Global FinTech Funding Roundup 19th June

Global FinTech Funding Roundup 19th June

Global FinTech Funding Roundup 19th June

This week in funding: all across the funding landscape we saw interesting deals taking place – with credit and security providers taking home the highest amounts – and in interesting turn for former investor darling neobank Monzo – who settled for 60 million GBP – which is still a good investment, but 40% less than they aspired to bring in. Take a look at these and more rounds in our funding roundup below!

 

  1. Pagaya takes home $102 Million (~€90M)

Tel Aviv and New York-based fintech startup Pagaya Investment Israel Ltd. has raised $102 million in a series D funding round, the company announced Wednesday.

 – The round was led by Aflac Global Ventures, Poalim Capital Markets, Viola, Oak HC/FT, former Chairman and CEO of American Express Harvey Golub, Clal Insurance Ltd., GF Investments, and Siam Commercial Bank

– Product website here

 

2. Monzo takes 40% round discount to close at 60 million GBP (~€66M)

UK challenger Monzo has sealed a £60 million funding round at a valuation of £1.25 billion – a 40% discount on its previous sky high pricetag of £2 billion.

 – The round was led by Swiss fund Reference Capital and Vanderbilt University alongside existing investors Y Combinator, Accel, Thrive Capital, and Passion Capital.

– Product website here

 

3. Upgrade’s Series D nets $40 million USD (~€35M)

Upgrade, a credit-focused fintech startup, announced that it has raised a $40 million Series D round that the company says gives it a $1 billion valuation.

 – Funders: N/A

– Product website here

 

4. Salt Security raises $20 Million USD in Series A (~€18M)

Salt Security, a startup that helps companies protect APIs, announced that it has closed a $20 million Series A. The Palo Alto-based company secured the new funds from Tenaya Capital, bringing its total capital raised to around $30 million.

 – The round was led by Tenaya Capital

– Product website here

 

5. TransferGo nets $10 Million (~€9M)

London-based remittance outfit TransferGo has raised $10 million in a funding round led by Seventure and Vostok Emerging Finance, according to TechCrunch.

 – The round was led by Seventure and Vostok Emerging Finance

– Product website here

 

6. Dovly secures $2 million in Seed Funding (~€1.8M)

Dovly, a consumer-focused credit improvement company, today announced it raised $2 million in seed funding. 

 – The round was led by NFX

– Product website here

Featured
This infographic gives an overview of how the different sectors within the ecosystem are positioned in the financial services value chain.
Widening the scope across borders this new production will not only include the Dutch fintech scene but highlight developments on a European level as well.

This website uses cookies to ensure you get the best experience on our website.
To learn more, read our privacy policy.

X
X
X