London startup Unmortgage has just closed a £10 million (just over $13 million USD) seed round as it prepares to launch its “part-own, part-rent” platform next year. “Unmortgage enables everyone to live in the home they want to; that’s our mission,” said Unmortgage Co-founder and...
London-based money transfer firm TransferWise has revealed that has been profitable for the second year in a row. One of Europe’s largest FinTech startups, TransferWise reported an annual post-tax net profit of £6.2 million ($8 million USD) for the fiscal year ending March 2018, according to CNBC....
Atrium, the startup that digitizes legal documents, announced on Monday (Sept. 10) that it has raised $65 million in venture funding. In a blog post, Atrium Chief Executive Justin Kan said the round of funding was led by Andreessen Horowitz. Other investors to participate in...
Nigerian digital payments startup Paga has received $10 million in funding as it prepares to expand into other countries. CEO Tayo Oviosu announced at Disrupt San Francisco, according to reports, that the company is planning to release its payments product in Ethiopia, Mexico and the Philippines as it...
Monese, the U.K. bank challenger, announced on Wednesday (Sept. 6) that it has secured $60 million in venture funding. According to a company blog post, Monese said the funding will be used to continue to develop the next generation of its mobile banking service and...
Japan’s LINE Corporation is raising around 148.1 billion yen ($1.33 billion) through convertible bonds so it can expand into the financial services (FinServ) business. LINE, the owner of Japan’s most popular messaging service, said on Tuesday (Sept. 4) that it will issue zero coupon convertible...
The Securities and Exchange Commission (SEC) wants to allow individuals to invest in private companies, including in-demand startups. SEC Chairman Jay Clayton said the commission also would like to give individuals the chance to invest in companies that aren’t public, including firms like Uber and Airbnb...
Grab announced that it plans to invest $250 million in Indonesian startups over the next three years through its new innovation arm. Earlier this month, the Singapore-based firm revealed that it had raised $2 billion in funding in recent months, and added in the announcement that...
Paystack, the Nigerian payments company, announced on Tuesday (Aug. 28) that it raised $8 million in a Series A round. According to a report in Quartz, citing the company, the round of funding comes less than two years after it landed $1.3 million in seed financing. The...
