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.
Fintech start-up Payoneer partners with Mastercard ahead of $3 billion public offering
Digital payments company Payoneer is partnering with Mastercard to offer small businesses a digital payments card.
M1 Finance lands $75 million to double employees
M1 Finance announced it raised another $75 million in funding. The latest cash influx will be used to double employees to nearly 300 by year end.
Coinbase on course for $100 billion pre-IPO valuation
Some of Coinbase’s shares had earlier traded at $375 a share, which set it on course for a $100 billion valuation.
Starling Bank surpasses £1bn valuation with latest funding round
Anne Boden’s fintech challenger Starling Bank has raised £272m in a funding round that values the company at £1.1bn.
Hong Kong fintech unicorn WeLab raises $75M led by insurance giant Allianz
Allianz X, a venture capital arm of the 131-year-old European financial conglomerate Allianz, led WeLab’s latest funding round of $75 million.
Fintech behemoths Backbase and Zafin form new partnership
Fintech behemoths Backbase and Zafin will join forces to implement Zafin’s spectrum of solutions onto the Backbase platform.
TrueLayer and Wombat partnership offers Payment APIs
London-based financial technology company TrueLayer has partnered with Wombat to provide payment APIs on investment accounts.
