Flutterwave, a leading technology company, announced today that it has raised USD $250 million in Series D funding, valuing the company at over $3 billion as the brand continues to transform the way Africans transact on the continent and worldwide.

• £3bn lent to scale-ups and property entrepreneurs across the UK

Cynergy Bank, has reached a lending milestone having grown to £3bn by continuing to support SME’s, property entrepreneurs and homeowners. Cynergy Bank, the human digital bank, reached the milestone figure at the beginning of 2022 against a backdrop of two years of economic uncertainty caused by the pandemic.

Atom, the UK’s first app-based bank has raised more than £75m in new equity priced at 70p per share as it continues to grow its profitability and drive to IPO. The raise will be led by BBVA and by Toscafund with co-investors Infinity Investment Partners, and is now being opened to other existing shareholders. Today’s announcement follows a £40m raise in April 2021.  The Durham-based digital lender has now raised more than £115m in the last 12 months.

Tinkoff is introducing a new line of business – digital mortgage loans. 

Tinkoff’s mortgage loan offering is the first of its kind in Russia: the process will take  place entirely online, from paperwork to credit issuance. Since Tinkoff has always been  branchless, customers will not need to visit a brick-and-mortar location at any stage of  the transaction, including when applying for electronic signatures. 

nCino, Inc., a pioneer in cloud banking and digital transformation solutions for the global financial services industry, will report financial results for its fourth quarter and fiscal year ended January 31, 2022, after the market close on Thursday, March 31, 2022.

The world’s fastest growing fraud prevention business is on a mission to eradicate fraud in the Buy Now, Pay Later (BNPL) sector.

End-to-end payment ecosystem provider Monneo has announced its exciting plans to launch Pixelpay, a stand-alone financial product designed specifically for the affiliate marketing industry.

Digital networks can enhance trade finance funding opportunities, particularly for SMEs, reveals new industry survey, and in turn play a key role in addressing the US$1.7 trillion global trade finance gap.

• 93% of business owners said Covid-19 has made them reassess their relationship with their business
• A quarter of entrepreneurs started their business in order to create jobs, a legacy or a desire to give back to the community
• 86% of business owners state that a favourable capital gains tax rate is an important factor in their decision to build their current business, or any future one

EuropeanCEO, the leading subscription-based print and online publication, have announced that Jason Mace, CEO and Co-Founder of Gala Technology has been awarded Entrepreneur of the Year 2022 by for his work in the financial technology industry.