Sector Updates

TerraPay expands in Europe with Pay2Global acquisition

Mobile international payments network TerraPay is acquiring Pay2Global in a deal that will allow it to expand around European markets. The size of the deal is undisclosed.
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Small World passes 50 million transactions milestone

UK remittance service Small World FS has reached a new milestone having processed more than 50 million cross-border payments to date.
fintech insurtech wealthtech regtech ai cybertech esg news

Paytm pockets $60m of $300m target

One97 Communications, which operates Indian m-commerce platform Paytm, has raised $60m as a first step towards reaching a targeted $300m for its new round of funding.

Behalf brings in $27m for small business purchasing power

New York-based Behalf has raised $27m in a Series C round of funding to continue offering purchasing power to small business.
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Jumio lands $15m for payment verifications

Identity verification startup Jumio has raised $15m in a new round of funding after its assets where acquired by Centana Growth Partners in May.

Kufu Takes $4.9m for automated HR platform

Kufu, a Japanese company developing HR automation platform SmartHR, has raised ?500m ($4.9m) in a new round of funding led by WiL (World Innovation Lab).
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LoanTap grabs $3m to lend to professionals

LoanTap, a Mumbai-based online lender, has raised $3m in a Series A round. The capital comes from angel investors.

Ipreo expands market intelligence service to private companies

Business intelligence firm Ipreo is expanding its service into private companies as more highly-valued firms choose to hold off IPOs.
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MobiKwik lands $40m strategic investment from Net1

Indian digital wallet MobiKwik has secured a deal with South African mobile payments firm Net1 that will see it receive $40m over two years as a strategic investment.

Credit Kudos lands $792,000 for data-driven credit scores

Credit Kudo is taking on ?600,000 ($792,000) in a round of seed funding led by FinTech VC NFT Ventures.

News Stories

compliance

The compliance bottleneck draining bank resources

Something quietly broken sits at the heart of financial crime compliance at most major banks: the screening systems are working perfectly, and that is...
euro

Digital euro cleared by EU committee in payments power shift

The European Parliament's Economic and Monetary Affairs Committee has approved the digital euro, a central bank-backed digital currency designed to reduce Europe's dependence on...
EBA

EBA aligns Pillar 3 framework with EU green agenda

The European Banking Authority (EBA), the EU's banking regulatory body, has published final draft Implementing Technical Standards (ITS) that overhaul its Pillar 3 disclosure...
US FinTech funding

US FinTech deal activity grew 33% YoY in Q1 2026 driven by surge in...

Key US FinTech investment stats in Q1 2026: US FinTech deal activity grew 33% YoY Deals under $100m surged 29% as investors diversified interest...
Airwallex

Airwallex raises $320m Series H at $11bn valuation

Airwallex, a global payments and financial platform, has closed a $320m Series H funding round, pushing its valuation to $11bn from $8bn just six...

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