FinTech News

Digital lender auxmoney lands €500m funding

Auxmoney, a leading digital lending platform for consumer credit in Europe, has secured €500m in funding.

Don’t forget to update your permissions warns the FCA

The UK's top financial watchdog has warned firms to not forget to regularly reviewer regulatory permissions or risk having their licence to operate cancelled.

What will the European payments industry look like in 2030?

A recent study by card issuing platform Marqeta has examined the potential roadblocks and innovations that may arise over the next decade in the payments industry.

Online loan platform LendingPoint secures $125m preferred equity from Warburg Pincus

Online loan platform LendingPoint has secured a $125m preferred equity investment from private equity firm Warburg Pincus.

Paytm Payments Bank receives $18.8m funding

Paytm Payments Bank has reportedly received a 122 Crore ($18.8m) from its parent company, One97 Communications.

Nivesh collects $1.6m in its pre-Series A funding round

Nivesh, which claims to be the mutual fund for all, has reportedly collected $1.6m in its pre-Series A funding round.

Cover Whale releases its truck insurance services

InsurTech general agent Cover Whale has released its commercial truck insurance platform Big Rig Insure.
France’s Mistral AI has announced its first Generative AI model to compete with US leaders in the space.

French startup Mistral AI unveils first GenAI model to challenge Meta and OpenAI

France’s Mistral AI has announced its first Generative AI model to compete with US leaders in the space.
Alibaba sells half its stake in India-based payments company Paytm

Alibaba sells half its stake in India-based payments company Paytm

Chinese e-commerce giant Alibaba has reportedly sold half of its position in India-based payments company Paytm.

David Beckham scores metaverse role with blockchain ambassadorship

Global football icon David Beckham has entered the metaverse after taking the role of a global brand ambassador for the DigitalBits blockchain.

News Stories

Experian and Paylink unveil debt consolidation solution to boost financial accessibility

Experian and Paylink unveil debt consolidation solution to boost financial accessibility

Experian, a global leader in consumer and business credit reporting and marketing services, partners with Paylink, a forefront provider of affordability software and payments solutions.
Mitigram and Fides join forces to revolutionise global trade finance

Mitigram and Fides join forces to revolutionise global trade finance

Mitigram, a global leader in digital trade finance, has announced a strategic partnership with Fides, the industry-leading provider of multibank connectivity solutions.
Approveit secures $1m in funding to enhance its payment automation software

Approveit secures $1m in funding to enhance its payment automation software

Approveit, an operations and automation platform for businesses, has successfully raised $1m.
Validus partners with HSBC for $50m facility to boost SME lending in Indonesia

Validus partners with HSBC for $50m facility to boost SME lending in Indonesia

Validus, headquartered in Singapore, has announced a new partnership with HSBC, establishing a $50m debt facility aimed at bolstering financial inclusion for micro, small, and medium enterprises (MSMEs) in Indonesia.
BillEase secures Series C funding led by TPG's The Rise Fund to enhance Filipino financial inclusion

BillEase secures Series C funding led by TPG’s The Rise Fund to enhance Filipino...

BillEase, a digital consumer finance platform in the Philippines, has announced a significant milestone in its growth trajectory.

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