Funding

NatWest Group Strengthens Free Investment Guidance Programme

New initiative aims to educate more customers on investing.Highlights: NatWest Group expands free investment guidance programme.Initiative targets educating customers on investments.Part of broader push to enhance financial literacy.NatWest...

Tether Launches New Stablecoin Wallet to Enhance User Experience

This innovative platform aims to improve accessibility for crypto users.Highlights: Tether has introduced a new stablecoin wallet.The wallet...

FCA Strengthens Money Laundering Combat with Synthetic Dataset

New collaboration aims to enhance detection capabilities against financial crime.Highlights: FCA partners with Turing Institute to combat money...

Spektr Strengthens Compliance Efforts with $20M Funding

Fintech startup Spektr secures $20 million for AI-driven compliance solutions.Highlights: Spektr raises $20 million to enhance its AI...

Hacked DeFi Platform Drift Secures Funds to Repay Customers

Drift plans to relaunch with Tether support after addressing security issues.Highlights: Drift DeFi platform has secured funds after...
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ICYMI fintech funding round-up: Statement, iink, Finzly and more

Statement:Israel-based fintech Statement secures $12 million in seed funding. Led by Glilot Capital Partners with participation from Citi, Mensch Capital Partners, Titan Capital,...

ID verification specialist Prove Identity bags $40m to fuel global expansion

Prove Identity, a New York-based ID verification firm, secures $40 million in funding from MassMutual Ventures and Capital One Ventures. Founded in 2008...

Iwoca lands £200m debt facility from Barclays and Värde Partners

Iwoca, a UK-based SME lender, secures £200 million in a new debt facility. Founded in 2011, Iwoca provides embedded lending solutions for small...

US Treasury grants Truist $65m NMTC allocation to spur investment in underserved communities

Truist Community Development Enterprises (CDE), a subsidiary of Truist Financial Corporation, secures a $65 million New Markets Tax Credit (NMTC) allocation from the...

US fintech Stash lands $40m in funding and appoints Amy Butte as independent audit chair

Stash raises $40 million in new funding:Led by funds advised by T. Rowe Price, with participation from existing investors. Follows previous rounds of...

US payments start-up Braid winds down operations

Braid, a San Francisco-based consumer payments start-up founded in 2018, has shut down as of September 2023. Braid shuts down operations due to...

Brokerage platform Alpaca plots Asian expansion with SBI partnership

Alpaca partners with Japan's SBI Group to expand in Asia. SBI Group, the second-largest brokerage firm in Japan, invests $15 million in Alpaca. ...

ICYMI fintech funding round-up: Untangled Finance, Kennek and more

UK-based Untangled Finance:Raised $13.5 million in multi-year strategic funding from Fasanara Capital. Focuses on tokenizing real-world private credit assets into on-chain structured credit...

GreenSky sold to Sixth Street-led investor consortium, Goldman Sachs confirms

Goldman Sachs sells GreenSky to consortium led by Sixth Street:Goldman Sachs is selling GreenSky, a fintech lender and BNPL provider, to a consortium...
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