubscribed Series B funding round with an additional $30m equity top-up.
Primer, the fintech helping merchants consolidate the payments stack, raises £14M Series A
Fintech Primer wants to help merchants consolidate their payments stack and easily support new payment methods, has raised £14m.
Fintech star PrimaryBid secures £38 million in new funding from top backers to fuel expansion
Start-up PrimaryBid has secured £38 million in investment from top new shareholders including the London Stock Exchange Group.
British fintech Acin secures €10.3 million to spearhead operational and non-financial risk revolution
Acin, the data standards firm that is digitising operational and non-financial risk, has secured around €10 million in Series A funding.
Fintech startup TrueLayer raises $25 million
London-based fintech startup TrueLayer has raised $25 million from investors including Temasek, Anthemis, Connect Ventures and Northzone, the company said on Monday. The firm, which develops technology that enables financial technology companies to access account data from high street banks, said it will use the funding to continue to grow its business. Founded in 2016, TrueLayer is one of several startups seeking to take advantage of European Union and UK open banking rules which require lenders to open up their data to other companies so they can tailor products to their customers. “The company is growing,” said Francesco Simoneschi, TrueLayer’s chief executive and co-founder. “We wanted to continue to increase […]
Fintech startup Lanistar raises £15 million
Lanistar, a personal financial management startup, has raised £15 million to support its forthcoming commercial launch in Winter 2020.
Passion Capital has backed Fronted, the startup that wants to offer loans to cover rent deposits
Fronted, the new London-based startup aiming to make life easier for renters, has picked up seed investment from Passion Capital.