Payoneer lands $180m for cross-border business payments

Cross boarder payments service for businesses Payoneer has raised $180m in a round led by late-stage investor Technology Crossover Ventures (TCV).

Fundbox secures more than $300m in debt and equity round

Fundbox, a B2B payments and credit network, has raised $176m in its Series C growth equity round and a $150m credit facility.

Yoello scores a undisclosed investment from Hodge

Yoello, which helps businesses accept mobile payments, has received an undisclosed investment from Welsh Bank Hodge.

Colombian PayTech Bold scores Series B

Bold, which helps Colombian businesses accept electronic payments, has collected $55m in its Series B funding round.

TrueAccord nets $22m Series B led by Arbor Ventures

Debt collection platform TrueAccord has netted $22m in its Series B funding round, led by Arbor Ventures.

Soldo launches new solution to help governments, local authorities and NGOs distribute emergency funds...

As the COVID-19 crisis continues to grow, spend management platform Soldo has launched a new solution named Soldo Care to enable governments, local authorities, and NGOs to distribute emergency aid to vulnerable citizens via Mastercard prepaid cards.

Yoco secures South Africa’s largest single investment raised by a payments company

South African payments company Yoco has secured $83m in its Series C, which it claims to be the largest single investment raised by a small business-focused payments platform in the Middle East and Africa.
Ryft bags seed round for PSD2 compliant payments system

Ryft bags seed round for PSD2 compliant payments system

Ryft, a PSD2 compliant payments system, has closed a seed round, which was led by UK-based investor SFC Capital.
fintech-news

DadeSystems closes strategic investment, partnership from Fifth Third

DadeSystems, an integrated receivables solutions developer, has received an undisclosed strategic investment from Fifth Third Bank.

Currencycloud invests £1.5m into its long-term remote working strategy

Currencycloud, an embedded cross-border solutions platform for financial services, is investing £1.5m into its new remote-first working strategy.

News Stories

BIS

BIS Innovation Hub launches new stablecoin, CBDC programs

The BIS Innovation Hub has unveiled its 2023 work program, which involves projects on areas such as CBDC, DeFi and stablecoins.  
Struggling Brits eager for tailored support during cost-of-living crisis

Struggling Brits eager for tailored support during cost-of-living crisis

The cost-of-living crisis is putting 37 million Brits at risk of financial distress, a report from Tink suggests banks need to offer them some support.
Carbonplace

Group of banks invest $45m in Carbonplace

A group of nine banks have invested $45m into Carbonplace, a global DLT-based carbon credit transaction network.
top 10 deals in Indonesia 2022 chart

Just five deals accounted for 56% of FinTech investment in Indonesia during 2022

Key Indonesian FinTech Statistics in 2022: • Indonesian FinTech companies raised $2.5bn in 2022, a 56% increase from 2021 • Overall, there were 79 FinTech deals...
Temenos emissions reduction targets get validation

Temenos emissions reduction targets get validation

Temenos, an enterprise software developer for banks and financial services, has received validation from Science Based Target initiative (SBTi) for its emissions reduction targets.

Download the free AIFinTech100 report

FREE

Download the AIFinTech100 report for 2022 with details on each solution

120,000+ FinTech leaders get exclusive industry stories delivered every week