Deal News

German fintech Raisin raises €60m in Series E funding round 

German fintech firm Raisin has raised €60m in a Series E funding round from new and existing investors.  The round was led…

German lender OLB postpones IPO plans due to investors’ concerns

Germany-based private sector lender Oldenburgische Landesbank (OLB) has halted its initial public offering (IPO) plans, Bloomberg has reported citing undisclosed sources. …

Spanish fintech ID Finance raises €30m in funding

Spanish fintech company ID Finance has raised €30m in equity funding led by Kingsway Capital, a UK-based asset manager.  The deal includes…

Pacific Western Bank secures $1.4bn investment from ATLAS SP Partners

US-based Pacific Western Bank, a unit of PacWest Bancorp, has raised $1.4bn in cash from investment firm ATLAS SP Partners. The new senior…

Rakuten announces $880m IPO plans for banking business

Rakuten Group, a Japanese e-commerce company, has announced that its subsidiary Rakuten Bank has secured approval to list on the…

Fintech Kredivo raises $270m in Series D funding round

Southeast Asian fintech, Kredivo has raised nearly $270m in equity funding in a Series D funding round led by Mizuho…

UK money-saving fintech Snoop weighs sale of business 

UK-based money-saving fintech Snoop is weighing a sale after receiving multiple unsolicited takeover offers, reported SkyNews.  Snoop’s founder and former boss…

FinGoal raises funding to boost personalisation of banking services

US-based fintech FinGoal has raised new investment in a round led by Naples Technology Ventures to augment personalisation in banking industry. FinGoal…

Bluestone Group to sell UK mortgage business to Shawbrook

Bluestone Group has signed a deal to sell its UK mortgage lending and portfolio servicing operations Bluestone Mortgages to Shawbrook Group. …

Neobank Fin buys housing finance provider Thuthukani

African neobank Fin, formerly Finclusion has acquired Thuthukani Housing Finance as part of its expansion plans.  The financial terms of…