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.
Oinky snuffles $1m for savings app
London-based automated savings app Oinky has raised $1m in seed funding from high-net-worth individuals across the finance and tech sectors.
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.
LIQID grabs €4.5m for asset management platform
Digital asset management firm LIQID has secured €4.5m in a new round of growth capital from Berliner Volksbank Ventures and existing backers.
Qapital pockets $12m for personal savings app
Swedish savings app Qapital has picked up $12m in a Series A round to further develop its personal finance platform From Stockholm, UK and US-based VCs.
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.
Monzo crowdfunding round rockets through $2.5m target
Digital challenger bank Monzo has blasted through its £2.5m crowdfunding target in less than four hours of opening pre-registration for the campaign.
