Investments (#)
Investments (USD)
Transactions
Recent transactions in the sector
| Company | Country | Funding round | Date | |
|---|---|---|---|---|
|
Goodstack Corporate giving platform. |
United States | Series A GBP 22,000,000 (USD 28,000,000) |
18 Nov 2024 |
|
Recognise Bank Ltd Digital bank for small and medium enterprises (SMEs). |
United Kingdom | N/A GBP 25,000,000 (USD 32,280,000) |
6 Nov 2024 |
|
Moniepoint MFB Ltd Provider of an all-in-one payments, banking and operations platform for businesses and their customers. |
Nigeria | Series C USD 110,000,000 (USD 110,000,000) at USD 1,000,000,000 (USD 1,000,000,000) valuation. |
29 Oct 2024 |
|
Agrolend Credit Investment and Financing Company SA Digital bank for agribusinesses. |
Brazil | Series C USD 53,000,000 (USD 53,000,000) |
18 Oct 2024 |
|
Imprint Payments Inc Provider of branded payments and rewards products. |
United States | Series C USD 75,000,000 (USD 75,000,000) at USD 600,000,000 (USD 600,000,000) valuation. |
10 Oct 2024 |
|
Monese Ltd Digital banking and remittances services provider. |
United Kingdom | Acquisition |
10 Oct 2024 |
|
Monzo Bank Ltd Digital bank. |
United Kingdom | Series I GBP 150,000,000 (USD 190,000,000) at GBP 3,850,000,000 (USD 4,810,000,000) valuation. |
8 May 2024 |
|
|
Monzo Bank Ltd Digital bank. |
United Kingdom | N/A GBP 340,000,000 (USD 432,200,000) at GBP 3,660,000,000 (USD 4,667,800,000) valuation. |
5 Mar 2024 |
|
|
Imprint Payments Inc Provider of branded payments and rewards products. |
United States | Series B USD 75,000,000 (USD 75,000,000) |
14 Nov 2023 |
|
Airwallex (Cayman) Ltd Financial technology company that offers integrated solutions for cross-border payments. |
Hong Kong SAR China | Series E USD 100,000,000 (USD 100,000,000) at USD 5,500,000,000 (USD 5,500,000,000) valuation. |
10 Oct 2022 |
|
|
Monese Ltd Digital banking and remittances services provider. |
United Kingdom | N/A USD 35,000,000 (USD 35,000,000) |
20 Sep 2022 |
|
|
Monzo Bank Ltd Digital bank. |
United Kingdom | N/A USD 600,000,000 (USD 600,000,000) at USD 4,500,000,000 (USD 4,500,000,000) valuation. |
3 Jan 2022 |
|
|
Airwallex (Cayman) Ltd Financial technology company that offers integrated solutions for cross-border payments. |
Hong Kong SAR China | Series E USD 100,000,000 (USD 100,000,000) at USD 5,500,000,000 (USD 5,500,000,000) valuation. |
18 Nov 2021 |
|
|
Imprint Payments Inc Provider of branded payments and rewards products. |
United States | Series A USD 38,000,000 (USD 38,000,000) |
16 Nov 2021 |
|
|
Airwallex (Cayman) Ltd Financial technology company that offers integrated solutions for cross-border payments. |
Hong Kong SAR China | Series E USD 200,000,000 (USD 200,000,000) at USD 4,000,000,000 (USD 4,000,000,000) valuation. |
21 Sep 2021 |
|
|
Airwallex (Cayman) Ltd Financial technology company that offers integrated solutions for cross-border payments. |
Hong Kong SAR China | Series D USD 100,000,000 (USD 100,000,000) |
24 Mar 2021 |
|
|
Monzo Bank Ltd Digital bank. |
United Kingdom | N/A GBP 60,000,000 |
2 Dec 2020 |
|
|
Airwallex (Cayman) Ltd Financial technology company that offers integrated solutions for cross-border payments. |
Hong Kong SAR China | Series D USD 160,000,000 (USD 160,000,000) at USD 1,640,000,000 (USD 1,640,000,000) valuation. |
16 Apr 2020 |
|
|
Monzo Bank Ltd Digital bank. |
United Kingdom | Series F GBP 113,000,000 (USD 143,729,000) at GBP 1,900,000,000 (USD 2,416,680,000) valuation. |
24 Jun 2019 |
|
|
Airwallex (Cayman) Ltd Financial technology company that offers integrated solutions for cross-border payments. |
Hong Kong SAR China | Series C USD 100,000,000 (USD 100,000,000) at USD 1,000,000,000 (USD 1,000,000,000) valuation. |
25 Mar 2019 |
|
|
Monzo Bank Ltd Digital bank. |
United Kingdom | Crowdfunding - Equity GBP 20,000,000 (USD 25,495,000) at GBP 1,000,000,000 (USD 1,274,750,000) valuation. |
3 Dec 2018 |
|
|
Monzo Bank Ltd Digital bank. |
United Kingdom | Series E GBP 85,000,000 (USD 108,000,000) at GBP 1,000,000,000 (USD 1,270,000,000) valuation. |
31 Oct 2018 |
|
|
Airwallex (Cayman) Ltd Financial technology company that offers integrated solutions for cross-border payments. |
Hong Kong SAR China | Series B USD 80,000,000 (USD 80,000,000) |
3 Jul 2018 |
|
|
Monzo Bank Ltd Digital bank. |
United Kingdom | Crowdfunding - Equity GBP 878,100 (USD 1,155,800) |
15 Nov 2017 |
|
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Monzo Bank Ltd Digital bank. |
United Kingdom | Series D GBP 71,000,000 (USD 93,328,400) at GBP 209,000,000 (USD 274,727,000) valuation. |
6 Nov 2017 |
|
|
Monzo Bank Ltd Digital bank. |
United Kingdom | Crowdfunding - Equity GBP 2,500,000 (USD 3,145,910) |
27 Mar 2017 |
|
|
Monzo Bank Ltd Digital bank. |
United Kingdom | Series C GBP 19,500,000 (USD 24,468,700) at GBP 65,000,000 (USD 81,562,400) valuation. |
23 Feb 2017 |
|
|
Monzo Bank Ltd Digital bank. |
United Kingdom | Venture |
26 Jan 2017 |
|
|
Monzo Bank Ltd Digital bank. |
United Kingdom | Series B GBP 4,800,000 (USD 5,861,430) at GBP 45,200,000 (USD 55,195,100) valuation. |
21 Oct 2016 |
|
|
Monzo Bank Ltd Digital bank. |
United Kingdom | Crowdfunding - Equity GBP 1,000,000 (USD 1,425,140) |
7 Mar 2016 |
|
|
Monzo Bank Ltd Digital bank. |
United Kingdom | Venture GBP 5,000,000 (USD 7,682,700) |
15 Feb 2016 |
|
On Deck Capital Inc Small business loan financing company |
United States | Series D USD 42,000,000 (USD 42,000,000) |
13 Feb 2013 |
|
Saxo Bank A/S |
Denmark | Acquisition |
26 Aug 2011 |
|
|
On Deck Capital Inc Small business loan financing company |
United States | Series C |
4 Aug 2011 |
|
Bank Evropeiskij ZAO Russian regional bank operating in the Kaliningrad region. |
Russia | Acquisition |
17 Sep 2010 |
|
|
On Deck Capital Inc Small business loan financing company |
United States | Series B |
25 Mar 2010 |
|
|
Monese Ltd Digital banking and remittances services provider. |
United Kingdom | N/A |
Companies
Best funded companies in the sector
Financial technology company that offers integrated solutions for cross-border payments.
Provider of an all-in-one payments, banking and operations platform for businesses and their customers.
Payday lender that doesn’t charge interest on the cash that it fronts to customers but relies on small voluntary fees.
Valuations
Banking Services selected pre-money valuations (USD)
| Funding round | Median | Average | Minimum | Maximum | Sample size |
|---|---|---|---|---|---|
| Series B | 55,195,100 | 55,195,100 | 55,195,100 | 55,195,100 | 1 |
| Series C | 800,000,000 | 670,390,600 | 81,562,400 | 1,000,000,000 | 4 |
| Series D | 957,363,500 | 957,363,500 | 274,727,000 | 1,640,000,000 | 2 |
| Series E | 4,750,000,000 | 4,067,500,000 | 1,270,000,000 | 5,500,000,000 | 4 |
| Series F | 2,416,680,000 | 2,416,680,000 | 2,416,680,000 | 2,416,680,000 | 1 |
| Series I | 4,810,000,000 | 4,810,000,000 | 4,810,000,000 | 4,810,000,000 | 1 |
| Crowdfunding - Equity | 1,274,750,000 | 1,274,750,000 | 1,274,750,000 | 1,274,750,000 | 1 |
| N/A | 4,583,900,000 | 4,583,900,000 | 4,500,000,000 | 4,667,800,000 | 2 |
| 55,195,100 | 5,500,000,000 | 16 |
Banking Services selected deal sizes (USD)
| Funding round | Median | Average | Minimum | Maximum | Sample size |
|---|---|---|---|---|---|
| Series A | 33,000,000 | 33,000,000 | 28,000,000 | 38,000,000 | 2 |
| Series B | 75,000,000 | 53,620,477 | 5,861,430 | 80,000,000 | 3 |
| Series C | 75,000,000 | 72,493,740 | 24,468,700 | 110,000,000 | 5 |
| Series D | 96,664,200 | 98,832,100 | 42,000,000 | 160,000,000 | 4 |
| Series E | 104,000,000 | 127,000,000 | 100,000,000 | 200,000,000 | 4 |
| Series F | 143,729,000 | 143,729,000 | 143,729,000 | 143,729,000 | 1 |
| Series I | 190,000,000 | 190,000,000 | 190,000,000 | 190,000,000 | 1 |
| Venture | 7,682,700 | 7,682,700 | 7,682,700 | 7,682,700 | 1 |
| Crowdfunding - Equity | 2,285,525 | 7,805,463 | 1,155,800 | 25,495,000 | 4 |
| N/A | 233,600,000 | 274,870,000 | 32,280,000 | 600,000,000 | 4 |
| 29 |
Business Classification
Parent business classification group
Banking & Investment Services