Chipper Cash closes $13.8m Series A round led by Deciens Capital and Raptor Group
Mobile cross-border money transfer startup Chipper Cash plans to hire 30 more staff members after bagging $13.8m in fresh capital.
Bitcoin Group to acquire Bankhaus von der Heydt
Bitcoin Group SE has signed a deal with Dietrich von Boetticher, the owner of German bank Bankhaus von der Heydt, to acquire 100% of the shares of the company.
American Express said to acquire payments company Cake
American Express has reportedly acquired UK-based restaurant payments company Cake Technologies in a deal worth around $13.3m.The deal was completed last October and due...
Financial inclusion on the mind of Sri Lanka with payment solution launch
The Central Bank of Sri Lanka (CBSL) has introduced LANKAQR, a new digital payment solution focused on reducing cash reliance and bolstering financial inclusion.
Brazil’s central bank halts WhatsApp’s payment rollout
WhatsApp rolled out its mobile payment services in Brazil last week, but has already been suspended by the central bank.
Blocknative lands $15m in Series A-1 investment
California-based Blocknative, a web3 infrastructure business, has scored $15m in a Series A-1 funding raise.
Metro Bank announces Insights, a new personal finance service
British challenger bank Metro Bank has revealed its AI-powered money management service Insights.
Why flexibility is imperative when developing digital financial services
A recent blogpost by WealthTech firm Kidbrooke has examined the key technological factors that ensure the flexibility of digital financial services.
Revolut users can now trade with silver on the challenger bank’s app
UK neobank Revolut has announced that its standard, Premium and Metal customers can now access silver through the Revolut app.
Verisk set to snap up InsurTech Mavera
Data analytics provider Verisk has agreed to acquire Mavera, a Swedish InsurTech firm, for an undisclosed fee.