Banking Infrastructure

Sweden’s Trustly scraps $950m IPO plans after review by Swedish FCA

Swedish FinTech Trustly has shelved its $950m IPO plans following a review by regulators which raised issues over due diligence procedures.

Stocard introduces post-purchase protection to provide users insurance

German FinTech company Stocard has launched a free buyers’ protection for all users of its Stocard Pay platform.

Michael J Fox, Ryan Reynolds and Drake among the stars backing Wealthsimple’s C$750m latest...

Canadian FinTech company Wealthsimple has raised C$750m from a funding round led by Greylock and Meritech.

Corporate spend management firms and celebrity-backed companies among the 42 FinTech rounds raised last...

A Jared Leto-backed startup, family-focused FinTech firms and corporate spend management companies were among the big winners of the 42 funding rounds reported on last week.

JP Morgan team with DBS, Temasek to launch joint payments firm

JP Morgan has partnered with DBS Bank and Singapore government-owned firm Temasek to introduce a new joint payments company.

Virgin Money teams with UK FinTech firm to bolster lending offering

Virgin Money has partnered with FinTech company Trade Ledger to deliver a quicker, more user-friendly experience for business customers applying for lending.

Stripe eyes bolstered internet firm tax compliance through TaxJar purchase

Payments giant Stripe has entered into an agreement to purchase sales tax software enterprise TaxJar to improve tax compliance rates for internet firms.

Vivid Money bags $60m Series B to expand across Europe

Berlin-based challenger bank Vivid Money has raised $60m from a Series B funding round led by Greenoaks.

Yapily ties up with Osu to eliminate payments fees for the self-employed

London-based invoicing and payment app Osu entered into a partnership with open banking infrastructure provider Yapily to eliminate payment fees for self-employed professionals and entrepreneurs.

FOMO teams with Atome to expand BNPL across Asia

Singaporean payments company FOMO Pay has partnered with buy now pay later (BNPL) firm Atome to expand the use of BNPL in Asia.

News Stories

FinTech

Another strong week for FinTechs with 26 deals recorded

FinTech Global reported on another powerful week in the FinTech sector, with a total of $783m raised across 26 deals.   This top performing deal...
FutureMoney launches micro-investing app to help families secure financial future

FutureMoney launches micro-investing app to help families secure financial future

FutureMoney, a FinTech company founded by industry veterans, has launched a new micro-investing platform aimed at helping families build generational wealth.
Camwood and Pentaho team up to enhance data analytics capabilities

Camwood and Pentaho team up to enhance data analytics capabilities

Camwood, a leading IT consultancy specialising in digital evolution through the lens of applications, has partnered with Pentaho, a subsidiary of the Japanese multinational conglomerate Hitachi, to bring its data analytics platform to market via a new managed services offering.
Erste Bank Hungary introduces innovative flight delay insurance with Companjon

Erste Bank Hungary introduces innovative flight delay insurance with Companjon

Erste Bank Hungary has launched Flight Delay Insurance, a new service available to its customers in the George app.
Dwolla partners with Visa to enhance account verification in pay by bank

Dwolla partners with Visa to enhance account verification in pay by bank

Dwolla, a leading U.S.-based account-to-account (A2A) payment solution provider, has announced a strategic collaboration with Visa, a world leader in digital payments.

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