Why FinTechs are helping to democratise corporate remittance
A recent blogpost by Currencycloud has detailed how the FinTech sector is helping to level the playing field in the corporate remittance market.
Emerging markets set to lead mobile wallet uptake by 2025
A global study by Boku has found that emerging markets in Latin America and Africa and the Middle East are set to see the largest uptake in mobile wallets by 2025.
TrueLayer collects $130m in round led by Tiger Global and Stripe
Open banking platform TrueLayer has closed a $130m fundraise, which was led by Tiger Global and Stripe.
Wise introduces multi-currency investment solution to UK market
Wise has unveiled a new multi-currency investment feature that will give people and companies in the UK more autonomy in deciding how their money is held.
Banking startup Kernolab inks $1m in pre-seed funding
Lithuanian FinTech Kernolab has raised $1m in a pre-seed funding round headed by venture capital firm Lighthouse Ventures.
Monese unveils new BaaS platform, enters partnership with Investec
Challenger bank Monese has entered a strategic partnership with Investec Bank following the recent introduction of the former’s banking-as-a-service (BaaS) platform.
Zūm Rails unveils new anti-fraud tools to strengthen payment security
Open banking firm Zūm Rails has introduced a new set of anti-fraud tools to bolster the security of its Instant Deposit feature on its platform.
China set to introduce digital yuan by early 2022
The People’s Bank of China (PBOC) has revealed it aims to fully launch the e-CNY digital currency by February 2022.
Neobank FloBiz seeks expansion following Sequoia-led Series B
Flobiz, an Indian neobank for small-and-medium sized businesses in India, has secured $31m in funding from a Series B round.
SellersFunding closes sizable Series A on $166.5m
SellersFunding has reportedly raised $166.5m in a sizable Series A round, which will bolster its international growth.
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