GV, formerly known as Google Ventures, took part in a $25 million funding round together with Sapphire Ventures, Anthemis and other investors.
BBVA, the Spanish banking giant, is going to invest $250m in Propel’s funds as a limited partner.
15 UK start-ups were selected for the 2016 Fintech Innovation Lab London, the fintech accelerator programme, from a leading global professional services company Accenture.
Nowadays, the Fintech industry is becoming huge. So, the number of Fintech companies with VC investments increased from 276 in 2010 to about 1,000 in 2015.
Rakuten launches the Rakuten FinTech Fund with the aim of empowering great entrepreneurs around the world.
Top 10 FinTech startups highlight how FinTech is developing at a rapid pace. The sector is one of the fastest growing businesses in Silicon Valley. It represents 7.2% of the U.S. GDP and unlike the established traditional players like banks and brokerages, marketplaces have the ability to be nimble and efficient.
Bitcoin Group eventually rounds off its IPO next month at the third attempt.
Venture capital investment in British businesses has raised $1.5 billion for only six months.
Santander and Monitise make a joint venture agreement with the aim of launching a fintech venture builder later this year.