News

30Oct2018

Report shows fintech sector flourishing with $40bn in M&A action

Hampleton Partners has released its latest fintech M&A report which shows a total disclosed transaction value of $39.3bn in deals for H1 2018. This is a 26 per cent increase in value from the previous 6 months.

25Oct2018

Payments Fintech Stripe Valued at $20 Billion in Latest Funding Round

Stripe Inc. said Wednesday that a new fundraising round values the financial-technology startup at roughly $20 billion, vaulting it into the ranks of the world’s most valuable private companies.

23Oct2018

SEBA Crypto receives CHF100m to launch crypto bank

The Swiss startup, launched by several former UBS bankers, will use the investment to build both a digital and physical crypto bank.

18Oct2018

Student lending fintech Prodigy secures $1bn in debt capital

Keeping pace with another online lender, Prodigy Finance has secured $1bn in debt financing.

16Oct2018

Fintech lender scores £300m funding deal with asset manager

ThinCats has announced a new funding deal for up to £300m with global asset manager Insight Investment to fund UK SMEs with commercial loans.

11Oct2018

LendInvest scoops another £30.5m in pre-IPO round

With Funding Circle’s debut on the London market imminent, fintech property lender LendInvest has closed what it calls a pre-IPO fundraise.

09Oct2018

Klarna acquires Close Brothers’ retail finance arm

Klarna, a payments giant turned fintech bank, has acquired Close Brothers Retail Finance (CBRF), the point-of-sale funding arm of merchant banking group Close Brothers Group plc.

04Oct2018

Bezos and Gates back Wagestream’s £4.5m funding round

A big-name dream team that includes Bill Gates and Jeff Bezos are behind the £4.5 million funding for payments start-up Wagestream.

02Oct2018

Rightmove founder’s lending platform secures £75m

Glenhawk, a recently launched specialist UK property lender, has secured an initial £75m funding line from Shawbrook Bank and a global asset manager.