Spanish fintech ID Finance lands €30m equity funding
ID Finance claims its fundraise is the biggest received by a Spanish fintech in 2023.
ID Finance claims its fundraise is the biggest received by a Spanish fintech in 2023.
Sky News reports founder Jayne-Anne Gadhia is in talks to either raise new funds or potentially sell the business.
The total funding is made up of a $66 million Series A equity round and a $50 million debt facility.
While the popularity of neobanks has surged in Western Europe, the Southeast remains relatively free of competition.
Users will be able to fund scientific projects of their choice through their day-to-day payment activities.
The fintech selected banking tech vendor Mambu to power its products last summer.
The nominations deadline has been extended to 24 March 2023. Submit today!
The fresh funding forms part of PhonePe’s ongoing fundraise of up to $1 billion in capital.
With PayShap, consumers will have access to instant, real-time payments across participating banks.
Qik’s CEO says they chose Temenos owing to its “successful track record” across Latin America.
In March 2021, the fintech landed $600 million in funding, confirming a valuation of $95 billion.
Grow aims “to link the traditional banking structure with a product of the decentralised finance ecosystem”.
Customers’ desire for frictionless and convenient payments will drive innovation in the in-car paytech space.
Livi Business offers SMEs and entrepreneurs access to “fast, simple and personalised” financial services.
FairMoney is looking to expand its offering to include features for merchants as well as retail customers.
Thanks to Paymentology, the Fondeadora app will enjoy faster transaction processing and advanced security.
Credit Karma’s users will be given a full picture of their financial status to help them plan their future.
A handy round-up of the recent funding endeavours of fintech companies across the UK.
The Alkami platform will provide a “consistent” user experience for Kennebec business customers.
Through the partnership, Mashreq will leverage i2c’s SaaS platform to offer digital payments.
Nominations for the awards are open until 2 June 2023.
With Confirmation of Payee, Allica customers will be protected from fraud and misdirected payments.
Marcus previously spent seven years at Meta and co-created the firm’s cryptocurrency Diem (formerly Libra).
Customers will soon be able to make payments to small businesses directly from WhatsApp.
The central bank claims Amazon Pay India didn’t comply with “certain provisions” of KYC and PPI directions.
The deadline for nominations is Friday 17 March, so don’t leave it too late!
The partnership has resulted in 52% more monthly active users for Buddy, Klarna Kosma says.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
The service will see funds from across the globe move through payment rails operated by MFS Africa.
Through the partnership, ThetaRay will provide Tudi its Sonar transaction monitoring solution.
In its long-awaited annual report, Revolut says it recorded £26.3 million in profit for 2021.
FinTech Futures sits down for a chat with Mushegh Tovmasyan, founder of Zenus Bank.
Copal aims to provide a “seamless and innovative” cashless payments experience for all family members.
Cover story: FACE OFF – Confrontation can be a good thing.
All Passbook accounts will be closed on 1 May 2023.
LifeSync, available from March, will sit within the Wells Fargo mobile app.
Sources tell CNBC-TV18 that Paytm didn’t want to give up management control.
Tap to Pay allows businesses to accept contactless payments using an NFC-enabled Android device.
Sopra Banking Software will design, build and support the bank’s savings and lending products.
Buy now, pay later – is there a more apt fintech application for our times than BNPL?