This Week in Fintech (11/14)

This Week in Fintech (11/14)

Hello Fintech Friends,

This is when I love being a nerd.

Thank you for the 250+ people who registered and took some free time out of your Friday schedules to come talk about how fintech has developed around the world.

A particularly big thank-you to our presenters, Vaibhav Puranik and Ankit Singh, Simon Taylor and Nina Mohanty, Danielle Chike-Ogwo, Stone Atwine, and Nelly Chatue-Diop, Mike Packer and Mark Heynen, and Sumi Das and Alex Johnson.

We’ll circulate the presentations and recordings soon.

Open role spotlight

Oxygen, a modern financial platform designed for digital-natives looking for a banking partner that understands how they live and work, is hiring a Technical Program Manager. The bank just passed 100,000 account-holders and 100 million transactions. Please reply for details.

Sponsored Content

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  • Online mortgage lender Better raised a $200 million Series D at a $4 billion valuation.
  • Indonesian superapp Grab led a $100 million Series B in digital wallet and merchant services business LinkAja.
  • Aidexa, an Italian open banking-based neobank, raised a €45 million seed round.
  • UK-based banking-as-a-service platform Railsbank raised $37 million in new funding.
  • Remote raised $35 million to build out its platform for remote team payroll services globally.
  • Truebill, which began as a subscription management and negotiation service before evolving into a wholesale personal financial manager, raised a $17 million Series C.
  • Lightico, a document signature platform for financial institutions, raised $13 million in new funding.
  • AppBrilliance, an edge computing startup that provides financial account authentication, raised $3 million in seed funding.
  • Clim8, an app for sustainable investing, crowdfunded £2.35 million on Crowdcube.
  • Mouro Capital, the VC arm spun out of Santander Bank, invested in Spanish property technology platform Clikalia.
  • Spanish bank BBVA invested €4 million in biometrics startup JV Veridas.
  • Citi invested in low-code framework platform Dextcloud.
  • Visa made a strategic investment in LISNR, a startup platform that uses ultrasound technology for mobile authentication and payments.

Exits and M&A

Fintech M&A rebounds from the pandemic.”

  • French payment solutions provider Worldline successfully acquired its compatriot Ingenico, a point-of-sale payments solutions-maker, for $8.6 billion.
  • Goldman Sachs is in talks to acquire investment technology provider Trading Technologies for $500 million.
  • Individual investor platform Republic acquired small business investment platform NextSeed.
  • Software provider ION Group received UK regulatory approval to sell off the fixed-income trading business of acquiree Broadway Technology.


  • Foley Trasimene Acquisition Corp, investor Bill Foley’s SPAC, is in talks to bring online payments firm Paysafe public at an expected valuation of over $10 billion.