Industry news
The BNPL platform secured $30m in the Series B round and will use the proceeds to expand internationally.
The sustainable investment platform and app has secured £2 million from Channel 4 Ventures, with a TV advertising campaign due later in 2021.
New investors Future Positive, Kibo Ventures and FJLabs participated in the Latin American open finance platform’s fundraising.
Augmentum Fintech led the fundraising, which will enable the workplace savings fintech to buy another master trust, following its acquisition of Salvus Master Trust in 2020.
Emma Lovell, CEO of the Lending Standards Board, writes about the increased risk of APP scams and what the industry can do to protect consumers.
The lending partnership will deploy new funding to around 4,000 small businesses and follows announcement that Funding Circle has been accredited under the British Business Bank’s Recovery Loan Scheme.
This year Amsterdam FinTech Week will be run as an online-only event, with special guests including Jan Ceyssens of the European Commission and De Nederlandsche Bank’s Steven Maijoor.
The UK fintech has been chosen to accelerate Banco Santander’s Open Banking programme.
The partnership, which is already live, will provide users of Wealthify’s app with ‘seamless’ payment initiation services.
