Investments (#)
Investments (USD)
Transactions
Recent transactions in the sector
| Company | Country | Funding round | Date | |
|---|---|---|---|---|
|
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 |
|
Saxo Bank A/S |
Denmark | Acquisition |
26 Aug 2011 |
|
Bank Evropeiskij ZAO Russian regional bank operating in the Kaliningrad region. |
Russia | Acquisition |
17 Sep 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.
Valuations
Banks 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 |
Banks selected deal sizes (USD)
| Funding round | Median | Average | Minimum | Maximum | Sample size |
|---|---|---|---|---|---|
| Series A | 38,000,000 | 38,000,000 | 38,000,000 | 38,000,000 | 1 |
| 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 | 100,000,000 | 117,776,133 | 93,328,400 | 160,000,000 | 3 |
| 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 |
| 27 |
Business Classification
Parent business classification group
Banking Services