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Fifth Third Bank is partnering with venture capital (VC) firm QED Investors to bring new products and services to their banking customers. Read more: wwww.bankingtech.com
ApplePie Capital has raised $16.5m in a Series B round. The new funding coincides with the announcement of a $180m loan purchase agreement with TowerBrook Capital. Read more: www.fintechroundup.com
Scotiabank and QED Investors have teamed up to launch a venture capital platform that will invest in Latin American FinTech startups. Read more: www.pehub.com
Brazilian digital financial services firm Nubank has raised $80m in a Series D round of funding. The investment was led by DST Global. Read more: www.fintechroundup.com
Online lending and credit startup LendUp has raised $47.5m in a Series C round led by Y Combinator’s Continuity growth fund.
Brazilian online credit startup BankFacil has closed a new BRL15m ($4.3m) Series A financing round thanks to new capital from Kaszek Ventures and existing backers.