Anchor closes seed, takes on automated billing
Autonomous billing platform Anchor has completed a $15m seed-funding round as it comes out of stealth. The round was led by Rapyd Ventures, the new...
How did Singapore beat China to become Asia’s biggest FinTech investment destination?
Singapore is hotbed for FinTech innovation that has overtaken China as the biggest investment destination in the region. However, its leadership position is far from certain.
UK Chancellor examines case for new Britcoin digital currency
UK Chancellor of the Exchequer Rishi Sunak has told the Bank of England (BOE) to look at the case for a potential Britcoin or central-bank-backed digital currency.
dLocal snares $150m investment, names new COO and president
Uruguayan payments platform dLocal has secured $150 million from a recent funding round led by investment firm Alkeon Capital.
Traditional banks who don’t innovate could lose $280bn by 2025
The global payments industry could cash in on an additional $500bn by 2025, but at the same time old school bankers could lose $280bn of that by not adopting new technology.
Card issuing powerhouse Marqeta backs Connexpay in Series B raise
Payments gateway ConnexPay has snared $20m from a Series B funding round headed by card issuing giant Marqeta.
SlimPay to expand account-to-account payments through Tink
Payments firm SlimPay and open banking platform Tink have teamed up to provide merchants access to open banking powered account-to-account payments.
BlueSnap, BitPay partner to improve crypto payments
Global payment orchestration platform BlueSnap has partnered with BitPay, a bitcoin and cryptocurrency payment services provider, to improve access to crypto business payments.
Wirecard’s CEO leaves company after search for missing €1.9bn hits a dead end
The Wirecard scandal sweeping across the European FinTech space intensified over the weekend with CEO Markus Braun leaving the company as the board says the missing €1.9bn ($2.1bn) "do not exist."
Rapyd to expand its global reach through new Visa agreement
FinTech solution integrating expert Rapyd has made no secret of its global ambitions. Now, the unicorn has taken another step to realising its vision through a new Visa partnership.
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