Investing

Oct
23

US FinTech West Creek nabs $150 mn from Pollen Street Capital

West Creek, a Virginia-based FinTech firm has raised $150 million from Pollen Street Capital, bringing the company’s total raised capital to $250 million. The company claims a revenue growth of over 4,400% since 2015 and expects to surpass $200 million by the end of 2019. West Creek plans to expand its point-of-sale (PoS) financing offering with […]

By Reposted by International FinTech | FinTech . Investing . Venture Capital
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Oct
23

Luge Capital raises $85M to invest in Canadian fintech startups

There are 831 financial technology startups headquartered in or operating in Canada, according to data collected by Fintech Growth Syndicate, yet only a handful of venture capital funds specializing in the region and sector. Luge Capital, a fintech and AI-focused venture capital fund headquartered in Montreal and Toronto, is looking to close that gap. The […]

By Reposted by International FinTech | FinTech . Investing . Venture Capital
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Oct
22

Utrecht-based Rabo Frontier Ventures invests in UK fintech and banking company Tide

Rabo Frontier Ventures, Utrecht-based strategic investment venture fund, has invested in the mobile business platform Tide in a Series B investment round. This investment round was led by SBI Group and Augment. Notably, the RFV deal was structured through an SPV that is managed by Anthemis Group, a major early-stage investor in Tide and one […]

By Reposted by International FinTech | Banking . FinTech . Investing . Venture Capital
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Oct
22

Fidelity fully rolls out cryptocurrency custody services

Fidelity, the Boston-based financial services firm with $2.8 trillion USD under management, is fully rolling out its cryptocurrency custody service after launching in fall 2018 and adding some clients in a limited capacity at the beginning of 2019. Abigail Johnson, CEO of Fidelity, highlighted that this move makes a difference for everyday non-technical customers that […]

By Reposted by International FinTech | Currency . FinTech . Investing
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Oct
22

How Crowdfunding is becoming regular investing

A decade ago, an entrepreneur wanting to raise cash pretty much had to have rich relatives or pals, or gain entry into the clubby world of venture capital. Sure, that entrepreneur could take it to the web, asking people to make their own relatively small investments, but that was considered less than respectable – the […]

By Reposted by International FinTech | FinTech . Investing . Venture Capital
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Oct
21

UK pumps £10 million into the Kenyan Fintech scene as it aims to increase financial inclusion for low-income and underserved consumers through technology

The Lord Mayor of the City of London Peter Estlin, on Thursday announced £10 million (Sh1.154 billion) of UK Aid support towards the Catalyst Fund during a visit to Nairobi. His visit comes ahead of the first UK-Africa Investment Summit next year, which will bring together businesses, governments and international institutions to encourage investment in […]

By Reposted by International FinTech | FinTech . Investing
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Oct
21

Where are US fintech’s next billion-dollar startups?

As fintech investments soar to new heights, investors are looking at the bottom and top levels of the services stack to find the next billion-dollar startups. That’s the word from seasoned investors like Andreessen Horowitz’s managing director, Angela Strange, who has invested in a number of successful financial services technology companies. For Strange and Chris […]

By Reposted by International FinTech | FinTech . Investing
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Apr
09

Scotland attracts £37m investment in fintech over the past decade

Fintech in Scotland has attracted nearly £37m in investment over the last 10 years with an emerging ‘ecosystem’ which brings together start-ups, large firms, universities and the public sector, said the Scottish Government. Scotland is now a key location for many international firms, such as J.P. Morgan, HSBC, Morgan Stanley, NCR, Ingenico and Avaloq. J.P. […]

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