Arex secures €8.8m Series A to speed up UK, Spain rollout
Spanish invoice finance firm Arex Markets has bagged $8.8m in a Series A funding round that has enabled it to accelerate its launch in the UK and Spain.
Enfuce teams with Visa to accelerate FinTech payment card issuing
Finnish FinTech Enfuce has entered a collaboration with Visa aimed at supporting European FinTechs in launching their own payment card within eight weeks.
Tred, Nium partner to launch sustainable debit card
UK FinTech Tred has teamed with B2B payments firm Nium to be the card-issuer for its new sustainable green debit card.
Temenos eyes China market entry following Huawei certification
Swiss banking technology company Temenos has become the first banking software provider to be certified with Huawei’s infrastructure and public cloud.
EU plans to roll-out digital wallet for payments by 2022
The European Union has revealed it intends to introduce a new digital wallet that will be available for use across all 27 member states by 2022.
Bench closes Series C to support relaunch
Bookkeeping platform for small businesses Bench has closed its Series C funding round on $60m to support its product relaunch.
FCA warns cryptocurrency companies are failing to meet UK AML requirements
The Financial Conduct Authority (FCA) has said a ‘significantly high’ amount of cryptocurrency firms are not meeting UK requirements on money laundering prevention.
Expense management firm Jeeves emerges from stealth with Andreessen Horowitz-led round
Jeeves, an all-in-one global expense management platform for startups, has emerged from stealth with $131m in total funding, including $31m in equity and $100m in debt financing.
Cybersecurity firm led by former Facebook exec [redacted] launches with $35m
San Francisco-based cybersecurity startup [redacted] emerged from stealth with $35m in Series B funding.
Payroll API for neobanks Pinwheel picks up Coatue-led $20m round
Payroll connectivity platform Pinwheel secured $20m in a Series A funding round led by Coatue.
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