mx51 collects $25m in its first major investment round
Payments as a service platform mx51 has collected $25m in a funding round supported by Mastercard.
Zeta secures unicorn label following $250m Series C
Indian neobank startup Zeta has received unicorn status after a $250m Series C funding round took it to a $1.45bn valuation.
Contactless payment market anticipates soaring growth into 2025
A study has found the mobile contactless payment market is expected to grow by 24% in 2021 to around $2.489trn.
EBA publishes findings of EU-wide bank climate risk exercise
The European Banking Authority (EBA) has published the findings from its first EU-wide pilot exercise on banks’ exposures to climate risk.
Thunes scores $60m in Series B after 100% YoY growth
Singapore-based Thunes, a B2B payments company, has bagged $60m in its Series B after a 100% growth rate over the past year.
Card issuing platform Lithic closes Series B after strong period of growth
Lithic, a card issuing platform to enable the simple creation of cards, has closed its Series B round on $43m.
Planet launches integrated digital payments service across Europe
Irish payments company Planet has introduced an integrated digital payments service for multinational companies across Europe.
Deutsche Bank joins forces with PayTech Silverflow to build new payment tech stack
Banking giant Deutsche Bank teamed up with NL-based Silverflow to launch new payment solutions for corporate banking clients in Germany and PSPs across Europe and the US.
Clair partners with MetaBank, Galileo to expand user accessibility
US FinTech Clair has partnered with sponsor bank MetaBank and payments processor Galileo to bolster user accessibility on its platform.
Tink bolsters open banking offering with FinTecSystems purchase
Swedish open banking startup Tink is set to acquire German firm FinTecSystems for an undisclosed amount.
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