Routable hauled in $30m in a Series B round led by Sam and Jack...

San Francisco-based B2B payment platform Routable raised $30m in Series B funding led by CEO of Open AI and former president of Y Combinator Sam Altman and CEO of Lattice Jack Altman.

Customers accuse Curve of incurring higher fees by sending them corporate cards they didn’t...

UK FinTech is facing criticism again after customers received cards with higher fees than what they asked for.

Clara eyes LatAm expansion following $30m Series A

Mexican card and spend management company Clara has closed a $30m Series A round led by DST Global Partners.

Currencycloud becomes a Visa company

Visa has officially acquired cross-border payments firm Currencycloud in a deal valued at £700m.

Nearly £2bn lost annually by online retailers due to lack of available payment methods

A survey by Merchant Advice Service has found over £1bn is lost every year by online retailers due to a lack of available payment methods.

Ecommerce fraud losses of $20bn expected in 2021, China to be key fraud market

A new study by Juniper Research has highlighted it expects over $20bn in ecommerce losses this year due to online payment fraud – a rise of 18% compared to 2020.

Why the 25 FinTech rounds from last week mean huge things for buy now...

Buy now pay later companies continued their winning streak last week as 25 FinTechs raised big rounds.

B2B payment solution Previse raises $7m Series A

B2B payment solution Previse has raised $7m in its Series A round of funding, to help it meet growing demand.

Revolut rolls out direct debit service in the UK

Having already unveiled the ability to set up euro direct debits last year, Revolut has now added the feature to UK pounds.

Asian market consolidation on the mind of XanPool as it nets $27m Series A

Payment infrastructure builder XanPool has raised $27m from a Series A funding round led by Valar Ventures.

News Stories

etf-investment-investengine-launches

ETF investment service InvestEngine launches second crowdfund

InvestEngine, an Exchange-Traded Fund (ETF) investment platform, has launched a second crowdfunding campaign to capitalise on a strong year of growth.
J.P. Morgan to pilot biometric payments in US

J.P. Morgan to pilot biometric payments in US

J.P. Morgan is launching a pilot of biometrics-based payments with select retailers in the US.
Top-two-deals-dominate-in-this-weeks-25-funding-rounds-fintech

Top two deals dominate in this weeks’ 25 deals

This week saw 25 deals take place across the FinTech sector. Two high-value raises of $270m and $250m lead the charge this week, accounting for over half of the amount raised by the top 10 deals all together. 
SteelEye integrates ChatGPT with its surveillance platform

SteelEye integrates ChatGPT with its surveillance platform

 SteelEye, which claims to be the first and only integrated surveillance solution, has integrated ChatGPT into its compliance platform.
Why compliance teams need to bring automation across deal flow

Why compliance teams need to bring automation across deal flow

Regulatory compliance tech vendor eflow Global is working with Portfolio Bi, a developer of investment management software and services, to help managers meet regulator and investor requirements.

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