VC funding raised by FinTechs increased from $7.99 billion in April 2021 to $9.86 billion in May 2021, registering a 23.4% MoM growth. The number of deals rose from 295 in April 2021 to 311 in May 2021, registering a 5.4% growth.

The Americas led global FinTech VC funding in May 2021, accounting for ~62% of the funding value ($6.1 billion) and 47.5% of the number of deals (148). Europe placed second, with 23.4% of global FinTech VC funding by value ($2.31 billion) and 29% of the number of deals (93). Asia secured third place, accounting for 13% of the funding value ($1.28 billion) and ~19% of the number of deals (59).
CONTINUE READING
Venture Financing
 
  • Nubank, a Brazilian neobank, raised $750 million at a $30 billion valuation, including a $500 million stake from Berkshire Hathaway.
     
  • Klarna, a global buy-now-pay-later platform, raised $639 million at a $45.6 billion valuation.
     
  • Trulioo, an identity verification solution, raised a $394 million Series D at a $1.75 billion valuation.
     
  • Solana, a decentralized finance platform, raised $314 million in a token sale.​
CONTINUE READING
At MEDICI, we enable FinTech-at-Scale to create global economic impact.​
To make sure you keep getting these emails, please add insights@gomedici.com to your address book or whitelist us. 
Our postal address: MEDICI Global Inc. PO Box 473944, Charlotte, NC 28247
Stay in touch!

Linkedin    Facebook    Twitter