HR and payroll platform Namely adds $50m to Series D round
SaaS HR firm Namely is adding another $50m to its Series D bringing the round’s total to $80m. The investment was led by Altimeter Capital and Scale Venture Partners.
Corlytics picks up €2.1m to help banks avoid fines
Irish financial risk intelligence company Corlytics has picked up €2.1m in a new round led by the Bank of Ireland Capital Growth Fund, which is managed by Kernel Capital.
Funding Circle gets an extra £40m from UK gov to lend
UK peer-to-peer lender Funding Circle is expanding its partnership with the government-run British Business Bank Investments and receiving £40m to lend to small businesses.
FinTech Collective seeks $100m for second fund
New York-based venture capital firm FinTech Collective aims to raise $100m for its second FinTech-dedicated fund.
BitPagos rebrands to Ripio on back of $2.3m round
Argentinian bitcoin startup BitPagos has raised $2.3m in a Series A round led by recently-established Chinese blockchain fund Huiyin Blockchain Venture (HBV).
Chinese consortium launches $1.5bn FinTech M&A fund
A Chinese consortium of state-owned and private enterprises is launching a $1.44bn fintech investment fund dedicate to mergers and acquisitions in the space.
House of Fraser to back Tandem with £35m
Challenger bank Tandem is set to receive a £35m investment form UK department store firm House of Fraser.
Monese grabs $10m to help migrants open bank accounts
London-based mobile banking startup aimed at migrants Monese has picked up $10m in a Series A round.
Tiger Brokers snaps up $29m for online trading platform
Chinese online brokerage Tiger Brokers has picked up $29m in a Series B round from Citic GoldStone Fund Management and Huagai Capital.
Kapilendo pockets €7m for crowdfunding platform
German crowdfunding platform Kapilendo has raised €7m in a Series B round of funding led by the pension fund for the Berlin Chamber of Dentists.
