Payments News


Vision Fund backs OakNorth to break European fintech record

“Banking startup OakNorth has raised $440 million from SoftBank‘s Vision Fund and Clermont in the continent’s biggest-ever fintech deal in VC. The investment, which values the London-based business at around $2.8 billion, comes just a month after German challenger bank N26 set the previous record with a $300 million fundraise and days after Berlin-basedRaisin’s $114 million round. “