This Week in Fintech (12/26)

Hello Fintech Friends,

I hope you’ll join us at Sundance in Park City for our January 27th meetup.

And, I may be doing it wrong, but I can assure you… this does not apply to me:

If you are making six figures as a fintech influencer… uh… send some tips?

Please find another week of fintech financings and exits below.

Editor’s Note: If you’re an early-stage startup founder raising equity or debt, we may be able to help - please see our primer for more details and reach out to nik@thisweekinfintech.com.

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💼 Open Role Spotlight

Conduit, which enables companies to launch crypto-backed products for their customers in days, not months, with one API for DeFi, is hiring a Business Development Lead for LatAm.

Come find your place on the team at the most inspiring fintech startups! Browse open roles on This Week in Fintech’s job board.

💸 Venture Financing

Razorpay, an Indian online payments platform, raised a $375 million Series F at a $7 billion valuation.
MoMo, a Vietnamese digital wallet and payment app, raised $200 million at a $2 billion valuation.
Addi, a Colombian buy-now-pay-later builder, raised $80 million at a $700 million valuation (and also secured $125 million in debt financing).
Uni, an Indian provider of pay-later cards, raised a $70 million Series A.
Taptap Send, a cross-border payments provider to underserved markets, raised $65 million.
Juspay, an Indian payments firm, raised $60 million.
Ampla, a revenue-based financing provider to consumer-facing commerce brands, raised a $40 million Series A.
Proxymity, a digital investor communications platform, raised a $31 million Series B.
Ant Money, a micro-income startup from the Acorns founder, raised $20 million across a seed round and Series A.
Carats & Cake, a point-of-sale financing solution for venues and property groups, raised $19.3 million.
Conta Simples, a Brazilian Brex competitor, raised a R$121.4 million ($21 million) Series A.
Bureau, a secure transaction and ID verification vendor to emerging markets, raised a $12 million Series A.
SimpliFi, a MENA card issuing platform, raised $5.1 million.
LiveFlow, a real-time accounting data startup, raised a $3.5 million seed round.
Credix, a decentralized credit marketplace, raised a $2.5 million seed round.
nr2, an AngelList equivalent for South Korea and China, raised funding.

💵 Debt Financing

UK business lender Simply secured a £300 million debt facility from the British Business Bank.
Spanish consumer lending app Ibancar raised a €10 million credit facility.

☯️ Exits

🤝 M&A - Fintech

Private equity firm Thoma Bravo acquired business payments technology provider Bottomline for $2.6 billion in cash.
Australian shareholder registry Link Administration may have finally found a buyer in Canadian software firm Dye & Durham, which offered $2.48 billion.
Publicly-listed mortgage provider Rocket Companies agreed to acquire personal financial management app Truebill and its 2.5 million users for $1.275 billion in an all-cash deal.
Money transfer firm OFX Group acquired Canadian forex provider Firma Foreign Exchange.
UK PFM Monese acquired freelancer banking app Trezeo.
Mastercard acquired Dynamic Yield, a personalization engine, from McDonald’s.
Wealth management platform FNZ sold financial technology provider GBST to Anchorage Capital.
Investment management software SS&C Technologies Holdings took a stake in both Equiniti and American Stock Transfer & Trust Company.
Visa finalized its acquisition of CurrencyCloud.

🏦 M&A - Bank and FinServ

Canada’s BMO Financial Group announced that it will acquire California’s Bank of the West from European bank BNP Paribas for $16.3 billion
Financial services provider Athene acquired property lender Petros PACE Finance.
Private equity group BCB Group is acquiring Germany’s Sutor Bank.