Categories
Funding History
$116m
Round Size Investors Date
US$26m Andreessen Horowitz, Valar Ventures 26 May 2016
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Latest Editorial55

Banking Beyond The Hype - Fintech Investment Levels Off

Fintech continues to be one of the most exciting and well-funded spaces in tech. Potentially huge profits are attracting startups and investors to take on banks and major financial institutions. From currency conversions to lending there’s a whole...

Read More28 Oct 16
Fintech Firms Need To Offer More Services

Say what you will about banks, but they do offer a huge range of services. However, many in fintech are betting they can beat them by peeling off such a service and offering a better version. Money transfer unicorn TransferWise is one of the more vocal...

Read More08 Jun 16
INTERVIEW: “Most-broken part of financial services is retail banking” – Azimo And Tandem Founder Michael Kent

Having previously founded remittance service Small World FS, Michael Kent decided to bring digital to the centre of financial services, launching money transfer startup Azimo and, more recently, challenger bank Tandem. Here he talks about how financial...

Read More31 May 16
3 Areas Where Fintech Is Fighting For The Little Guy

TransferWise is back in the news after raising GBP17.7m (USD26m), with a USD1.1bn valuation and a new focus on bringing its cheap currency conversion tool to small businesses. The currency converter unicorn claims small businesses are all too often...

Read More26 May 16
TransferWise Receives USD26m For P2P Money Transfer

TransferWise, a P2P money transfer platform, has received USD26m in funding round from an angel investor, along with existing investors Andreessen Horowitz, Valar Ventures, and others. 

Read More26 May 16
Fintech Should Mean More Transparency And Lower Fees

Free banking is a myth. All companies need to make money and all too often in finance this involves hidden charges. To succeed, fintech startups need to use technology to lower costs and be transparent about fees. Take Tally. The San Francisco-based...

Read More20 May 16
Challenger Banks Need To Move Quickly To Succeed

Building a bank from scratch is hard. Yet this is exactly what the challenger banks are trying to do. Tandem is one of several based in the UK and it’s just raised GBP22m (USD32m) at a GBP65m (USD94m) valuation. Investors included eBay founder Pierre...

Read More13 May 16
Lending Club CEO Resigns & Facebook Denies Censorship Accusations

From the resignation of Lending Club CEO Renaud Laplance to Facebook's censorship argument, here are today's top stories in tech.  1. Lending Club CEO Resigns Renaud Laplanche, the founder and CEO of online lender Lending Club, has resigned following...

Read More10 May 16
INTERVIEW: Small World CEO On Incumbents' Ongoing Remittance Domination

The remittance space is one in which tech startups are making a lot of disruptive noise and attracting funding and big valuations. However, 90% of the market is still physical and the legacy players are adapting and coming to dominate the digital space...

Read More10 May 16
Forget Startup Hype – Incumbents Are Adapting In Remittance

TransferWise’s USD1bn valuation, Andreessen Horowitz backing and aggressive advertising campaigns highlight how much startups are targeting international money transfer as an industry ripe for disruption. However, despite the noise generated by...

Read More04 May 16
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Live Global News 869

Facebook Messenger gets a bot that can help send your money across the world
Read More21 Feb 17 LA Times - Technology News
TransferWise lands $26m in round led by Baillie Gifford
Read More25 May 16 Tech City News
TransferWise just raised $26 million
Read More25 May 16 Business Insider - Tech
TransferWise just raised a new $26 million investment
Read More25 May 16 Business Insider - Tech
Money transfer company TransferWise raises further $26M at $1.1B valuation
Read More25 May 16 TechCrunch
Financial Tech Startups Compete for U.S. Immigrant Market
Read More24 May 16 Entrepreneur
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