People News

Klarna backer launches new VC enterprise to fill seed funding gap

The co-founder of European VC Atomico Mattias Ljungman has launched Moonfire Ventures – a VC aimed at providing seed stage funding for FinTechs among others.
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Square loses general counsel Dana Wagner

Square’s general counsel Dana Wagner is stepping down from his role at the end of September after five years at the payments firm.

Over half of crypto experts believe bitcoin will replace fiat money by 2050

A recent survey has found that over half of the experts who took part believe bitcoin will become more dominant than money issued by central banks in less than 30 years.
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BenefitMall names Scott Kirksey as new CEO

Employee benefits and payroll services provider BenefitMall has named its former president Scott Kirksey as the new CEO.

Close to half of all transactions expected to contactless by end of 2022

A report by VoucherCodes has found 47% of all transactions are expected to be contactless by the end of 2022.

Freelancer-focused neobank Lili snares $55m in Series B round

New York-based neobank Lili has raised $55m from a Series B funding round led by Group 11.
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truePTS hires former ICE technology head as CEO

Derivatives processing business truePTS, a spinout of digital trading platform operator trueEX, has appointed Zohar Hod as its CEO.Hod is joining the company from Intercontinental Exchange...

Jay-Z-backed Ethos bolsters unicorn status with SoftBank investment

US life insurance firm Ethos has secured a $2.7bn valuation after a $100m investment from SoftBank Group.
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BABB hires former Aldermore Bank CIO

Blockchain-based banking startup BABB (Bank Account Based Blockchain) has expanded its team with the hire of banking tech veteran Paul Johnson.

VIVA Finance bags $6.2m Series A to expand US presence

Atlanta-based FinTech VIVA Finance has secured $6.2m in Series A funding to scale its geographical and marketing presence in the United States.

News Stories

AkkenCloud and Immediate team up to revolutionise pay cycles in staffing industry

AkkenCloud and Immediate team up to revolutionise pay cycles in staffing industry

AkkenCloud, a leading innovator in the Staffing Industry known for its advanced automation and AI-driven solutions, has announced a groundbreaking partnership with Immediate, a forward-thinking provider of pay access solutions.
Marqeta powers Rain's new debit card for seamless wage access

Marqeta powers Rain’s new debit card for seamless wage access

Marqeta, a global modern card issuing platform, has partnered with Rain, a financial wellness benefits provider that assists companies in giving employees greater control over their finances.
Tiller Technologies and HSBC Expat join forces to launch digital ID verification

Tiller Technologies and HSBC Expat join forces to launch digital ID verification

Tiller Technologies, a leading RegTech company, has teamed up with HSBC Expat, a branch of HSBC Bank specialised in services for expatriates, excels in offering tailored banking solutions across the globe.
FinTech funding activity flourished this week as deals were completed on all corners of the globe, with a total of $694.5m raised over 19 tranches.

FinTech funding flourishes amid diverse week for deal activity

FinTech funding activity flourished this week as deals were completed on all corners of the globe, with a total of $694.5m raised over 19 tranches.
Klarna and Milkywire team up to expand Nature Transformation Fund for global biodiversity

Klarna and Milkywire team up to expand Nature Transformation Fund for global biodiversity

Klarna, an AI-powered global payments network and shopping assistant, and Milkywire, an environmental impact platform, have launched the Nature Transformation Fund.

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