Investing

Nov
04

Modulr invest £20m to supercharge Scottish FinTech

EDINBURGH-based FinTech Modulr has today announced it will invest the majority of £20m in the Scottish FinTech industry, to drive disruptive innovation and further boost Scotland’s growing prominence as a tech hub. The move is the latest step in Modulr’s ambition to radically transform SME banking, and its belief in Scottish tech talent to help […]

By Reposted by International FinTech | FinTech . Investing
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Nov
04

Landbay says October was record month

Fast-growing Fintech Landbay says October was a great month for the real estate peer to peer lending platform. Without providing any details, Landbay tweeted out the news. Earlier this year, Landbay reported that a “leading financial institution” had committed to funding £1 billion in buy to let mortgages originated on the site. This may have […]

By Reposted by International FinTech | Borrowing . FinTech . Investing . Lending . Mortgage . Peer-to-Peer
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Oct
30

Koyo FinTech raises $4.9M to assist underbanked UK borrowers

FinTech startup Koyo, which uses Open Banking to offer loans to underbanked UK borrowers, announced that it has raised $4.9 million in funding. The round, a mixture of debt and equity funding, was led by Forward Partners, with participation from Seedcamp, Christian Faes (founder and CEO of LendInvest) and Charles Delingpole (founder and CEO of […]

By Reposted by International FinTech | Banking . Borrowing . FinTech . Investing . Lending
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Oct
30

Crowdfunding platform Kickstarter hits $4.5bn milestone

Kickstarter has announced it has registered over $4.5 billion that has been pledged to different projects on its platform. The result is very positive for creators and individuals that are trying to gather funds and move forward with their projects. The information was recently released by the financial news site LearnBonds.com. Crowdfunding websites have been […]

By Reposted by International FinTech | FinTech . Investing
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Oct
30

Stockholm-based fintech startup Dreams raises €9 million to help millenials fulfill their financial ‘dreams’

Stockholm-based fintech startup Dreams has raised €9 million in a late seed round. The investor pool includes AXA Investment Managers (AXA IM), the Norwegian insurance company Storebrand, Finnish Ålandsbanken and a group of private investors. Dreams helps its users fulfill their financial goals through a user-friendly mobile app using behavioural science. Launched in 2016, Dreams’ key commercial […]

By Reposted by International FinTech | FinTech . Investing . Venture Capital
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Oct
28

ID Finance secures £1.5m within minutes on Crowdcube

ID Finance, the fintech company operating in Europe and Latin America, has raised over £1.5m crowdfunding target within minutes of its campaign going live on Crowdcube amid strong demand from investors. The data science, credit scoring and digital finance company has a crowdfunding target of £2m and is inviting interested parties to invest at https://www.crowdcube.com/idfinance. […]

By Reposted by International FinTech | FinTech . Investing
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Oct
28

Softbank pumps £510m into finance firm Greensill that could kill off payday lenders

Japanese conglomerate Softbank is set to inject another £510million into British online finance firm Greensill as part of plan to launch a new service that aims to wipe out controversial payday loans. City sources said Greensill, set up by former Morgan Stanley banker Lex Greensill, is in advanced talks to buy FreeUp, a technology company […]

By Reposted by International FinTech | FinTech . Investing . Lending . Payments
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Oct
24

Two more robo-advisors to enter Malaysia in 2020

Malaysia is expected to house two more robo-advisors in the country’s emerging financial technology (fintech) market next year, after the Australian-based firm Raiz Invest Ltd and Thai’s Robowealth Mutual Fund Brokerage Securities obtained the Securities Commission Malaysia’s (SC) approval for operation. SC executive chairman Datuk Syed Zaid Syed Jaffar Albar (picture) said the companies which […]

By Reposted by International FinTech | FinTech . Investing . Robo-Advice
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