Daily Fintech Newsletter | February 3rd, 2021
Robinhood has raised $3.4 billion to continue to invest in record customer growth.
Hi!
In case you missed it, please see below today's most relevant fintech news.
Robinhood has raised $3.4 billion to continue to invest in record customer growth, including $1 billion in funding announced on January 29. We will also continue to invest in expanding access to financial literacy in service of our mission to democratize finance for all. We look forward to sharing more details in the coming months. The round was led by Ribbit Capital, with participation from existing investors including ICONIQ, Andreessen Horowitz, Sequoia, Index Ventures, and NEA with terms being finalized. Link here.
With a new year and a new month, there’s a brand new Fundraising Rap Up from Lewis, aka Ape Diagnosis. He breaks down January’s Fintech fundraising news in little word chunks for you to feast on! From Nayms to Udaan, he’s got it covered so dig right in. Link here.
One of the 'Trends to Watch' during the upcoming decade in Banking is going to be how 'Open Banking' unravels in Brazil. The potential for disruption in the FinTech Digital Banking space is going to be without precedent. Link here.
Monevo, Europe’s largest personal credit platform & API, announced the appointment of Lee Stretton as Chief Innovation Officer. Based at Monevo’s headquarters in Cheshire, Lee will be responsible for overseeing product, data, and technology for Monevo as well as working closely with the Monevo Territory Directors on overall strategy. 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
My weekly newsletter
Sign up for my Weekly Digital Banking newsletter on Substack here.
My free daily newsletters
Sign up for my Daily Digital Banking newsletter here.
Co-invest alongside me in the most promising FinTech startups
Join our Angel Investors Syndicate. Link here.
Looking for funding?
If you are a startup looking for funding, sign up here.
Join our group
Do you have and use Telegram? Join our group and get the latest changes to the Fintech industry as they are happening.
Sign up to get my updates first!