UK’s Zilch raises $80M at a $500M+ valuation for its direct-to-consumer buy now, pay later service
London buy now, pay later startup Zilch has raised $80 million (£57m), an all-equity Series B that values the company at over $500 million (£360m).
Belfast fintech firm in fresh funding round for new bank-linked loyalty platform
Belfast-based fintech company LoyalBe has announced £725,000 of fresh investment in a funding round led by Techstart Ventures.
Digital Finance as the New Normal: Plaid raises $425 Million Series D
With digital finance being the new normal, Plaid has announced a significant funding round raising $425 million in a Series D round.
Standard Chartered turbocharges digital payments proposition with investment and the merger of CurrencyFair with Assembly Payments
CurrencyFair, a global cross-border payments platform and Assembly Payments, whose platform automates complex payment workflows, today announce their merger as a result of a strategic investment by Standard Chartered, subject to regulatory approval. SC Ventures, the innovation, ventures and fintech investments unit of Standard Chartered is doubling down on its commitment to the rapidly growing payments industry, following its earlier investment in Assembly Payments in 2020. Bill Winters, Group Chief Executive of Standard Chartered said, “Digital payments is a core strategic area for Standard Chartered and our 2020 investment in Assembly Payments greatly enhanced our presence in the domestic payments business. By bringing together the complementary strengths of CurrencyFair and […]
Uruguayan payments startup dLocal quadruples valuation to $5B with $150M raise
This means that the five-year-old Uruguayan company dLocal has effectively quadrupled its valuation in a matter of months.
UAE-based fintech NOW Money secures $7m to expand digital banking solution
NOW Money, the GCC’s first digital banking solution for low-income migrant workers, has secured $7m in funding led by Anthemis Exponential Ventures.
Crypto boom continues as Chainalysis raises $100M, doubles valuation to over $2B
As the crypto boom continues, Chainalysis, announced that it has closed on $100 million in Series D financing, doubling its valuation to over $2 billion.
Airwallex’s latest US$100 million capital raising puts valuation at US$2.6 billion
Airwallex announced that the company’s valuation has increased to US$2.6 billion with a capital raising of US$100 million in a further Series D extension.
