Revolut raises $800m series E funding from Softbank and Tiger Global
Revolut, the financial superapp with more than 16 million customers worldwide, have announced a USD$800 million (£579 million) series E funding round.
HK fintech Velotrade secures funding and partnership with Vynn Capital
Velotrade, a Hong Kong-headquartered fintech, has secured funding and partnership with Vynn Capital, a Southeast Asia-focused venture capital firm.
UK fintech Quantexa raises £110 million led by Warburg Pincus
Quantexa has raised £110 million (USD$153 million) in Series D funding from Warburg Pincus and a growing group of blue-chip investors.
Weavr raises £7M in seed funding to power any digital application with financial services
Weavr, which allows businesses to embed banking and payments into their mobile app or SaaS platforms, announced the closing of £7m in seed funding.
KodyPay is reinventing payment acceptance with US$3.25m in additional financing
KodyPay, a fast-growing UK Fintech that’s reinventing payment acceptance and working with Visa, MasterCard and IBM, has raised an additional US$3.25m.
Digital mortgage lender Better acquires UK fintech Trussle
UK fintech Trussle is a digital mortgage and insurance broker that provides high-quality, independent advice to those looking to buy a home or refinance.
New research reveals small businesses lose plenty via FX
In 2020, UK SMEs paid 10x more than corporates for their foreign exchange (FX) when using their banks.
UK fintechs Nook and Yapily partner to create the first trade collaboration platform for SMEs and accountants
Nook partners with Yapily to create the first trade collaboration platform that eliminates invoice fraud and offers secure payments for accountants and SMEs
