FinTech News

SumUp

SumUp unveils digital wallet to simplify shopping experience

Payments firm SumUp has launched SumUp Pay, a digital wallet that the company claims makes shopping locally easier and more rewarding.
Nigerian B2B payments platform Duplo raises $4.3m

Nigerian B2B payments platform Duplo raises $4.3m

Nigerian B2B payments platform Duplo has raised $4.3m in its seed round, which was supplied by a coalition of investors and angels.
Ryft bags seed round for PSD2 compliant payments system

Ryft bags seed round for PSD2 compliant payments system

Ryft, a PSD2 compliant payments system, has closed a seed round, which was led by UK-based investor SFC Capital.

Digital bank Grasshopper raises $30.4m

Digital commercial bank Grasshopper has closed a $30.4m in a funding round, which brings its total capital raised to $160m.

Digital bank Umba snaps up majority stake in Daraja

Digital bank Umba has acquired a 66.6% stake in Kenyan microfinance outfit Daraja as it looks to expand its presence on the continent.

CISA and Ukrainian state cyber group bolster partnership against Russia

Ukraine’s state cybersecurity agency has expanded its partnership with the Cybersecurity and Infrastructure Security Agency to continuously combat the threat from Russia.

Why wealth managers need the right type of simplicity

Simplicity is the ultimate sophistication, Leonardo da Vinci once said. However, simplicity can be a double-edged sword when digitising wealth management and the key is finding the right balance.

Sunrate bags funding from SoftBank Ventures-led Series C

Shanghai-based FinTech Sunrate has raised an undisclosed amount from a Series C funding round led by SoftBank Ventures Asia.

ALD to snap up rival LeasePlan to transform automotive industry

Societe Generale's car leasing division ALD has signed a memorandum of understanding (MoU) which would see the company acquire 100% of its competitor LeasePlan for $5.5bn in cash and shares.

Rupifi lands $25m for small business in India

B2B payments FinTech Rupifi has raised $25m in a recent funding round co-led by Tiger Global and Bessemer Venture Partners, a report by TechCrunch has revealed.

News Stories

ACI and EPI target Europe’s payments fragmentation

ACI Worldwide, a global payments technology firm listed on NASDAQ, has become a principal member of the European Payments Initiative (EPI) and will integrate...
MRLO

The hidden culture problem behind weak MLRO engagement

There is a pattern that most money laundering reporting officers (MLROs) will recognise immediately. A request goes out for inputs to the financial crime...
Canada

Canada’s FCA bill puts FinTech compliance on notice

Canada's fragmented approach to tackling financial crime has drawn sustained criticism for years. Responsibility for investigating money laundering, fraud, and sanctions offences has historically...
MiFIR

How regulatory reform is exposing MiFIR governance cracks

Transaction reporting has always been the backbone of market abuse surveillance, but the rules of the game are shifting. As regulators deepen their reliance...
synthetic

Synthetic identity fraud now a systemic threat in 2026

Mitek Systems has released new research developed in partnership with Datos Insights, a financial services research and advisory firm, warning that synthetic identity fraud...

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