European fintech funding round-up: Unbox, Rivero, ProjectPay & Ryft
Unbox (Belgium):Belgium-based fintech Unbox has secured a €12 million Series A funding round led by HSBC Asset Management.
Unbox, founded in 2020,...
Bill Crager to step down as CEO of Envestnet
Envestnet Leadership Transition:CEO Departure: Bill Crager, co-founder of Envestnet, is stepping down from his role as CEO, effective March 31, 2024.
Transition to...
UK fintech funding fell 63% in 2023, new Tracxn report finds
Funding Decline: Fintech funding in the UK experienced a significant decline for the second consecutive year, dropping by 63% in 2023. The total...
UK fintech start-up Zilo lands £25m in Series A funding
Funding Details:UK-based fintech start-up Zilo has successfully raised £25 million in a Series A funding round.Lead Investors:The funding round was...
Indian paytech MobiKwik refiles draft papers for IPO, hopes to raise $84m
MobiKwik's IPO Refiling:Indian paytech firm MobiKwik has refiled draft papers for an initial public offering (IPO) with the Securities and Exchange Board...
Nubank secures regulatory approval to operate as a financing company in Colombia
Regulatory Approval for Nu Colombia:Nu Colombia, the Colombian subsidiary of Latin American challenger Nubank, has received regulatory approval from the Financial Superintendence...
Saudi fintech start-up Tameed raises $15m Series A
Saudi Arabian fintech start-up Tameed secures $15 million in Series A funding led by Al-Romaih Investments.
Tameed plans to use the funds to...
ICYMI fintech funding round-up: Fimple, Money Industries and Koree
Fimple Funding Round:UK and Turkey-based fintech Fimple secured an additional $3.5 million in funding.
Led by Apy Ventures, with participation from KT...
JP Morgan and Viva Wallet reportedly collide over board appointments
Friction in Relationship:Reports suggest tension between JP Morgan and Viva Wallet.
Two out of three JP Morgan-nominated directors resigned from Viva Wallet's...
