Leading commission-free brokerage platform, Stake, has successfully raised US$30M from Tiger Global and partners of DST Global to fuel its expansion into new markets - including Europe - and broaden its product offering.

Venture Capital investment firm JPIN VCATS has completed a £1.5million raise to drive forward the development of the world's largest investment corridor between the the UK and India. The investment has come from a group of Super Angels, renowned Family Offices and Institutional Investors from the UK, India, Europe, Africa and the Middle East in a raise that spans a global ecosystem of investors. JPIN VCATS will look at backing growth to Series D rounds.  

ilumoni, the start-up app that aims to help people to borrow well, has raised £1.2m in an over-subscribed seed funding round after successfully launching in Beta earlier this year.  The purpose-led, AI-driven fintech had previously raised £455,000 in pre-seed funding, which saw the initial build of the first version of the app. The app went on to receive full FCA authorisation in January of 2021 and has already attracted its first beta users.

Money Alive, a regulatory technology business based in Bedford, is set for further growth following a £749,000 financial investment from Foresight Group using equity finance from the Midlands Engine Investment Fund (MEIF) as part of a £1 million funding round together with a number of private investors.

Committed Capital has sold its equity interest in Fairstone, the acquisitive full-service wealth management and chartered financial planning firm, to global private equity house TA Associates.

Financial Services Capital, the private equity investor dedicated to the European financial services sector, has completed $15 million in new financing for NYMBUS®, a leading provider of banking technology solutions, doubling its total investment in the company to more than $31m.

Finch Capital, through Nomu Pay, has reached an agreement to acquire Wirecard Payment entities in Hong Kong, Malaysia, Philippines and Thailand. 

Foresight Group, a leading private equity and infrastructure investment manager listed on the London Stock Exchange, has announced an equity investment into Beckett Investment Management Group Limited, a Chartered Financial Planner and leading regional provider of financial, wealth management and employee benefits advice to private clients and companies, primarily in East Anglia. This is the third investment from the Foresight East of England Fund, which targets investments in established, profitable SMEs in the East of England.

Ingenious has announced that Ingenious Real Estate Finance LLP has completed two new loans totalling £12.8 million to fund new residential development projects in North Devon and the Cotswolds.

Circularity Capital LLP has announced a follow-on investment in consumer technology subscriptions expert Grover. Coming as part of the company’s €60m Series B funding round, the commitment will support Grover in its ambitions of tripling subscriptions before the end of the year and driving an industry shift toward a more circular approach to consumer electronics.

One Utility Bill - the Newcastle-based business which simplifies the utilities experience for consumers, landlords and letting agents - has raised a further £1.6m in its second fundraise within a year. The follow-on investment round was led by incumbent investors DSW Ventures, the venture capital business of the Dow Schofield Watts group, alongside the North East Innovation Fund, supported by the European Regional Development Fund and managed by Northstar Ventures.

Butter, the London based fintech platform that started life as the UK’s first Buy Now Pay Later (BNPL) travel agency, has just closed a £15.8m funding round to accelerate the rollout of its responsible open-banking based BNPL shopping app.