Saudi Arabia-based SIFI scores pre-seed funding
SIFI, a Saudi Arabia-based FinTech company, has closed its pre-seed round on an undisclosed amount.
Monneo and Kantox partner for banking-beyond-borders
Virtual IBAN and corporate account provider Monneo has partnered with Kantox to offer currency management automation on cross-border payments.
Sokin links with Visa to offer digital accounts across Asia Pacific
Payments provider Sokin has teamed with Visa to roll-out its global currency account and debit cards across Asia Pacific.
Hyer teams up with Catch for new era of work
Hyer, a leading on-demand labour app connecting businesses to independent workers in the gig economy, has partnered with payroll and financial services provider Catch to extend modern benefits to independent contractors.
Rewire to protect European migrant community with Quover and AIG
FinTech start-up Rewire, which develops an online financial services platform for expatriate workers, has partnered with InsurTech Quover and insurer AIG to protect its customers.
France-based Pennylane collects €50m
France-based Pennylane, a full-stack financial management platform, has collected €50m in its Series B, as it looks to bolster its development efforts.
How Ayoconnect intends to ‘bank the unbanked’ in Indonesia
Southeast Asian open finance platform Ayoconnect has closed a $15m Series B funding round led by Tiger Global.
Circula rides expense management wave with ?12m Series A
German corporate expense management platform Circula has raised ?12m from a Series A funding round as the expenses management market continues to heat up.
Walmart-backed Hazel to acquire Even and One
Hazel, the independent FinTech launched in partnership with Walmart and leading investment firm Ribbit Capital, has entered into an agreement to acquire FinTech platforms Even and ONE, as the company emerges from stealth.
UBS expands US foothold with Wealthfront take-over
Investment bank UBS has entered into an agreement to acquire automated wealth management provider Wealthfront in a $1.4bn all-cash deal.