Ex Virgin Money chief-founded FinTech Snoop hauls in $20m to fuel expansion
UK-based FCA-regulated money management app Snoop raised £15m ($20.87m) in Series A funding round to support global expansion.
Ritmo bags €13.8m seed funding to scale into new markets
Spanish FinTech firm Ritmo has raised €13.8m from a seed funding round led by JME Ventures.
Mexican PayTech Yaydoo to simplify B2B payments after banking $20m in fresh funding
Mexico City-based B2B software and payments company Yaydoo closed a $20.4m in a Series A round co-led by Base10 Partners and monashees.
LatAm’s Xepelin reels in $230m in debt equity from Kaszek and Tiger Global, Clara...
Chilean FinTech that provides an online financial services platform for SMBs Xepelin raised $30m in equity and $200m in credit facilities led by Kaszek Ventures with participation from DST Global.
Microsoft underlines heightened concern from call centre ransomware scheme
Microsoft has claimed a ransomware campaign employing bogus call centers to trick victims into downloading malware may be more dangerous than previously thought.
India unveils new digital currency, Nigeria eyes e-currency launch in October 2021
India has introduced the e-RUPI, which is a cashless and contactless digital payment system to support the global shift towards digital payments.
Softbank, Temasek-backed InsurTech Policybazaar files for mega $800m IPO, aims at $5bn valuation
Online insurance platform Policybazaar has filed a draft red herring prospectus with the Securities Exchange Board of India (Sebi) to raise $809m via an initial public offering (IPO), becoming the fourth startup in the past two months from the South Asian market to explore public markets.
‘Shooting war’ with a major power could break out over cyberattacks, Biden reveals
President Joe Biden has claimed the US is more likely to end up in a ‘real shooting war with a major power’ due to cybercrime than any other form of conflict.
Token driving UK open banking payments expansion, research finds
Market share statistics by CMA9 – the nine largest UK banks – has found open banking platform Token is driving the adoption of open banking payments in the country.
Jack Dorsey’s Square buys Afterpay in $29bn deal amid buy now, pay later boom
Twitter co-founder Jack Dorsey's digital payments platform Square has acquired Australian 'buy now, pay later' firm Afterpay to create an online payments powerhouse and help accelerate Afterpay’s growth in the US.