This article is the Fintech Roundup newsletter, published by TechCrunch. The newsletter highlights various fintech-related news and trends in the industry.
Here are some of the key points from the newsletter:
- Fintech startup Pillar raises £13 million pre-seed funding: Pillar, a fintech startup founded by Revolut alumni, aims to provide immigrants with access to credit products when moving to a new country. The company claims its Open Banking-led data and analytics engine will be launched in Q3 of this year.
- NovoPayment raises $19 million Series A funding: NovoPayment, a fintech startup that helps immigrants get credit products, has raised a $19 million Series A round led by an institutional investor.
- Credit fintech startups address immigrant financing challenges: Several fintech startups like Yonder, Keebo, Tymit, and Pillar are attempting to address the problem of providing credit products to immigrants who often have no credit history in their new country.
Overall, the newsletter provides insights into the latest developments in the fintech industry, including funding rounds, product launches, and trends.