Company News

Miconex to future-proof high streets with digital gift card solution

Miconex, which leverages payment solutions to help drive local spending, is rolling out digital gift card technology across the UK.

Capchase reels in $280m for its alternative financing platform and newly launched BNPL solution

Non-dilutive capital provider for recurring revenue businesses, Capchase raised an additional $280m in new debt and equity funding led by i80 Group, less than seven weeks after a $125m round.

FinTech investment in Ireland reached a new record funding level in 2019

FinTech companies in Ireland have raised over $1bn between 2014 and 2019 across 84 transactions.
FTC

FTC orders MoneyGram to return $115m to scammed consumers

The Federal Trade Commission (FTC) has ordered MoneyGram to return $115m in refunds to consumers who were frauded by scammers using their payment system.
Embroker, the digital insurance company simplifying the insurance buying experience for businesses, has unveiled its specialised coverage program designed for real estate agents and brokers.

Embroker launches specialised insurance program for real estate professionals

Embroker, the digital insurance company simplifying the insurance buying experience for businesses, has unveiled its specialised coverage program designed for real estate agents and brokers.

State Bank of India backs Pine Labs with $20m investment

Indian buy now, pay later (BNPL) firm Pine Labs has secured a $20m investment from the State Bank of India, the largest commercial bank in the country.

Clim8 smashes its crowdfunding target to avert climate change and boost sustainable investment

Clim8 Invest, UK-based sustainable investing app, closed its latest crowdfunding campaign on Crowdcube, hitting £2.85m from over 1,800 investors.

Neobank Up removes foreign ATM withdrawal fees

Australian digital bank Up has removed an AUS$5 fee for foreign ATM withdrawals as it pushes for an edge against its competitors.
on-hold

Why on-hold procedures for regulatory reporting are important

With regulatory reporting being vital for every company, RegTech firm Point Nine has established an automated on-hold procedure to be activated in the event of any failure.

Lithuanian lender Finbee Verslui raises €35m to fast-track business loans

Finbee Verslui, an alternative lender based in Lithuania, has successfully closed a funding round, securing a €35m investment.

News Stories

Solid week for FinTech deals with 28 recorded

A total of $459m was raised across all the FinTech deals that were recorded this week by FinTech Global.  Leading the way of all the...
Paystand spearheads zero-fee B2B payments network expansion into Canada

Paystand spearheads zero-fee B2B payments network expansion into Canada

Paystand, renowned for its blockchain-enabled B2B payments, is extending its zero-fee network to Canada, enhancing the scope of its services beyond the initial limited offering since 2018.
Hex Trust joins forces with Grass to revolutionize AI data collection

Hex Trust joins forces with Grass to revolutionize AI data collection

Hex Trust, a prominent digital asset solution provider catering to institutional finance and the Web3 ecosystem, has announced a strategic partnership with Grass.
Avaloq and Zürcher Kantonalbank launch innovative digital asset service

Avaloq and Zürcher Kantonalbank launch innovative digital asset service

Avaloq has introduced its cutting-edge digital asset platform at Zürcher Kantonalbank (ZKB), one of Switzerland's premier banking institutions, in collaboration with Fireblocks.
Barq and Mastercard collaborate to transform payment technology in Saudi Arabia

Barq and Mastercard collaborate to transform payment technology in Saudi Arabia

Barq, a pioneering FinTech startup from Saudi Arabia, has joined forces with the global financial services giant, Mastercard.

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