Latest Start ups News: Finextra Research

Abrdn scraps deal to acquire Exo Investing; invests in parent company Nucoro

Investment manager Abrdn has pulled out of a deal to acquire the digital wealth management arm of fintech Nucoro and has instead agreed to an undisclosed investment in the wealthtech.

07 June 2022

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Fung raises $2.7m to unify crypto and fiat payment rails

Dutch startup Fung has raised $2.7 million in pre-seed funding for its mission of unifying crypto and fiat payment rails.

06 June 2022

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Trovata eyes UK and EU launch on $27 million funding round

Trovata, a US startup specialising in automating cash reporting and forecasting through wholesale, multi-bank API data aggregation, is set to open for business in the UK on the back of a $27 million funding round.

06 June 2022

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Ant launches Singapore digital bank

Chinese fintech giant Ant Group has launched its Singapore digital wholesale bank, Anext.

06 June 2022

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NAB Ventures invests in Archistar

National Australia Bank has led an $11 million funding round in property intelligence platform Archistar.

06 June 2022

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Trade Republic raises €250m

German neobroker Trade Republic has topped up its Series C funding round with an extra €250 million at a €5 billion valuation.

03 June 2022

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EBAday 2022: Otoma scoops Fintech Zone prize

After two days of live pitches from 16 cutting-edge fintech startups from across Europe and beyond, Otoma has been announced the 2022 EBAday Fintech Zone winner.

01 June 2022

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Citi invests in document management spin out Arteria AI

Arteria AI, a document and contract management spin out from Deloitte, has received investments from the strategic investing arm of Citi's Global Spread Products division, and Canada's BDC Capital.

01 June 2022

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EBAday 2022: 71% believe the future of payments is yet to come

After two years as a virtual conference, EBAday 2022 is back in person for its seventeenth year in Vienna, Austria. The EBA and Finextra Research welcomed a host of board directors, chief executive officers, and payments and technology heads from Europe's leading banks, as well as selected fintechs to the conference.

31 May 2022

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UK neobank Kroo raises £26 million

Newly authorised mobile-only UK bank Kroo has raised £26 million to grow its team and expand its product offerings.

31 May 2022

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German digital bank Nuri to lay off 20% of staff

German crypto-focused digital bank Nuri is the latest to feel the chill winds of change in fintech markets, announcing plans to lay off 20% of its workforce in a drive to reach profitability.

31 May 2022

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Visa invests in CO2 tracker ecolytiq

Sustainable finance provider ecolytiq has secured a €13.5 million financing round led by Visa and other blue chip investors.

30 May 2022

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