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…
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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…