The Front Page of Global Fintech

The largest fintech community in the world. Subscribe to our newsletter to stay up to date on the latest in news opinions, and all things financial technology.

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The Front Page of Global Fintech

The the largest fintech community in the world. Subscribe to our newsletter to stay up to date on the latest in news opinions, and all things financial technology.

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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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Financings

  • 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.

SPAC

  • 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.