US fintech Portal raises $8.5 million to bring Bitcoin-based DeFi to the masses
US fintech Portal has closed an $8.5 million funding round to build a self-sovereign and uncensorable DeFi on Bitcoin.
US & UK fintech SellersFunding closes $166.5m Series A led by Northzone
SellersFunding today announced it has secured $166.5 million in a combination of Equity and Credit Facility, with the investment round led by Northzone.
Varo Bank raises $510 million led by new investor Lone Pine Capital
Varo Bank today announced it closed a $510 million oversubscribed funding round, led by new investor Lone Pine Capital.
Future FinTech agrees to purchase UK money transfer company
Future FinTech Group announced that it has signed a definitive agreement to acquire 100% of the equity of money transfer company Khyber Money Exchange.
Falfurrias Capital Partners announces majority investment in Chargeback Gurus
Charlotte-based private equity firm Falfurrias Capital Partners have announced it has invested in fintech company Chargeback Gurus.
IKEA’s holding company, Ingka Group, invests $22.5 million in fintech Jifiti
The investment arm of Ingka Group, owner and operator of 389 IKEA stores and e-commerce in 32 countries, has invested US$22.5 million in Jifiti.
Alpaca raises $50M to rapidly scale its API-delivered equities trading business
Alpaca has begun allowing other fintech companies to offer equities trading through its service to their consumer user bases.
London private equity firm Hg buys majority interest in Riskalyze
London private equity firm Hg said it is buying a controlling interest in Riskalyze Inc., a company provides advisers with risk and compliance technology.