Newly founded Primer closes another funding round this year

Primer, a low-code payments infrastructure and online checkout API, has scored ?14m in its Series A funding round, led by Accel.

PayEm continues strong 2021 with $27m funding raise

Global spend and procurement platform PayEm has pulled in $27m in funding over two rounds following a strong fiscal 2021.

Global payments startup Endpoint Payment Solutions nets pre-seed

Endpoint Payment Solutions, which offers a global payments solution, has closed its pre-seed round on an undisclosed amount.

MC Payments lands $4.4m for digital payments

Singapore-based payments solutions Mobile Credit Payment (MC Payment) has raised S$6m ($4.4m) in Series B financing.

Chipper Cash expands to Nigeria together with PayStack

San Francisco-based Chipper Cash is expanding its cross-border payment services to Nigeria together with PayStack, the payment gateway company.

Medxoom closes $8m in funding to deepen its product suite

Medxoom, a healthcare platform helping to streamline payments, has closed an $8m investment as it looks to deepen its product suite.

Spend management giant Brex breaks decacorn status

US-based corporate spend management firm Brex, has raised an additional $300m in a Series D-2 round led by Greenoaks Capital and Technology Crossover Ventures (TCV).
fintech-news

AdvicePay secures $500k seed round led by Goodworks, Front Street

Payment processing solution AdvicePay has closed a $500k seed round of funding led by Goodworks Ventures and Front Street Capital.

Invoice payment company Previse scores $11m in new round

Previse, which helps suppliers get paid instantly, has bagged $11m in its latest funding round which was led by Reefknot Investments and Mastercard.

Rapyd to acquire payments firm Valitor for $100m

US payments network Rapyd is set to purchase Icelandic company Valitor from Arion Bank in a $100m deal.

News Stories

European

European Commission unveils green claims rules to prevent consumer greenwashing

The European Commission has unveiled a new directive that will require companies to verify their environmental claims and labels.
Crypto

Crypto lobby group calls for UK ‘white list’ to prevent market restrictions

CryptoUK has called for UK banks to be given a ‘white list’ of registered crypto firms to avoid firms in the industry getting ‘debanked’.
Compsicence-nationwide-swiss-re-team-up-for-workers-compensation-policies

CompScience, Nationwide and Swiss Re team up for workers’ compensation policies

CompScience Insurance Services has entered a managing general agent (MGA) agreement with Nationwide and Swiss Re to underwrite, bind and service workers’ compensation policies.
spanish-fintech-id-finance-bags-€30m-in-funding-retail-banking-and-finance-solutions

Spanish FinTech ID Finance bags €30m

ID Finance, a Spain-based FinTech offering retail banking and finance solutions, has raised €30m in funding.
transaction

What is transaction monitoring in 2023?

The traditional focus of transaction monitoring has been to help regulated firms in the banking and finance sector to detect and prevent money laundering.

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