F|T: The FinTech Times – Lucrative bets

Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from around the globe. If you want to read F|T before anyone else, make sure to subscribe using the form at the bottom of this page.


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BetaKit

Inside Planswell’s messy relaunch, three months after bankruptcy

Documents obtained by BetaKit trace a path from Planswell Holdings to a relaunch under Planswell Corp., a journey involving Planswell co-founders, Carrot Insights, and Optimity.


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Managing SaaS Metrics Throughout the Company Growth Life-cycle

Fast growth requires fast decisions made with the right information. But SaaS companies face more challenges. What if you could easily capture and instantly access the detailed metrics you need, right when you need them? What if these metrics shed light on the pitfalls and opportunities ahead, as well as the root causes of performance trends? Learn about the key metrics needed to fully understand organizational health and determine the best ways to optimize your business to scale.


TechCrunch

For investors, late-stage FinTech startups are a lucrative bet

Between two rounds at $500 million and two exits in the billions of dollars, financial technology and services startups have been on fire.


B-Social raises £7.8 million; enters final phase of applying for banking licence

London FinTech B-Social has completed a Seed 2 funding round of £7.8 million as it continues its push to become a fully-licensed bank.


How FinTech startups are disrupting the payments industry

They’re forcing a large, entrenched ecosystem to adapt.


BetaKit

mCloud Technologies, MediaValet, VersaPay among TSX 2020 Venture 50

TSX Venture Exchange (TSXV) has released the list of its top 50 performing companies, as part of its 2020 Venture 50 event.


TechCrunch

South African FinTech startup Jumo raises second $50M+ VC round

South African FinTech startup Jumo closed a $55 million round from a diverse group of investors, the company confirmed.


CoolBitX raises $16.7M to make crypto more bank-friendly

Asian companies are accelerating the crypto industry’s push to make exchanges work more like traditional banks.


Flywire becomes a unicorn with new investment from Goldman

The deal will add $120 million to the company’s coffers and push its valuation to more than $1 billion, the startup said.


TechCrunch

Revolut raises $500 million at a $5.5 billion valuation

TCV is leading the $500 million round, valuing the company at $5.5 billion. Over the past few years, Revolut has raised $836 million in total.


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Caitlin Hotchkiss

Caitlin Hotchkiss

Content coordinator, social media smartypants, wordsmith, Human Workflow™. Exists primarily on coffee, cat pictures, German dance metal, and pro wrestling. I will fight for your right to the Oxford comma.