London-based digital bank Allica, which caters to over 30K SMBs across the UK, raised a $155M Series D from Ventura Capital and others at a $1.2B valuation
The funding comes from Ventura Capital, GLG, Sona AM and existing investors TCV and Blue Owl — Allica Bank has become Europe's newest unicorn …
Mexico City-based digital bank Klar raised a $190M Series C led by General Atlantic, including $170M in equity and $20M in debt, valuing the startup at $800M+
Bloomberg :
UK digital bank Monzo raised $430M led by Alphabet's CapitalG at a $5B valuation, up from $4.5B in December 2021, and plans to use funds to expand in the US
London-based digital bank raised $430mn from investors including CapitalG and HongShan — Monzo has secured a fresh round …
UK digital bank Monzo launches Investments, letting users invest as little as £1 in some BlackRock-managed funds, its first foray into the investment market
Ryan Browne / CNBC :
Mexico City-based digital bank Klar raises $70M led by General Atlantic at a $500M valuation, following a $70M Series B in July 2021
Mary Ann Azevedo / TechCrunch :
Sweden-based digital bank Northmill raises $30M led by M2 Asset Management
Northmill Bank, the Sweden-based challenger that has around 200,000 customers across three European countries, has raised around $30 million in new funding. — Leading the round is M2 Asset Managemen...
Calgary-based digital bank Neo Financials raises a total of $50M CAD, including a $25M CAD Series A led by Peter Thiel-backed Valar Ventures
Meagan Simpson / BetaKit :
Singapore issues digital bank licenses to Ant Group, Sea, and joint bidders Singtel and Grab, with operations likely to start in early 2022
not keeping with the hype, MAS sneaked out the results this Friday evening Grab, Sea & Ant were strongly tipped and have been successful https://www.mas.gov.sg/... https://twitter.com/...
Singapore issues digital bank licenses to Ant Group, Sea, and joint bidders Singtel and Grab, with operations likely to start in early 2022
Alibaba's Ant Group and joint bidders Grab and Singtel are amongst bidders that have snagged licences to offer digital banking services in the country …
NorthOne, a New York-based digital bank that provides a banking app for small businesses, announces a $21M Series A raise led by Battery Ventures
Mary Ann Azevedo / Crunchbase News :