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Latest Results from /startups

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Digital Onboarding raises $58m

Boston-based SaaS fintech Digital Onboarding has raised $58 million from Volition Capital.

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Latin American payments startup Pomelo raises $40m

Pomelo, an Argentinian payments infrastructure firm, has raised $40 million in a Series B funding round led by VC Kaszek.

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Financial Cloud Summit 2024: How is cloud usage shifting in 2024?

Finextra Research will be hosting its second Financial Cloud Summit conference on March 7th 2024 at King’s Place in London.

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Scotland reports 24% fintech employment growth

Scotland’s fintech cluster has seen a 24% increase in jobs since 2021, says the organisation tasked with supporting the sector.

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Global fintech funding halves

Global capital investment in fintech nearly halved in 2023 to $51 billion, with the UK seeing an even sharper decline, according to Innovate Finance data.

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Fintech startup Salmon becomes licenced bank in the Philippines

Consumer credit fintech Salmon has become a licenced bank in the Philippines after acquiring a controlling interest in Rural Bank of Sta. Rose.

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Citi joins £25m Series A for UK fintech Zilo

UK-based asset and wealth management software vendor Zilo has raised £25 million in a Series A funding round joined by Citi.

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HSBC AM leads €12 million investment in Unbox

Value exchange network Unbox has closed a €12 million Series A round with support from HSBC Asset Management and Belgian sovereign wealth fund subsidiary SFPIM.

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AbbeyCross raises $6.5m for emerging markets FX platform

AbbeyCross, a wholesale FX platform focused on improving the payment market infrastructure for emerging market currencies, has raised US$6.5 million in a seed funding round.

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Plaid and Robinhood vets raise $75m for early-stage VC fund

Exponent Founders Capital, an early-stage venture capital firm led by former Plaid and Robinhood staffers, has raised $75 million for a fund to invest in startups from a host of sectors, including fintech.

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US and UK fintech funding falls sharply in 2023

Investment into US and UK fintech startups experienced sharp declines in 2023, with inflation, increased interest rates, geopolitical issues, and other macroeconomic conditions all hitting valuations and deal activity.

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Financial Cloud Summit 2024: What’s driving banks to the cloud?

Finextra Research will be hosting its second Financial Cloud Summit conference on March 7th 2024 at King’s Place in London.