Investments

Varo Financial Raises $123.9 Million in Funding Boost

The latest funding round strengthens Varo's financial position and growth plans.Highlights: Varo Financial secures $123.9 million in new funding.The investment will support Varo's growth strategy.Varo aims to enhance its...

NatWest to Shut 32 Branches, Tightening Its Retail Network

The bank aims to streamline operations amid changing customer habits.Highlights: NatWest to close 32 branches in a strategic...

Novum Secures UK Pension Fund Backing, Strengthening Fintech Growth

Funding supports expansion of innovative financial services in the UK.Highlights: Novum has received investment from a UK pension...

Apax Spins Out Finastra Treasury and Capital Markets Business, Strengthening Focus

Finastra's TCM unit now operates under the new brand Teciem.Highlights: Finastra's Treasury and Capital Markets unit has been...

TSB Warns of Spike in Romance Scams Amid Rising Online Fraud

Recent increase in romance scams targets vulnerable individuals.Highlights: TSB reports a dramatic increase in romance scams.Victims often lose...
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Shift bags $23m Series D funding led by Peak XV Partners

Funding Secured: Australian fintech Shift has raised $23 million (AUD 35 million) in a Series D funding round led by Peak XV Partners...

Arch Lending raises $75m in equity and debt financing to power crypto-backed loans

Company Overview: Arch Lending, a New York-based fintech start-up founded in 2022, specializes in providing crypto-backed loans to individual and institutional investors. Recent...

India’s DMI Finance lands a further $334m investment from MUFG

Company Overview: DMI Finance, based in New Delhi, is a non-banking financial company (NBFC) that provides credit solutions to corporate borrowers and serves...

Lettuce Financial bags $15m Series A led by Zeev Ventures

Funding Secured: Lettuce Financial, a San Francisco-based fintech start-up, has raised $15 million in a Series A funding round led by Zeev Ventures,...

US fintech start-up Received to close down

Company Closure: Received, a New York-based billing and accounts receivable platform, is shutting down. The decision was made by the company's co-founder and...

Singapore-based fintech start-up WSPN bags $30m seed funding

WSPN (Worldwide Stablecoin Payment Network), a Singapore-based stablecoin infrastructure provider, raised $30 million in a seed funding round. The round was led by...

US fintech Amount lands $30m in fresh funding to advance AI capabilities

Funding Round: Amount, a digital origination and decisioning SaaS platform, raised $30 million in its latest equity funding round. Investors: The round included...

Revolut becomes Europe’s most valuable private tech firm after $500m employee share sale

New Valuation: Revolut has become Europe’s most valuable private tech company, now valued at $45 billion after a secondary share sale. Employee Benefits:...

Chaos Labs lands $55 million Series A led by Haun Ventures

Funding Secured: Chaos Labs, a blockchain risk management platform, has raised $55 million in a Series A funding round led by Haun Ventures. ...
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