Tag: SME

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Stripe’s Paystack leads investor group set to acquire Nigerian fintech start-up Brass

Acquisition Announcement:Brass, a Nigerian fintech, is set to be acquired by an investor group led by Paystack. Paystack is owned by US...

Business banking start-up GoDutch launches in the Netherlands

GoDutch Launch:Amsterdam-based business banking start-up GoDutch launched this week. Aims to redefine "fair banking" by sharing up to 70% of its income...

JP Morgan Chase commits additional £40m to boost economic growth in the UK

Investment Details:Total Commitment: £40 million over five years. Overall Investment Since 2019: £90 million.Focus Areas:Financial Health and Careers/Skills Development:Total Allocation: £24...

ICYMI fintech funding round-up: Fundcraft, Volta, Swypex, SAVR and more

Fundcraft:Raised €5 million in Series A funding round. Led by Swiss VC Aperture Capital with support from SIX Fintech Ventures and other...

ICYMI fintech funding round-up: Backflip, Ansa, Salmon, Firenze and more

Backflip: US-based proptech Backflip raised $15 million in a Series A funding round led by FirstMark Capital, with participation from existing backers and...

Allica Bank reports first full year of profitability after revenues double

Allica Bank's Financial Performance:Allica Bank, a UK challenger bank lending to SMEs since 2020, reported its first full year of profitability. Revenues...