Airwallex adds $100m funding with Series E extension
The new capital injection adds to the firm’s $200m Series E funding.
E-commerce
Fintech start-up Imprint lands £38m in Series A round
Stripe among backers for brand-centric payments player with $53m raised in total to date.
Kafene secures $75m funding to accelerate growth
Capital to support Kafene’s point-of-sale financing to Americans with limited access to credit.
Canadian card and spend management fintech Float raises $30m in Series A
This latest financing round brings Float’s total funding to date to around $34 million.
London BNPL firm Zilch worth more than $2bn following $110m Series C
The company plans a hiring spree in Miami, where its US headquarters are located.
Business paytech Bottomline adds straight through processing with Bora acquisition
Virtual card payments made via STP cut costs and time, Bottomline says.
Financial management platform HoneyBook lands $250m Series E funding
The Californian company manages client flow and cash flow for independent business owners.
Clearco CGO: “Talent and ambition exist everywhere, but opportunity does not”
FinTech Futures speaks with Clearco’s Ruma Bose and Sarah Clark to discuss democratising access to funding.
Stripe acquires Indian accounting software firm Recko
The acquisition reflects a broader investment strategy in India, the fintech says.
BaaS platform Productfy raises $16m and forms card issuance partnership
Productfy provides companies with embeddable modules for payments, deposits, and card issuance.
Coastal Community Bank picks Finzly to modernise payments processes
Coastal Community Bank has more than $2 billion in assets under management.
Google pulls Plex after less than a year in development
Aborted banking project reflects change of financial services strategy at Google.
The Banking Tech Awards are coming to the USA!
The nomination deadline is 18 February 2022 with the winners announced in June.
Payments fintech Highnote emerges from stealth with $54m funding
The card issuing platform will help SMEs compete with ecommerce giants like Amazon.
A perfect storm: cash collection and the rise of digital payments
The cashless society has been anticipated for decades, with the pandemic now accelerating its arrival.
Fintech funding deals globally 13 September – 19 September 2021
Featuring BitSight, Melio, SellersFunding, Form3 and Xendit.
Shortlist announced for Banking Tech Awards 2021
Congratulations to all of this year’s finalists.
E-commerce fintech SellersFunding secures $166.5m investment
US fintech plans geographical expansion and increased headcount.
Fintech software firm Veritran hits $225m valuation with Trivest investment
Veritran’s enterprise low-code platform facilitates billions of transactions annually.
CIBC acquires Costco’s Canadian credit card portfolio
CIBC will also become the exclusive issuer of Costco Mastercards in Canada.
B2B payments fintech Balance raises $25m in Series A funding
US firm says its payments platform will help improve the online checkout experience.
Card issuing platform Lithic secures $60m Series C funding
The raise follows hot on the heels of its $43 million Series B in May.
Behalf raises $100m in debt financing to expand BNPL offering for B2B firms
The company also secured $19 million in a venture funding round.
Winners announced for the 2021 PayTech Awards
24 winners and 31 highly commended for projects, companies, products, individuals and teams!
Fintech funding deals globally 14 June – 20 June 2021
Featuring Ebanx, ThinCats, Guideline, Bunq, and 10x.
AI-powered shopping app nate raises $38m in Series A round
The company has now raised $51 million in total.
Stripe launches AI-based identity verification tool
Stripe Identity aims to help online businesses prevent fraud when accepting payments.
Video: fintech news pick of the week – Klarna, Mastercard & BBVA
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
Mastercard and Visa pick new partnerships to drive biometric payments
Mastercard partners with FinGo following Visa’s deal with ADIB.
Mexican fintech Clip raises $250m in SoftBank-led investment
The investment is the largest ever for a payments company in Mexico.
Irish start-up Wayflyer raises $76m in Series A funding round
Funds from the raise will be used to support Wayflyer’s product development and international expansion.
2021 PayTech Awards hosted by Darren Harriott
Register for the free digital ceremony and networking on 8 July 2021.
Resolve lands $60m to grow buy now, pay later B2B offering
Resolve was spun out from buy now, pay later (BNPL) company Affirm in 2019.
Fintech funding deals globally 17-23 May 2021
Featuring Trade Republic, Pine Labs, Figure, DailyPay, and Sunbit.
Shortlist announced for PayTech Awards 2021
Register for the digital gala and networking on 8 July 2021 – it’s free to attend and open to everyone.
Meeting omnichannel expectations in the new retail landscape
The use of connected retail now holds more potential than ever.
Signifyd raises $205m in Series E featuring FIS
Antifraud firm calls 2020 a landmark year in its history.
Cuba’s only telco ETECSA granted payment provider licence
The firm can now convert customers’ balances into electronic money.
US retail trade groups ask to join $5.54bn Visa and Mastercard lawsuit
The two bodies want permission to become parties in the lawsuit.
Fintech funding deals globally 15-21 March 2021
Featuring SumUp, eToro, Plaid, SecurityScorecard, and Coalition.
