Mastercard, Billetera team to provide digital payments in DR Congo
Payments giant Mastercard has collaborated with Billetera to offer digital payments to consumers in the Democratic Republic of Congo (DRC).
Novus to launch beta banking app as it prepares for summer roll-out
UK-based banking company Novus is due to launch its beta banking app in the coming weeks before introducing the product to the wider public in summer 2021.
Virginia VC closes seed, pre-seed fund to support LatAm FinTechs
Virginia-based venture capital enterprise Qed Investors has concluded a $12m network-driven fund to bolster seed and pre-seed FinTech companies in Latin America.
More vigorous action needed on money laundering, BaFin tells Deutsche Bank
German financial regulator BaFin has told banking giant Deutsche Bank it needs to introduce stronger action on money laundering.
Bill.com acquires spend management company Divvy in $2.5bn deal
Cloud-based financial operations management platform Bill.com has acquired spend management unicorn Divvy in a $2.5bn deal.
InvestCloud acquires Advicent to help bridge the advisor-client communication gap
Cloud-based financial solutions developer InvestCloud has acquired Advicent, a provider of cash flow, trust and tax financial planning.
AI chatbot developer Ada joins the unicorn club after Series C close
Automated customer experience software developer Ada has netted $130m in its Series C round, which puts its valuation at $1.2bn.
Railz reels in $12m to help FinTechs access financial data
Canada-based API developer that enables financial institutions and FinTechs to get real-time access to their customers’ accounting data Railz raked in $12m in Series A funding.
Visa-backed Railsbank teams up with Plaid for embedded finance
Banking-as-a-Service platform Railsbank and Plaid have joined forces enabling companies in the UK to instantly accept bank payments within their app or website.
Visa, Tala partner to bolster crypto adoption in emerging markets
Visa has partnered with Santa Monica-based FinTech startup Tala to offer easier access to cryptocurrencies for people in emerging markets.