Brits Among the World’s Highest Savers; but Are Less Inclined to Invest.
- 4 years 7 months ago
- Payments, Banking
New data from Klarna, a leading global retail bank, payments and shopping service, shows that Brits are saving a higher share of their income each month compared to their international peers but are less interested in investing their money.
EIF Backs Lending Marketplace Estateguru in Launching a New Credit Fund
- 4 years 7 months ago
- Lending
The European Investment Fund (EIF) has committed to making a cornerstone investment in the Estateguru Senior Secured Credit Fund The new fund has a target size of up to €170 million and is aiming to invest in senior secured SME property-backed loans originated primarily in the Baltics, Finland and Germany
11/03 – Weekly Investment & Fundraising News
- 4 years 7 months ago
- Fundraising News
Atlan Raises $50M Series B led by Salesforce Ventures, Sequoia, and Insight to Build a Collaboration Hub for Data Teams
Nordic Neobank Lunar Receives €70 Million in Fresh Funding
- 4 years 7 months ago
- Fundraising News, Banking
Lunar, a Daniosh neobank, has raised €70 million in new capital to prepare for the launch of new crypto trading and business-to-business payments products. The new funding round follows the Nordic challenger's €210 million Series D funding round in July of last year. The firm has now raised a total of €345 million and is valued at just under €2 billion.
Capchase has raised $80 million in a Series B funding round led by 01 Advisors
- 4 years 7 months ago
- Fundraising News
Capchase, a startup in the United States that assists entrepreneurs in obtaining non-dilutive capital, has raised $80 million in a Series B round led by 01 Advisors. The round was co-led by QED, Caffeinated Capital, Bling Capital, ScifiVC, Thomvest Ventures, Tusk Venture Partners, Invesco, and Gaingels.
BNPL Fintech in3 Secures $11.1m Series a From Finch Capital; Partners With Worldline of Offer Free BNPL Services
- 4 years 7 months ago
- Fundraising News
Partnership: The Dutch fintech partners with global payments company Worldline to provide online and offline customers with BNPL offers at no fee for the end consumer Growth: in3 revenue has increased 300% year-on-year since 2018 as it scales reach and operations
Acorns Raises $300m After Abandoning Spac Plans
- 4 years 7 months ago
- Fundraising News, FinTech StartUps
Acorns, the savings and investing app, has raised $300 million from private investors at a $1.9 billion valuation, after abandoning plans to go public via a Spac. According to CNBC, TPG led the Series F round, which included participation from BlackRock, Bain Capital Ventures, Galaxy Digital, and basketball star Kevin Durant's venture capital firm.
Lendable Raises £210 Million at £3.5 Billion Valuation
- 4 years 7 months ago
- Fundraising News
Consumer finance platform Lendable, based in London, has raised £210 million in a funding round led by the Ontario Teachers' Pension Plan Board. Lendable, founded in 2014, connects global institutional investors and borrowers across all major product categories, including loans, credit cards, and auto finance.
Lloyds Bank invests £5 million in working capital platform Satago
- 4 years 7 months ago
- Fundraising News, Banking
Lloyds Bank has invested £5 million for a 20% stake in invoice financing startup Satago and will roll out the platform for its Single Invoice Finance and whole of book Invoice Factoring customers.The deal with Satago follows a competitive tender process and a six month trial of the technology. Once deployed it will introduce a new digitised proposition for lending to the bank's SME customers.
Wolters Kluwer to acquire IDS
- 4 years 7 months ago
- Compliance, Risk Management
Wolters Kluwer Governance, Risk & Compliance (GRC) has announced that it has signed an agreement with The Reynolds and Reynolds Company to acquire International Document Services, Inc. (IDS), a leading U.S. provider of compliance and document generation software solutions for the mortgage and real estate industry. The deal is for approximately $70 million in cash.
Oakbrook and Experian Pilot to Help More People Get Access to Fairer, Affordable Credit
- 4 years 7 months ago
- Personal Finance
Cutting-edge affordability technology will enable personalised decisions that accurately reflect a customer’s financial circumstances Early tests show a 10% increase in acceptance rates without any compromise to affordability assessments or credit performance
KTC and JCB launch the first JCB ULTIMATE Credit Card in Thailand
- 4 years 7 months ago
- Credit Cards
Krungthai Card Public Company Limited., one of the leading card issuing company and JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., Japan's only international payment brand, announce the launch of issuing the KTC JCB Ultimate Credit Card in Thailand.
Ebitly Has Chosen to Integrate Open Banking Into Their Account Platform Through Partnership With Nordigen
- 4 years 7 months ago
- Open Banking
New Study From Entrust Finds Consumers Prefer Digital Banking Experiences, But Are Concerned About Security
- 4 years 7 months ago
- Digital banking, Payments, Banking
A survey from Entrust details preferences of the modern banking customer, with consumers indicating a need for online banking capabilities, secure cards with chips and enhanced payment security
Babel Finance : 2021–2022 Crypto Asset Market Predictions
- 4 years 7 months ago
- Asset Management
Babel Finance Asset Management's research specialists are optimistic about the long-term value of crypto assets. Since the currency's birth, long-term Bitcoin(BTC) investors have profited handsomely, and more and more traditional financial institutions are realizing it. Financial institutions increasingly adopt crypto-asset markets, as seen by the high trade volumes recorded by Babel Finance's crypto trading division.
