US FinTech Stavvy has secured $40m from a Series A financing round led by Morningside Technology Ventures.
Finnish FinTech Enfuce has entered a collaboration with UK open banking firm Bud to bring the former’s carbon tracking engine to the UK market.
Teen-focused fintech startup FamPay raised $38m in a Series A funding round, led by Elevation Capital and major participation from existing investor Sequoia Capital India.
US payments network Rapyd is set to purchase Icelandic company Valitor from Arion Bank in a $100m deal.
San Francisco-based Cardless, developer of a platform for sports teams and other brands to create branded credit cards, raised $40m in a Series B funding round led by Activant Capital.
Santander has started the roll-out of its CashFlow Manager app for businesses in the UK market.
Workforce management platform Papaya Global has raised $250m from a Series D funding round led by Insight Partners and Tiger Global.
A recent blogpost by Currencycloud has scrutinised how innovation in the WealthTech market is driving the rise of the neo-broker in wealth management.
A recent report by FinTech Saudi has found how Saudi Arabia’s FinTech market has seen a 37% hike in new companies with investment exceeding SAR$1.3bn ($347m).
South African FinTech startup Ozow has raised $48m in Series B funding, led by internet and technology company Tencent.