PayPal Ventures invests £9m into Modulr

Payments provider Modulr has added another £9m to its coffers on the back of an investment from PayPal Ventures, which will fund the scaling of the business.

Israel-based UNIPaaS closes its first external batch of funding

UNIPaaS, which provides payment services to digital marketplaces, has closed its first external funding round.

Osu collects ?2.25m in its seed round

Osu, a payment app for self-employed, has reportedly collected ?2.25m in its seed funding round.

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.

Revolut Business unveils Invoices to bolster payments in Europe

Revolut Business has launched an invoice feature to help companies in the UK and the EU streamline their payments.

Volt secures $23.5m in its Series A round as it eyes new territories

Volt, an open payments gateway, has scored $23.5m in its Series A round, which will help it expand into new countries.

Currencycloud highlights the rise and evolution of invoice finance

Cross-border payment technology developer CurrencyCloud has recently posted a blogpost detailing the ‘rise and evolution’ of invoice finance.

Rio Ferdinand-backed Sokin unveils subscription payments platform in UK, Europe

London-based PayTech firm Sokin has introduced the first subscription-based global payments solution in the UK and European markets.

pingNpay eyes 2022 launch for global retail micropayments network

pingNpay, a global micropayment network supported by blockchain technology, has revealed it intends to make its network operational by 2022.

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

LendingClub reveals the strain of seasonal expenses on US financial health

LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, and PYMNTS Intelligence have partnered to shed light on the financial challenges faced by US consumers.
Praxent

Robin Smith takes on Chief Revenue Officer role at Praxent

Praxent, a financial services digital consultancy, has expanded its leadership by ushering in Robin Smith as Chief Revenue Officer. Smith, an enthusiast of FinTech and...
ESMA

ESMA shifts focus: Navigating the digital and green transitions in 2024

The European Securities and Markets Authority (ESMA) has recently unveiled its work programme for 2024.
This week saw the FinTech sector flounder compared to seven days ago, as the space failed to meet the $1bn mark in deals completed.

FinTech sector drops this week with only 24 deals

This week saw the FinTech sector flounder compared to seven days ago, as the space failed to meet the $1bn mark in deals completed.
SEC

SEC reviews Scope 3 emissions in upcoming climate disclosure rules

The U.S. SEC has received feedback against the inclusion of Scope 3 emissions in their proposed climate disclosure rule.

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