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.
PayPal to acquire cryptocurrency security startup Curv
PayPal has agreed to acquire cryptocurrency security startup Curv to accelerate and expand its initiatives to support cryptocurrencies and digital assets.
Fintech startup ClearGlass Analytics closes $3.6m for pension funds transparency platform
Fintech startup ClearGlass Analytics has closed a £2.6 million ($3.6 million) funding round for its platform.
Australian fintech investment in 2020 remains strong through COVID at US$1.4 billion
Investment in Australia’s fintech sector was strong at US$1.4 billion in 2020, despite a fall from a record $2.09 billion in 2019.
‘Buy now, pay later’ fintech Klarna raises $1bn
Klarna, the Swedish fintech company, has raised $1bn in funding that values the ‘buy now, pay later’ outfit at $31bn.