After a C series round worth $100 million, the French fintech startup earned a $1 billion valuation and unicorn status.
The funding round was led by Nexus Venture Partners and brought the startup’s total funding to $3.6 million.
According to Zopa, the funds will go towards meeting capital requirements for the bank’s balance sheet.
BioCatch, a leading behavioral biometrics company, unveiled a new piece of software designed to protect vulnerable segments of the population against fraud.
The New York-based digital wealth manager, Betterment, raised $160 million in funding.
Approximately 18% of all American investors rely on robo-advisors and other automated platforms to manage their finances.
Back in 2020, Varo became the first US neobank to get a national bank charter.
Global venture capital investment in fintech reached $52.3 billion in the first six months of 2021, hitting a record high.
