Payments firm Currencycloud announces £20 million Series D round

Payments platform Currencycloud has raised £20 million in Series D funding from GV (the former Google Ventures) with participation from Notion Capital, Sapphire Ventures, Rakuten FinTech Fund, and Anthemis. The London-based company’s API facilitates cross border payments with customers including Klarna and Travelex. According to the company, $25 billion has been sent through its infrastructure. […]

UK-based Atom Bank raises £83 million

UK-based Atom Bank, an app-based bank, has raised £83 million. The investment came from the Spanish bank BBVA, Toscafund, and Neil Woodford. BBVA now holds a 29.5 percent stake in the company. The financial times reports that the startup has now raised a total of £219 million to date.

Swedish fintech startup Qapital raises $12 million to help people save better

Sweden’s Qapital has raised $12 million in a Series A round from Industrifonden, Northzone, Rocketship VC and Anthemis Exponential Ventures. The personal finance app plans to invest the funds into further development of the platform, which creates goals for the user linked to everyday activities to help them save better. The startup targets its services […]

UK payments firm RMS acquired by venture capital firm TCV

UK payments company Retail Merchant Services (RMS) has been acquired by Palo Alto VC firm Technology Crossover Ventures (TCV) for an undisclosed amount. TCV funded the deal via its $2.5 billion growth fund. As part of the deal RMS’ shareholders re-invested in the company as well and TCV general partner John Rosenberg has joined its […]