Venture Capital

Aug
10

Vantiv seals $10 billion Worldpay acquisition

Vantiv Inc. agreed to acquire U.K. payments processor Worldpay Group PLC for about GBP8 billion ($10.4 billion) in cash and stock, one of the biggest deals in the fast consolidating sector. The tie-up, according to a joint statement Wednesday, will create a trans-Atlantic payments processing giant with a combined market value of more than $20 […]

By Reposted by International FinTech | FinTech . Investing . Venture Capital
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Aug
07

Fintech Kantox raises £4.6 million from investors as it targets profitability

Foreign exchange fintech company Kantox has raised £4.6 million from its existing investors as it aims for profitability. Filings with Companies House show Kantox raised the sum at the end of July. CEO and founder Philippe Gelis confirmed the fundraise with Business Insider over email, saying the company raised the money from existing investors Partech […]

By Reposted by International FinTech | Currency . FinTech . Investing . Venture Capital
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Aug
03

Singapore’s GIC leads $220 million funding round for Chinese P2P lender Dianrong

Chinese peer-to-peer lending platform Dianrong has raised $220 million from Singapore sovereign fund GIC Pte Ltd [GIC.UL] and other investors to fund R&D in China and potential ventures elsewhere in Asia. Other investors in the funding round included CMIG Leasing, a unit of China’s biggest private investment conglomerate China Minsheng Investment Group (CMIG), and South […]

By Reposted by International FinTech | FinTech . Investing . Lending . Peer-to-Peer . Venture Capital
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Aug
03

Fintech funding on the rebound as Irish start-ups play part

Global fintech investment more than doubled from the first to the second quarter on the back of a sharp rise in European funding deals. Ireland played its part, recording fintech investments of more than $230 million (€194 million) in the three-month period, led by Plynk which raised €25 million in a Series A round from […]

By Reposted by International FinTech | FinTech . Investing . Venture Capital
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Jul
27

Global VC fintech investment attracts $6.5 Billion in H1 2017

Global VC investment for FinTech in H1 2017 attracted $6.5 billion of VC investment with 787 deals, a 45% decrease year on year, according to statistics compiled through Pitchbook by Innovate Finance, the not-for-profit membership association for global FinTech. While total global investment dropped, UK VC investment for FinTech firms increased by 37% to $564 […]

By Reposted by International FinTech | FinTech . Investing . Venture Capital
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Jul
27

Investment in UK Fintech tops pre-Brexit levels in First Half of 2017

Over half a billion dollars were poured into British financial technology companies in the first half of 2017, over a third more than the same period last year, trade body Innovate Finance said on Wednesday, in the latest sign the fast-growing sector is so far weathering Brexit. UK-based fintech startups pulled in $564 million of […]

By Reposted by International FinTech | Bitcoin . FinTech . Investing . Venture Capital
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Jul
14

Praise the lord: Pushpay shares rise after $33m placement

Pushpay, an ASX-listed fintech seeking to convert United States church goers to donating via their mobile phones, has raised $US25 million ($33 million) in an oversubscribed placement as it targets a doubling of revenue next year. Fifteen new institutional investors in Australia and New Zealand, where Pushpay is also listed, backed the private placement at […]

By Reposted by International FinTech | FinTech . Investing . Payments . Venture Capital
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Jul
13

UK fintech start-up Revolut raises $66 million, adds bitcoin

The “global banking alternative” Revolut has raised $66 million in a fund-raising round, the start-up said on Wednesday, in the latest sign that London is so far weathering Brexit to remain a global financial-technology center. Led by Europe- and San Francisco-based venture capital fund Index Ventures, the fund-raising round was one of the biggest ever […]

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