Payhawk closes $20m Series A investment round
The platform has seen rapid growth since its $3.6 million seed round a year ago.
Payments
ICYMI funding round-up: Percent, Till Financial, Plooto, Nelo & more
More weekly funding deals which may have flown under your radar.
Bux raises $80m to boost European zero commission investing app
The neo-broker targets younger generations with further roll-out of BUX Zero.
Tamara scores MENA’s largest Series A round with $110m investment
The BNPL provider aims to reach all GCC markets by the end of the year.
Deel hits unicorn status with $156m Series C funding round
The global payroll solution is now valued at $1.25 billion.
Tinkoff launches Russia’s first digital BNPL service
Dolyame.ru offers interest-free instalment payments for FMCG goods.
FIS expands payment processing in Malaysia, South Africa and Nigeria
“Emerging markets across Southeast Asia and Africa present fresh opportunities”.
Currencycloud moves into Asia-Pacific with new Singapore office
Currencycloud’s Asia-Pacific transactions trebled last year.
Saudi Arabia launches new real-time payments system with IBM and Mastercard
The kingdom enlisted the help of IBM and Mastercard for the roll-out.
PayPal to avoid Chinese competition with new cross-border wallet
US giant aims to create a bridge into China with its new service.
Hospitality payment app Sunday raises record €20m seed round for Europe
The start-up claims to cut the costs for operators to 0.5% per transaction.
Hi55 Ventures, NTT DATA, Railsbank and Mastercard team up to reinvent payroll
The Hi card will give employees direct access to money they’ve earned in real-time, free of charge.
Mastercard acquires digital identity firm Ekata in $850m deal
Payments giant to combine Ekata with its own fraud and identity platforms.
Routable raises $30m in Series B funding to boost B2B payments
Seattle fintech nabs bumper round from a handful of angel investors.
How much do subscription services invest in chargeback protection and why do they need it?
There is a way to both decrease the chargeback losses and the expenses on fraud prevention tools.
Fintech funding deals globally 12-18 April 2021
Featuring Clearcover, Razorpay, The Zebra, Netstars, and Fintern.
Dutch VC Finch Capital snaps up Wirecard’s APAC assets
The purchases were made through Nomu Pay.
RTGS.global hires industry veteran Dave Sissens as new CEO
The full-service availability of the RTGS.global platform is expected later this year.
Lending start-up Fintern raises £32m in equity and debt funding
UK fintech backed by German institution Varengold Bank
SoftBank in talks to turn Indian payments firm Zeta into a unicorn
If finalised, the investment would come through SoftBank Vision Fund 2.
Video: Top fintech stories this week – 16 April 2021
To stories from across the fintech world, featuring Coinbase, Pine Labs, Ozon and more.
ICYMI funding round-up: Cardlay, Revix, Numidia, Payable & more
A round-up of the funding you may have missed this week.
Kiwi payments start-up Dosh selects Software Group
Dosh is the first local mobile wallet solution in New Zealand.
Pine Labs acquires digital payments start-up Fave in $45m deal
Indian payments firm snaps up Fave to introduce the latter to India.
Cuba’s only telco ETECSA granted payment provider licence
The firm can now convert customers’ balances into electronic money.
TSB taps ApTap to help customers manage bills
Deal follows trial period featuring 10,000 TSB customers, who saved an average of £150 a year using the service.
Blockchain firm ConSensys raises $65m from major banks
ConSensys raises cash following company restructure.
Dear Luc: To give my customers cards I just need an issuer – right?
Our anonymous fintech problem asks if issuers are all you need to provide cards to customers.
Extended deadline announced for PayTech Awards 2021
Recognising excellence and innovation in the use of IT in the finance and payment industry worldwide!
Russian e-commerce giant Ozon acquires Oney Bank in $10m deal
Firm known as “the Amazon of Russia” steps into fintech space.
Railsbank reunites Currencycloud founding team with John Hammond hire
John Hammond joins former colleagues at the firm as its new CCO.
Auxmoney secures €250m in debt financing from Citi and Chenavari
New round tips total raised by auxmoney above $3 billion.
Bill payments lingo you need to know
A handy glossary of common electronic bill payment terms and why they matter to your business.
Modulr lands undisclosed investment from FIS Ventures
“Modulr lowers the barriers to bringing payments into a platform”.
Fintech funding deals globally 5-11 April 2021
Featuring CRED, OneStream Software, Loopio, Patreon, and Ramp.
Minna Technologies recruits Tiama Hanson-Drury as new product officer
Hanson-Drury joins the Minna team from Dynata.
EML Payments acquires open banking brand Nuapay in €110m deal
Nuapay owner Sentenial snapped up by prepaid cards firm EML.
Tide signs deal with RBL Bank to underpin Indian expansion
The UK firm is seeking 25,000 new customers in the country.
Keep the change: how fintech is blurring the line between transaction and payment
As payments become more frictionless, how can banks cultivate and maintain customer loyalty?
Video: Top fintech stories this week – 9 April 2021
Featuring Clubhouse, Stripe, Harlem Capital, Paymob, and WorldRemit founder.
