Venture Capital

Jul
12

World Bank, Alibaba fund invest in Hong Kong-based fintech startup

Hong Kong-based startup CompareAsiaGroup has secured $50 million in funding from investors led by the World Bank’s commercial lending arm, as the personal finance management platform looks to develop its technology and launch more products. The International Finance Corp (IFC), as the World Bank unit is called, said it had agreed to invest $15 million […]

By Reposted by International FinTech | FinTech . Investing . Venture Capital
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Jul
12

London fintech Curve closing in on $10M Series A

Curve, the London fintech startup that offers a platform that lets you consolidate all your bank cards into a single Curve card and manage your money, is on the verge of closing $10 million in Series A funding. According to sources, the round, which could be announced as soon as this week, is being led […]

By Reposted by International FinTech | Banking . FinTech . Investing . Venture Capital
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Jul
06

Vantiv offers Worldpay a deal valued at $10 Billion

Worldpay Group, the British payment processing company, said on Wednesday that it had agreed in principle to be acquired by Vantiv, an American rival, for 7.7 billion pounds. The transaction, valued at about $10 billion, is one of the most significant in the field since the financial crisis. Payment processing has become increasingly important for […]

By Reposted by International FinTech | FinTech . Investing . Payments . Venture Capital
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Jul
06

London ‘defends title as Europe’s tech hub with record investment so far in 2017’

London appears to be defending its title as Europe’s tech hub – at least for now. According to figures published by London & Partners, the Mayor of London’s promotional agency, venture capital firms pumped more than £1.1bn into the city’s technology sector over the last six months. London’s tech sector attracted more venture capital investment […]

By Reposted by International FinTech | FinTech . Investing . Venture Capital
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Jul
05

Fintech startup Tide got a $14 million boost

Banking startup Tide raised $US14 million in one of the largest Series A funding rounds closed by a fintech company this year. Tide, a digital-only banking app aimed at small businesses, has also partnered with online lender iwoca, in a move to allow small companies access to loans of up to £100,000. The funding round […]

By Reposted by International FinTech | Banking . FinTech . Investing . Venture Capital
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Jul
05

MortgageGym receives £500K investment from Henry Ritchotte

MortgageGym, a UK-based regulated mortgage robo-adviser, received a personal investment of £500k from Henry Ritchotte. Ritchotte, former Chief Operating Officer and member of the management board of Deutsche Bank AG, was also appointed as an adviser. He has over 24 years’ experience in the investment banking and financial services industries. Since leaving Deutsche earlier this […]

By Reposted by International FinTech | FinTech . Investing . Mortgage . Robo-Advice . Venture Capital
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Jul
05

LandlordInvest raises seed funding from Alan Gabbay, Director of O&H Properties

LandlordInvest, one of the first fully FCA authorised peer-to-peer lending platforms for residential mortgages, raises seed funding from Alan Gabbay, Director of O&H Properties, a London based privately owned property investment firm with assets valued at approximately £1 billion. LandlordInvest was launched at end of 2016 by founders Filip Karadaghi, Nikolajs Smirnovs and Joe Vallender […]

By International FinTech | Borrowing . FinTech . Investing . Lending . Mortgage . Peer-to-Peer . Venture Capital
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Jun
30

Investors are preparing to give fintech app Revolut £50 million even though it’s bleeding money

Fast-growing fintech app Revolut is close to sealing a £50 million funding round that will value the nascent company at £300 million, Sky News reports. London VC Index Ventures, already an investor in Revolut, is leading the round, Sky says. Silicon Valley investor Ribbit Capital is also said to be taking part in the round. […]

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