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NEWS HIGHLIGHT
Virgin Money unveils a BNPL credit card that lets customers spread repayments over installments while building their credit scores. A waitlist has been opened for the product, Virgin Money Slyce, ahead of a launch later this year. Link here.
FINTECH NEWS
#donedeal
- Revolv3 raises $4.5m for recurring billing platform. Revolv3 announces that Rosecliff Ventures and an angel investor have invested $4.5 Million USD in seed money in the recurring billing solutions company. Link here.
- Choice QR has raised €1.5m in a seed round led by Czech VC Presto Ventures with participation from Seedcamp, the prominent early-stage UK VC firm. Link here.
- B9 Inc raised a $2.6M funding round led by Sky Light Invest with participation from prominent FinTech investors Mbanq and the founders of Wrike, a project management application. Link here.
#investment
- Freetrade ‘postpones’ securities lending plan. The neobroker previously said it wanted users to ‘opt in’ to lend out their securities to help it continue to offer lower costs on stocks and ETFs. Link here.
