US fintech 8fig secures $140m in equity and debt financing
8fig will use the latest funding to continue investing in small and medium-sized e-commerce businesses.
Platform-as-a-Service/PaaS
News, intelligence and resources on the global fintech industry including topics such as platform-as-a-Service/PaaS.
First National Bank of Oklahoma selects Teslar to streamline lending processes
The bank will utilise Teslar’s tech to automate its commercial, consumer and agricultural lending workflows.
Patient billing platform Inbox Health lands $22.5m Series B
With the funding, Inbox Health plans on accelerating its growth by reaching out to more patients.
Online banking start-up Slash launches from stealth with $19m in funding
Slash claims over 20,000 entrepreneurs have signed up to its platform.
Microsoft taps Stripe, PayPal and GoDaddy to launch payments on Teams
North American businesses will be able to accept real-time card payments directly on the Teams platform.
Shopify taps B2B payments platform Melio for bill pay solution
The new solution will allow Shopify merchants to pay and manage their bills without leaving the platform.
ICYMI fintech funding round-up: m3ter, Niro, Tembo and more
Our weekly fintech round-up for you to get the latest funding news from around the world.
Mexico’s Clara secures $60m in equity funding round led by GGV Capital
Clara has now raised a total of $160m in equity funding since it began operations over two years ago.
Financial automation start-up Clerkie bags $33m Series A
The round was led by Left Lane Capital, with participation from other investors.
TransPecos Banks launches credit card offering in partnership with E6
The bank has deployed E6’s products to bring card issuing and processing to its customers.
Liberty Bank launches on Alkami’s digital banking platform
Liberty Bank says the move to Alkami’s platform is a “crucial step” in its complete tech stack overhaul.
ICYMI fintech funding round-up: Toku, Finverity, Lumiant and more
Our weekly fintech round-up for you to get the latest funding news from around the world.
Fraud and risk detection start-up Oscilar launches from stealth
The start-up has been self-funded by its co-founders, with $20 million in capital.
Visa and Mastercard reportedly in talks to acquire Pismo
Visa has reportedly submitted a bid of $1.4bn after an initial offer of $1bn was rejected by Pismo.
eToro raises $250m at $3.5bn valuation after nixing SPAC
The funding stems from an Advance Investment Agreement (AIA) which eToro entered into in February 2021.
ICYMI fintech funding round-up: Wingspan, Monite, Fundpath and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Mexican fintech Clara secures up to $90m in debt financing
The fresh financing follows a $150 million debt facility from Goldman Sachs in August last year.
Canada’s Versapay names Carey O’Connor Kolaja as new CEO
O’Connor Kolaja replaces former CEO Craig O’Neill, who is set to move to an advisory role within the firm.
US student debt fintech Candidly raises $20.5m in Series B funding
The funding round was led by Altos Ventures, with existing investor Cercano Management also participating.
US regtech Droit lands $23m Series B funding
The round was led by Pivot Investment Partners and UBS via its venture arm UBS Next.
ICYMI fintech funding round-up: Archway, Finway, iLex and more
A handy round-up of all the latest funding endeavours by fintech companies across the world.
Xero appoints former Google exec Diya Jolly as chief product officer
Jolly joins Xero from Okta, where she served as CPO.
Wells Fargo launches digital financial planning platform LifeSync
LifeSync, available from March, will sit within the Wells Fargo mobile app.
North America fintech funding round-up: Vexi, Comun, ModernFi & more
A round-up of the latest funding endeavours of fintech start-ups from across North America.
US fintech PayEm bags $220m in funding
The funding came from Viola Credit, Mitsubishi Financial Group, Collaborative Fund, and others.
CWB expands Brim Financial partnership with new business credit card offering
Customers will have access to Brim’s full suite of product capabilities powered by the fintech’s tech platform.
Thoma Bravo to acquire Coupa Software for $8bn
Coupa says the deal is expected to close in the first half of 2023.
TreviPay to acquire fellow US paytech Apruve for undisclosed sum
With the acquisition, TreviPay plans to expand its B2B payments network.
TripActions bags $400m in credit facilities to boost expansion
The new credit facilities have been provided by Goldman Sachs Bank USA and Silicon Valley Bank.
US fintech Teampay secures $47m in Series B funding
The fresh funding brings Teampay’s total capital raised to $65 million.
Klarna launches new open banking sandbox initiative
With the initiative, Klarna hopes to accelerate innovation in the development of open banking use cases.
Delio appoints former BNY Mellon exec Paul Burleton as COO
At Delio, Burleton will help shape the fintech’s operating model as it looks to expand internationally.
Financial wellbeing platform Brightside raises $33m in Series B funding
The firm says it will use the fresh funding to enhance its platform and fuel its growth.
Mexican fintech start-up Mendel bags $60m in fresh funding
Mendel will use the new funds to boost the growth of its corporate expense management platform.
Arta Finance exits stealth with more than $90m in funding
Arta raised the capital from Sequoia Capital India, Ribbit Capital, Coatue and more than 140 angel investors.
US real estate platform Prevu buys mortgage tech from shuttered Reali
With the acquisition, Prevu aims to expand its digital buying platform to include mortgage services.
ICYMI fintech funding round-up: Decentro, Sidekick and more
Our weekly fintech round-up for you to get the latest funding news from around the world.
Canada’s TouchBistro bags $110m in growth funding
TouchBistro offers a tablet-based point of sale (POS) system and payments solution for restaurants.
eToro snaps up portfolio management platform Bullsheet
Bullsheet helps eToro users keep track of stocks and analyse the risk and diversification of their portfolio.
US fintech funding round-up: Bridge Money, Involio and Amplify
A handy round-up of the recent funding endeavours of fintech companies across the US.
