Fundings & Exits – TechCrunch 15 December 2017

Australia’s Airwallex raises $6M to grow its cross-border payment business

 Airwallex, an Australia-based fintech startup that helps banks and businesses handle cross-border transactions at scale, has closed a $6 million investment ahead of a planned Series B next year. The new funding comes from Square Peg — a VC firm located in Melbourne, the same city as Airwallex HQ — which joins Tencent, MasterCard, Gobi Ventures and Sequoia China as backers of… Read More

Read More →

Loot, the digital current account aimed at students and millennials, banks £2.2M Series A

 “There are two types of competition for us at Loot: the banks and the money management apps,” Loot founder Ollie Purdue tells me. The U.K. startup, founded in 2014 while now 24 year old Purdue was finishing up university, offers a digital-only current account aimed at students and millennials. Read More

Read More →
Calendar