Capital markets

The size of the financial commitments was not disclosed, but they add to a $425 million fundraising round that the data aggregator announced earlier this year.

Upgrade, a lending startup that counts former LendingClub executive Renaud Laplanche as a co-founder, raised $105 million in a funding round that values the company at more than $3.3 billion.

Industry experts weigh in on the future of wealth management.

Tech companies that help banks detect money laundering have raised hundreds of millions of dollars in recent months because of advances in their products. Observers suggest the vendors will have to diversify their offerings to survive in a crowded field.

The Rhode Island bank endured a sharp decline in fee income from home loans, which had spiked earlier in the pandemic. But CEO Bruce Van Saun says the company is well positioned as the refinancing boom fades and the home purchase market becomes more important.

The Minneapolis company recently advised a nonprofit on a $30 million issuance that will provide financing to developers building multifamily housing and community facilities. It includes a framework, which the bank intends to deploy again, for informing investors on how the money is being used.

Revolut raised $800 million from investors including SoftBank Group’s Vision Fund 2 and Tiger Global Management at a $33 billion valuation, the latest sign of investor demand for fintechs.

N26 GmbH is holding discussions with investors to raise several hundred million dollars in a fundraising that could value the German fintech at about $10 billion, according to people familiar with the matter.

The fintech company Wise rose in its debut following a direct listing on the London Stock Exchange, in the largest such deal ever, bolstering Brexit Britain’s capital-market hopes.

Dozens of digital tools are billed as democratizing finance. But a number of entrepreneurs still see massive gaps.

Deserve, a credit card technology startup, raised $50 million from backers including Mastercard and Ally Financial’s strategic investment arm, its chief executive said in an interview.

Upgrade, a lending startup that counts Banco Santander SA and SVB Financial Group’s Silicon Valley Bank as investors, is seeking to triple its valuation in a fresh funding round, according to a person with knowledge of the matter.

The cloud-based software vendor has completed a $10 million funding round through BlackFin Capital Partners and Picus Capital.

How technology is enabling new types of payment transmission and what this means for banking.

The company, which started in personal financial management, has grown quickly by helping consumers avoid overdraft fees and, more recently, adding a no-fee bank account. It's counting on a merger deal with a special-purpose acquisition company to fuel further growth.

Revolut is in the early stages of a fundraising round that could value the British company at $20 billion or more.

The Series B round, also led by Blockchain Capital, marks the first investment in the blockchain industry by Morgan Stanley's opportunistic investment arm.

Building a safer ecosystem: Why transparency, controls, and partnerships will drive next era of financial services.

Rapyd's new venture capital arm seeks companies that can develop or benefit from an international identity verification system.

The New Jersey bank has been informally funding startups for more than a year. Now it has established Cross River Digital Ventures, which will focus on backing fintechs the bank wants to work with or ones that it feels will benefit the broader industry.