Silicon Canals
TRENDING
  • Mobility
  • AI
  • FinTech
  • Software & SaaS
No Result
View All Result
  • Home
  • News
    • COVID-19
    • Startups
    • Scaleups
    • FinTech
    • AI and chatbots
    • Travel & Mobility
    • Software & SaaS
    • Health & Medtech
    • (Crowd)funding
    • Blockchain
    • Internet of things
    • Hardware
    • Accelerators
    • E-commerce
    • Cybersecurity
    • Gaming & Virtual Reality
    • Drones
  • Features
    • Promoted content
    • How-to
    • Knowledge & Insights
    • Guest Contributions
    • Scaling-up in Europe
  • Amsterdampartner
  • Events
  • Newsletter
  • Jobs
  • About
    • Partner with Silicon Canals
    • Team
    • Contact
  • Home
  • News
    • COVID-19
    • Startups
    • Scaleups
    • FinTech
    • AI and chatbots
    • Travel & Mobility
    • Software & SaaS
    • Health & Medtech
    • (Crowd)funding
    • Blockchain
    • Internet of things
    • Hardware
    • Accelerators
    • E-commerce
    • Cybersecurity
    • Gaming & Virtual Reality
    • Drones
  • Features
    • Promoted content
    • How-to
    • Knowledge & Insights
    • Guest Contributions
    • Scaling-up in Europe
  • Amsterdampartner
  • Events
  • Newsletter
  • Jobs
  • About
    • Partner with Silicon Canals
    • Team
    • Contact
No Result
View All Result
Silicon Canals
No Result
View All Result

6 most funded London fintech startups to watch out for in 2019

Editorial team by Editorial team
January 22, 2019
in News, (Crowd)funding, FinTech, Startups
0
6 most funded London fintech startups to watch out for in 2019
26
SHARES
LinkedInTwitterWhatsAppFacebook

Fintech is one of the sectors that continues to grow and innovate across the world. When it comes to the most promising fintech startups in the world, UK is progressing to become a hub. It’s because it is home to billion-dollar companies and challenging financial institutions. It won’t be an exaggeration to say that the fintech industry in London is enjoying its moment in the sun.

While we know that there are many fintech startups in London, these companies have their own plans for 2019 to make them remarkable in the industry. And, here we list 6 promising London fintech startups that received the maximum funding in 2018.

 - Partner content -
Cost of software - The Software house
The cost of building software
Marek Gajda, CTO of The Software House, shares his insights on building high-quality...Show More
Marek Gajda, CTO of The Software House, shares his insights on building high-quality software. Show Less
Read more

#1 Revolut (Funding – $250 million)

Revolut was founded in 2015 by Nikolay Storonsky and Vlad Yatsenko. The fintech firm raised a series C funding of $250 million in April 2018 led by a slew of investors such as Draper Esprit, Index Ventures, Lakestar, Global Founders Capital, Baring Vostok, DST Global, Ribbit Capital and Sprints Capital Management. Notably, this takes its overall funding to €309 million.

Revolut offers a world beyond banking. It offers free international money transfers and free global spending sans any fee at the interbank exchange rate. It is a banking alternative for a global lifestyle.

#2 Greensill (Funding – $250 million)

Greensill was founded in 2011 by Lex Greensill and Jason Austin. It received a funding of $250 million from private-equity firm General Atlantic in July 2018. With this funding, it has become a $1 billion-plus unicorn in the country.

Greensill is a supply chain financing company based in Queensland. It provides working capital financing to the companies across the world.

#3 Monzo (Funding – £85 million)

Monzo was founded by Jason Bates, Tom Blomfield, Paul Rippon, Jonas Huckestein and Gary Dolman in 2015. This company raised £85 million funding in a series E funding led by Accel Partners, Passion Capital, General Catalyst Partners, Thrive Capital, Orange Digital Ventures, Stripe and Goodwater Capital.

Formerly known as Mondo, it is a mobile-only digital bank. It focuses on building the best current account and works with a range of providers. It is considered an intelligent hub for the financial life of the users.

#4 OakNorth Bank (Funding – $100 million)

This fintech startup was founded by Rishi Khosla and Joel Perlman in 2013, OakNorth was created to help the growth of businesses in the UK. It also lets entrepreneurs reach their potential by offering bespoke debt finance solutions.

In 2018, this company raised $100 million via a series B funding round from NIBC Capital Partners, EDBI, The Clermont Group and Coltrane Asset Management. With this, the overall funding becomes €383 million.

#5 Zopa (Funding – £60 million)

Founded by James Alexander, Richard Duvall and Tim Parlett in 2005, Zopa received funding of £60 million in a Series F funding round from Augmentum Capital, Bessemer Venture Partners, Northzone and Wadhawan Global Capital. The overall funding of this fintech firm accounts to €150 million.

It is the first ever peer-to-peer lending company to provide users access to better-value loans and investments. It has helped customers borrow money without any stress.

#6 Ezbob (Funding – £15 million)

Ezbob was founded by Tomer Guriel in 2011. In January last year, this company raised an investment of £15 million from Global Fintech Solutions resulting in overall funding of €50.1 million. It was launched with the intention to build a team of technology experts with the goal of transforming the way the financial institutions lend to consumers and SMEs. It has invested in thousands of businesses in the UK since its advent. Also, it has won awards and showcased its technology at many events.

Stay tuned to Silicon Canals for more updates in the tech startup world.

Did you know you can post your job for free on our job board? If you require extra promotion, reach out to [email protected] for a discounted offer.

close

Want to stay on top of the latest rounds, coolest tech and hottest startups?

Subscribe to our free, daily news blast and stay up-to-date!

Check your inbox or spam folder to confirm your subscription.

 - Partner content -
Hiring during COVID Intrinsic Search
Hiring SaaS sales executives
Check out the do's and don'ts while hiring SaaS sales executives
Check out the do's and don'ts while hiring SaaS sales executives Show Less
Read more
Tags: FinTechfundinglondonstartups
Share2Tweet7SendShare10

Partner content | Work with us

Future of coding: CTOs discuss low-code versus custom code software development for their business

Why now is the perfect time to start hiring for 2021

SaaS sales in 2021: 9 predictions from an industry expert

Diversity in hiring for SaaS: the often overlooked topic of ageism

Boost your scale-up’s growth by outsourcing to these top Eastern European software development companies

Subscribe to our daily newsletter

Check your inbox or spam folder to confirm your subscription.

Breaking news from Amsterdam | Partner

Amsterdam-based Media Distillery uses AI to understand what’s inside video; secures €3M

These powerhouse female VCs are funding Amsterdam’s most innovative and diverse startups

Amsterdam-based WeTransfer reportedly planning a stock market flotation

Amsterdam-based Peak Capital’s portfolio firm Flinders acquired by Nine United; VC firm’s first exit of 2021

Advertisement

Trending

11 AI leaders from Amsterdam to watch in 2021
AI and chatbots

11 AI leaders from Amsterdam to watch in 2021

January 7, 2021
Adobe flash
News

Adobe pulls the plug on Flash, but here’s how you can still play some iconic Adobe Flash games

January 4, 2021
eva de mol female vcs
Amsterdam

These powerhouse female VCs are funding Amsterdam’s most innovative and diverse startups

January 6, 2021
  • About Silicon Canals
  • Partner with Silicon Canals
  • Contact us
  • Newsletter
  • Disclaimer
  • Privacy policy
  • Terms & Conditions Silicon Canals

Silicon Canals 2014-2020 | Website: Bright Idiots

No Result
View All Result
  • Home
  • News
    • COVID-19
    • Startups
    • Scaleups
    • FinTech
    • AI and chatbots
    • Travel & Mobility
    • Software & SaaS
    • Health & Medtech
    • (Crowd)funding
    • Blockchain
    • Internet of things
    • Hardware
    • Accelerators
    • E-commerce
    • Cybersecurity
    • Gaming & Virtual Reality
    • Drones
  • Features
    • Promoted content
    • How-to
    • Knowledge & Insights
    • Guest Contributions
    • Scaling-up in Europe
  • Amsterdam
  • Events
  • Newsletter
  • Jobs
  • About
    • Partner with Silicon Canals
    • Team
    • Contact

Silicon Canals 2014-2020 | Website: Bright Idiots

X

This website uses cookies to ensure the best possible experience. We may share this information with our advertising and analytics partners. By clicking 'Accept', you agree to our use of cookies and similar technologies. More info