Nets grows POS presence in Poland with Simapka acquisition
Owned by Team4U, Simapka is an app for owners of shops and service points in Poland.
Owned by Team4U, Simapka is an app for owners of shops and service points in Poland.
Mambu’s cloud platform will power Purpl’s remittance and digital wallet solution.
The solution leverages analytics, AI and cloud to deliver “instant” credit decisions to support digital lending.
As part of a joint venture with Eurobank, Worldline will hold an 80% stake in the new company.
Myanmar’s Yoma Bank has replaced its in-house processing centre with Compass Plus’ TranzAxis.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
SumUp says the latest funding is “indicative of our strength, execution, and potential”.
Upon closing, the bank will be renamed VersaBank USA National Association.
In3 CEO says the funding is “testament to the scale and growth of our proposition in the BNPL community”.
Nets is part of European paytech conglomerate Nexi Group, which will own 100% of orderbird.
The Series B round, the largest fintech Series B in Egypt, was led by Kora Capital, PayPal Ventures and Clay Point.
The funding will be used to double the size of its team and develop new products.
Fintech start-up Humla will be powered by a BaaS platform developed by SEB’s innovation studio SEBx.
Nexa Equity aims to scale Choice through both “organic initiatives” and strategic acquisitions such as DPC.
Funding will help the firm meet the “ever increasing demand for tools that enable programmable money experiences”.
Our weekly fintech round-up for you to get the latest funding news from around the world.
The raise comes hot on the heels of a $150 million investment in February from Alpha Wave Global.
The Series B brings the company’s total amount raised to date to $60 million.
The deal values Sezzle at approximately $360 million (AUD 491 million).
Lloyds has also made an equity investment for a minority stake in Bink.
The solution will be available on all DBS Mastercard, Visa and American Express credit cards.
Bold wants to accelerate Colombia’s transition from cash to a digital payments economy.
Bolt says it has doubled its valuation in three months.
Latham has also held senior positions at American Express and Microsoft.
The funding package will finance the UK fintech’s expansion into the United States.
Addi CEO Santiago Suarez says: “Business is accelerating a lot faster than expected.”
Mercado Libre says it is looking to “consolidate its value proposition in Chile”.
The B2B BNPL fintech says it will invest in team and product development.
Nobly POS software will be integrated with Revolut payment offerings internationally.
The project is partly driven by predicted strong growth in mobile transactions in Vietnam.
Capital to support Kafene’s point-of-sale financing to Americans with limited access to credit.
Nominations close 11 March 2022, with winners revealed at a ceremony on 1 July 2022.
Cash will be used to fuel growth and bring in new tech team hires.
Stephen joins from Amazon and will work on scaling Barclays’ BNPL platform.
Innoviti says it is committed to building a cashless India, driving financial inclusion across the country.
The minority stake investment will expand IKEA’s financing offering in-store and online.
The acquisition of Yoke will bolster Cantaloupe’s unattended retail market offering.
Portuguese payments firm aims for “seamless support”.
Register for the free digital ceremony and networking on 8 July 2021.
The bank is focused on improved card offerings for personal and corporate customers.