Retail investing platform Wombat has secured £4mn investment in its Series A round.
In Brief:
Wombat is a micro investing platform which enables consumers to invest in themed funds based on their interests.
The round was led by Fuel Ventures which has been an investor since 2020.
It also included a crowdfunding campaign.
What does this mean?
Wombat plans to use the funding for international expansion, and plans to look to the European market first.
The decision, reportedly under discussion with the UK government, aligns with the UK’s efforts to attract global tech firms
These technologies enable financial institutions to analyze vast amounts of transaction data in real-time, identify suspicious activities, and minimize false positives...
The collaboration is set to strengthen digital wallet payments and secure card data access capabilities for fintechs
Atome plans to use the funds to strengthen its technological capabilities and grow its market presence, particularly among underserved, young consumers...
Funding round could push Moove’s market value to $750mn In brief:- ...
Simetrik is a financial automation platform based in Colombia. In brief:- ...
Pontera, formerly known as FeeX, has successfully secured $60 million ...
Fund II represents a 15% increase in funds and a ...
How investment vehicles are revolutionising private markets and bridging the gap in democratisation...
William Edwards Deming once famously said, “It is not necessary to change. Survival isn’t mandatory....
FT Partners’ FinTech Insights Reports are published on a quarterly basis, along with a comprehensive...
In the first half of 2022 total capital invested in FinTech globally reached $59bn – flat year-on-ye...
There are no Events in this category