Funding Circle hits £1 billion in loans to British businesses
Neil S W Murray caught up with Sebastian Siemiatkowski, a founder and the CEO of fintech ‘EUnicorn’ Klarna, at the recent TechCrunch Disrupt conference in London.
Zopa, the UK-based peer-to-peer money lender, is working with JPMorgan Chase & Co. to raise £70 million ($106 million) in a financing round that could value the company at more than £500 million (just south of $760 million) once completed, Sky News reported today. Founded over a decade ago, the London-based fintech company is currently […]
Lemonade, a NYC-headquartered peer-to-peer insurance startup founded by Israeli entrepreneurs Daniel Schreiber (formerly the president of Powermat) and Shai Wininger (a co-founder of Fiverr), has raised $13 million in a first (!) round of funding. The capital comes from Tel Aviv-based Aleph, which was co-founded by former Benchmark Capital partner Michael Eisenberg, and Sequoia Capital. […]
While in Helsinki recently for the Slush conference, I ended up at the launch party of a Finnish fintech startup called MONI, which is working on a ‘smart payment service’. What was remarkable about the event, apart from the fact that it was held on a sauna boat, was that the company in question announced […]
UL, a US-based safety science company has acquired Dublin, Ireland-based and privately-held Acquirer Systems, which specialises in testing software and tools for validation of complex payment environments. Basically, Acquirer helps issuers, acquirers, merchants and switch operators to get their products to the market faster, at lower cost. Customers include Bank of America, Discover, American Express […]