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Lunar appoints experienced fintech player Tim Brooke as chairman

Experienced international fintech player Tim Brooke Thom joins Nordic bank challenger Lunar as the new chairman of the Lunar Group board.

/startups

New Norfolk fintech cluster could be worth £100 million by 2027

The Norfolk FinTech Report 2024 – commissioned by Tech East and independently produced by Whitecap Consulting – forecasts Norfolk’s FinTech sector could be worth £100M by 2027, with the number of FinTech firms doubling within the next three years and forecast to create more than 600 new roles in the region.

/startups

Real estate financial technology company Backflip raises $15 million

Backflip, the all-in-one real estate and financial technology platform for real estate entrepreneurs, announced today its $15 million Series A led by FirstMark Capital, early investors in category-defining platforms Airbnb, Shopify, and Pinterest.

/startups

Fintech Scotland invites call for applicants to later life planning challenge

FinTech Scotland and Smart Data Foundry are collaborating to bring an industry-wide UK fintech innovation challenge to the market. This challenge seeks to inspire the development of inclusive financial services for consumers, empowering them on their journey towards a secure financial future.

/startups

Marketplace payment startup backed by BNP Paribas, 1Point6, signs first customer

1POINT6, formerly Panto, announces that it has obtained payment agent status and signed its first customer less than 6 months after its co-creation by BNP Paribas and Studio 321 (October 2023).

/startups

Mastercard enhances fintech programmes

Mastercard is enhancing the Engage program and Fintech Express platform, making it even easier for fintechs and enablers to partner with Mastercard1 to quickly build and deploy solutions globally.

/startups

Coffee shop payments startup Dripos raises $11 million

Dripos, a comprehensive software platform built specifically for coffee shops, is thrilled to announce its $11 million Series A funding round, led by Base10.

/startups

Conversational AI insurtech PeppercornAI raises £3.25m

Insurtech PeppercornAI has raised £3.25 million in its latest funding round. The funding, of which Wealth Club raised £1.9m, included high net worth investors, existing investors EHE Capital and Angels Invest Wales.

/startups

Retirement savings startup 401GO raises $12 million

401GO, the next-generation retirement plan provider for employers, advisors and individuals, today announced the successful completion of its $12 million Series A funding round, led by Next Frontier Capital. Additional investors include Rally Ventures, who joined existing investors Impression Ventures, and Stout Street Capital that participated in the new investment.

/startups

14Peaks closes $30 million fintech and future of work venture fund

Venture capital firm 14Peaks Capital has successfully closed its first fund at $30 million in capital commitments from an impressive consortium of limited partners (LPs), consisting of influential High Net Worth Individuals (HNIWs) and family offices spanning Europe and the United States.

/startups

Cairo-based fintech Bokra raises $4.6m

Bokra, a Cairo-based fintech, announces the successful closure of its $4.6mn pre-seed round led by DisrupTech Ventures, and SS Capital alongside other investors, setting it to revolutionize wealth management in the MENA region by being the first platform to offer goal-based investment and saving products through asset backed securities.

/startups

Team8 establishes roadmap for fintech in 2030

Team8, a leading global fund that builds and invests in companies playing a crucial role in the digital transformation of major sectors, released a new report on the future of fintech, titled “2030 and Beyond: An Unconventional Look at the Future of Fintech.”

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