EPISODE · Jul 14, 2022 · 4 MIN
Lightyear raised $25 million of funding in an investment round backed by Richard Branson
from Connecting the dots in FinTech... by Marcel van Oost · host Marcel van Oost
Sign up for my Daily Fintech or Daily Digital Banking Newsletters here. Check out my latest podcast episode below: Welcome to another episode of our Daily Fintech Podcast. This podcast episode is sponsored by Provenir. Provenir does more than help with your current tech challenges. They eliminate them. Designed and built to power agility, their cloud-native technology puts your team in control. Loved by Startups. Trusted by Decacorns. THE NEWS HIGHLIGHT OF THE DAY IS Lightyear, a European challenger to trading platform Robinhood, has raised $25 million of funding in an investment round backed by British billionaire Richard Branson. Silicon Valley’s Lightspeed Venture Partners led the deal, the company told CNBC exclusively — a rare vote of confidence for an upstart brokerage at a time when global stock markets are deep in the red. JUST IN: Starting in August, BUX clients will be able to invest fractionally in more of Europe’s most established companies. In collaboration with ABN AMRO Clearing, BUX released fractional investing in the DAX40 and MDAX. ALSO: French startup Qori has officially launched services, allowing Europeans to make payments in-store, remotely, or online with their bank or virtual currency wallets without being required to download a proprietary app. FURTHERMORE, Spain’s largest bank, Santander is going to hold an awards ceremony in the Decentraland metaverse on July 14 for its ‘Santander X Global Challenge | Blockchain,’ the bank said in the announcement on its website on July 7. LET’S HEAR ALL ABOUT MERGERS AND ACQUISITIONS: DOKU, an Indonesian electronic payment solutions provider, announced that it has acquired Malaysian online payment gateway senangPay for US$7.5 million by raising the funds needed from Apis Growth Fund II.
What this episode covers
Sign up for my Daily Fintech or Daily Digital Banking Newsletters here. Check out my latest podcast episode below: Welcome to another episode of our Daily Fintech Podcast. This podcast episode is sponsored by Provenir. Provenir does more than help with your current tech challenges. They eliminate them. Designed and built to power agility, their cloud-native technology puts your team in control. Loved by Startups. Trusted by Decacorns. THE NEWS HIGHLIGHT OF THE DAY IS Lightyear, a European challenger to trading platform Robinhood, has raised $25 million of funding in an investment round backed by British billionaire Richard Branson. Silicon Valley’s Lightspeed Venture Partners led the deal, the company told CNBC exclusively — a rare vote of confidence for an upstart brokerage at a time when global stock markets are deep in the red. JUST IN: Starting in August, BUX clients will be able to invest fractionally in more of Europe’s most established companies. In collaboration with ABN AMRO Clearing, BUX released fractional investing in the DAX40 and MDAX. ALSO: French startup Qori has officially launched services, allowing Europeans to make payments in-store, remotely, or online with their bank or virtual currency wallets without being required to download a proprietary app. FURTHERMORE, Spain’s largest bank, Santander is going to hold an awards ceremony in the Decentraland metaverse on July 14 for its ‘Santander X Global Challenge | Blockchain,’ the bank said in the announcement on its website on July 7. LET’S HEAR ALL ABOUT MERGERS AND ACQUISITIONS: DOKU, an Indonesian electronic payment solutions provider, announced that it has acquired Malaysian online payment gateway senangPay for US$7.5 million by raising the funds needed from Apis Growth Fund II.
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Lightyear raised $25 million of funding in an investment round backed by Richard Branson
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