What last week’s 31 FinTech investments means for the PayTech sector
Out of the 33 FinTech funding rounds we reported on last week, PayTech companies and lending enterprises were the clear winners.
India-based Kredent said to raise $1.3m in funding
FinTech solution developer Kredent has reportedly secured $1.3m in growth funding.
Weavr bags £7m funding to speed up internalisation, product development
Banking and payments software startup Weavr has secured £7m in a seed funding round led by VC firm Headline.
Quantexa unveils latest version of risk detection tool to aid financial crime fight
Data and analytics software company Quantexa has introduced the latest updated version of its contextual monitoring and investigations solution Quantexa Syneo
Study anticipates over half of global population to use mobile wallets by 2025
A study by US mobile payments firm Boku gr has found that more than one in two people globally will use a mobile wallet by 2025.
FinTech fidomoney unveils business account offering in UK market
York-based FinTech startup fidomoney has launched its business current account service to consumers in the UK.
Study finds majority of SMEs want human-digital hybrid banking approach
A study by Cynergy Bank has found up to 78% of SMEs want the digital transformation of banking to be balanced with a human constituent to offer a hybrid approach.
Financial companion Juni bags $21.5m in three months since its beta launch
Juni, a financial companion for entrepreneurs, has collected $21.5m in funding, just three months after its beta launch.
Moneyhub said to close $18m funding round to aid expansion efforts
Open finance hub Moneyhub has reportedly collected $18m in a funding round to support its expansion into new markets. Direct Line founder Sir Peter Wood...
Crown Agents Bank introduces new pensions management tool
Crown Agents Bank has launched Empower Pensions, a new end-to-end pensions management platform.
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