Railsbank closes $10m Series A funding round to expand into Singapore
RegTech and open banking platform Railsbank has raised $10m in its latest investment round.
Pockit swipes £2.9m for inclusive mobile banking
Mobile banking startup Pockit has picked up £2.9m in new funding as it introduces a remittance service from the UK to Italy and Poland.
BNP Paribas acquires neo bank Compte-Nickel
BNP Paribas is set to acquire a 95% stake in neo-banking startup Compte-Nickel’s parent company Financière des Paiements Électroniques.
Monzo closes £22m round with £2.5m in crowdfunding
Challenger bank Monzo has wrapped up its latest funding haul with £22m after raising £2.5m in crowdfunding. The London-based attracted a record-breaking 6,5000 investors.
Student banking startup BankMobile sells for $175m
Student-focused challenger bank BankMobile is being sold by its parent company Customers Bank for $175m to Flagship Community Bank.
SME bank and CRM PayQix secures $11m of $21m haul
Online banking and transaction management startup PayQix has closed $11m in funding from an unnamed international multi-strategy focused family office.
Kid-friendly banking app Current picks up $3.6m
Mobile banking and payments platform Current has closed $3.6m in a seed funding round. Existing backers Expa and Human Ventures contributed along with Future Perfect Ventures.
Crypto and fiat currency banking platform Wirex bags $3m
Crypto and fiat currency banking platform Wirex Limited has raised $3m in Series A funding from Japanese financial services firm SBI Group.
Atom Bank announces £83m from BBVA with more on the way
UK challenger bank Atom Bank has raised a further £83m in equity capital. The round takes Atom’s total funding to £219m and values the Durham-based company at £261m.
Atom Bank grabs £113m more funding from BBVA and investors
Spanish banking giant BBVA is further increasing its stake in Durham, UK-based challenger bank Atom Bank as part of the company’s new £250m round.
