Teen banking fintech Pixpay raises €3.1m launch funding
The Paris-based start-up was founded four months ago.
Cards
Zero closes $20m Series A to serve 200,000-strong waitlist
Offers a combination of debit and credit card.
Student digital current account Loot enters administration
The fintech collapsed after a sale to RBS fell through.
Card issuing platform Marqeta goes to Series E with $260m
This puts the company’s valuation at nearly $2 billion.
Cryptomathic acquires Aconite Tech for EMV infrastructure prowess
The two firms say they have complementary and similar products.
ATMs decline for first time as cash demand falls
But ATMS are on the rise in developing markets.
Singapore-based challenger YouTrip scores $25.5m funding
It will use the funding for international expansion.
KOHO closes $42m for alternative fintech
Led by Portag3, who supported its Series A.
Business card management platform Pleo raises $56m
It follows last year’s $16m Series A.
Fintechs, there’s a tsunami coming; do you hear the sirens?
And I will be able to pay for a surfboard with my new Apple Card.
JP Morgan picks Bora to automate SUA B2B payments
Bora to provide advanced payment processing technology.
Mastercard acquires Transactis to boost Bill Pay Exchange
Transactis makes digital payment services available to small businesses.
TagNitecrest prints biometric payment cards in the UK
Fingerprint card payments can be made at existing point of sale terminals.
Checkout.com rings up Europe’s largest ever fintech Series A round
The London-based company now eyes further global expansion.
Expense management app Divvy closes $200m funding
It’s the third funding round for the firm in under a year.
ALTO taps ACI for Indonesian alternative payments growth
ACI will provide its UP Retail Payments solution.
FIS links up with Visa
A new tool for the FIS clients to process high-value corporate, cross-border payments.
US modern card issuer Marqeta signs first Europe deals
Partnerships with companies in France, Scandinavia, Spain and Switzerland.
WorldRemit launches international transfers to UnionPay cards
It has been enabled by a partnership with Merchantrade.
Tencent takes a gamble on Argentina’s Uala
The amount of the equity investment has not been disclosed.
Tcell introduces mobile payments TezSum in Tajikistan
The telecom operator has partnered with Wallet Factory for the project.
Merchant platform Pine Labs acquires Qwikcilver for $100m
Actis is increasing its investment in Pine Labs as a result.
Virtual card platform Extend raises $11m
The funding takes Extend’s total capital to $14 million.
Coinbase launches crypto Visa debit card in the UK
A European version will follow later this year.
PFS bags Irish licence for Brexit contingency plan
This follows the acquisition of Barclays’ prepaid business.
Video: fintech news weekly round-up – 1 April 2019
Apple’s new credit card, New York goes fintech, and more!
StreetShares to launch credit cards for veteran-owned businesses
A new credit card for the 2.5 million veteran-owned small businesses in the US.
The self-service puzzle: strategic touchpoint or point of utility?
Financial institutions have to take their ATM strategy to the next level, and re-examine their investment methodology.
Top fintech stories this week – 29 March 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Rewire helps migrants in Europe with $12m funding
The banking platform is targeted at making international payments easy.
PayTech Awards: honouring organisations for their social impact
Enter the PayTech for Good Award by 5 April!
Apple announces digital credit card
To launch in summer, supported by Goldman Sachs.
Prepaid Technologies acquires Dash purchasing card portfolio
The deal more than doubles the firm’s expense management business.
Instarem partners with First Data to enable card issuance
It will begin with corporates and fintechs in Singapore.
Curve announces plans for global expansion
LinkedIn’s former talent hunter will head international recruitment.
2gether expands its prepaid crypto card into Europe
Consumers will be able to spend crypto as easily as euros.
Paytech InComm acquires Linq3 Technologies
This is the firm’s eighth acquisition.
French firm PayTrip launches prepaid for relatives abroad
Inspired by a Moroccan engineer’s personal experience of making money transfers.
Barclaycard brings Alipay payments to UK retailers
To cater to the many Chinese Alipay users.
Stash piles on rewards with stock-back launch
New York-based financial services platform officially boots up.
