Brazil’s FinTech landscape reshaped: Ebury takes over Bexs Group
Ebury, the global FinTech giant, proudly declares its successful acquisition of Bexs Group. The Central Bank of Brazil has given the green light to this strategic partnership, which encapsulates both Bexs Banco, specialising in foreign exchange, and Bexs Pay, a name synonymous with payments.
First Bank adopts CorServ’s cutting-edge credit card program
First Bank selects CorServ’s comprehensive credit card program to serve business and consumer customers
Finmid secures €35m to revolutionise embedded financing for B2B platforms across Europe
Finmid, the Berlin-based FinTech innovator, has announced a significant €35m funding round as it emerges from stealth mode.
Airpay picks up $3.6m for enterprise payments
Enterprise payments service Airpay has picked up $3.6m as part of its Series A. Kalaari Capital led the round for the Mumbai-based company.
Spain-based Holded secured $1.6m round led by Nauta
Business management company Holded has secured a $1.6m equity round from Nauta Capital.
LL Funds leads $60m Series A for construction industry payments pioneer Billd
Philadelphia investment house LL Funds has led a $60m Series A round for fintech startup Billd, which is aiming to revolutionise payments in the construction industry.
Meet the entrepreneurs behind Up, Australia’s first digital bank
Up launched in October 2018. However, the founder reveals it was far from clear that the company would ever see the light of day.
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.
SumUp partners with Mastercard for new business card
Point of sale developer SumUp will launch a new card for business payments in partnership with Mastercard.
Stellar Development Foundation injects $550,000 into SatoshiPay despite COVID-19 restrictions
SatoshiPay is set to keep developing its B"B solution after the the Stellar Development Foundation made a strategic investment of $550,000 by way of convertible loan notes into the company.