Daily Fintech Newsletter | Feb. 13th, 2021
VC investment hit €14.1bn in the UK in 2020
Hi!
In case you missed it, please see below today's most relevant fintech news.
Overall, venture capital investment hit a record €14.1bn in the UK in 2020. But who were the most active UK angels in 2020? Given that many angels do not publicly disclose their deals, it’s far harder to track angel investments than VC investments. So, Sifted contacted dozens of prominent angels to find out how many startups they backed last year. Here's their list of the 13 most prolific angels in the UK in 2020. Link here.
Across Europe, dozens of the youngest minds are already learning the VC ropes at major firms. So who are the most exciting and youngest VCs to watch in Europe? Sifted has shortlisted 30 of the next big names in European VC, highlighting those aged 26 or younger. Link here.
Mastercard and CleverCards have signed a strategic partnership to expand the usage of digital cards across Europe. Link here.
TomoCredit, the US startup behind a credit card designed to help first-time borrowers build a credit history, has raised $7 million in a seed funding round joined by Barclays. Link here.
The Monetary Authority of Singapore (MAS), the country’s central bank, is reportedly “reviewing” its “regulatory approach” to buy now, pay later (BNPL) firms. Link here.
MoneyLion, America’s leading digital financial platform, to become publicly-traded via a merger with Fusion Acquisition Corp. Link here.
This ends my Daily Fintech Newsletter. Let me know if there are any questions or news/insights worth mentioning in the next newsletter. Until the next!
Regards,
Marcel van Oost
marcelvanoost.com
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