#British P2P lender #Zopa, which is working on restructuring its business into three categories for the launch of its challenger bank, is reportedly in talks on closing a £50m ($ 71.5 #million) funding round. According to Sky News, which first broke the news, this round will bring the #fintech’s total #valuation to £400 million ($ 569.20 million). […]
Bank Innovation
Image source # 6 on our #Fintech Predictions for 2016: The strange #inversion we saw in 2015, when private companies were valued higher (on paper at least) than public companies, will end in 2016. The headlines will refer to Unicorpses. This is happening now. It is happening in private unlessRead More
Bank Innovation
TechCrunch understands from a source close to the transaction that #FinLeap’s latest round gives the #company a post-money #valuation of €121 million (based on a €100 million pre-money valuation). Read More
London-based money movement startup #TransferWise announced it has received a further $ 26 million in funding to expand into the small business market. TransferWise’s #valuation now stands at $ 1.1 #billion, according to TechCrunch — so the birth of a #fintech unicorns is not a thing of the past. TransferWise allows users to sendRead More
Bank Innovation
After months of rumours, #TransferWise, the London headquartered #money #transfer startup and #fintech darling, has confirmed that it has raised a #further round of funding. Read More
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