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Neobanks and InsurTech startups among the 23 FinTechs raising money last week

Challenger banks and InsurTech ventures stood out among the 23 FinTech companies that successfully raised money last week.

XTransfer said to raise its Series C1 round

China-based XTransfer has reportedly raised a Series C1 round to help the FinTech extend its global financial network.

Silverflow bags €3m round to help prepare for its 2021 launch

Global payments technology developer Silverflow has closed a €3m investment to support its launch in 2021.

ShopUp collects $22.5m in new funding

Dhaka-headquartered ShopUp has raised $22.5m in what could be the biggest Series A funding round ever in India.

Visa buys stake in Global Processing Services

Payment giant Visa has made a strategic investment into Global Processing Services (GPS), a payments issuer processor.

Finexio secures $23m in new investment round

Payments as a service company Finexio has netted $23m in a round led with a strategic investment from Medalist Partners, an alternative credit manager based in New York.

The transforming retail space to grow digital payments market to be worth $154.1bn by...

The digital payment industry is set to grow to be worth $154.1bn by 2025, according to new research.

Marqeta extends partnership with Mastercard alongside fresh investment

Card issuing company Marqeta has received an investment from Mastercard, alongside a deepening of their global partnership.

Paynetics buys Wirecard’s corporate card portfolio

FinTech Paynetics has acquired the corporate payout card portfolio of Wirecard UK and Ireland.

Payments company CHAI said to raise $60m in Series B round

South Korean payments company CHAI has reportedly scored $60m in its Series B funding round, which will bolster its global expansion efforts.

News Stories

Fresh Financials Group expands UK presence with AccountsForMe acquisition

Fresh Financials Group expands UK presence with AccountsForMe acquisition

Fresh Financials Group, renowned for its innovative cloud-based financial services as a Xero Platinum Partner, is proud to announce its recent acquisition of AccountsForMe.
OneCard partners with Razorpay to enhance credit card repayment efficiency in India

OneCard partners with Razorpay to enhance credit card repayment efficiency in India

OneCard has teamed up with Razorpay to revolutionize the credit card repayment process, catering to the burgeoning market of tech-savvy consumers.

Two companies reach unicorn status in this week’s FinTech funding rounds

The FinTech sector saw a pair of new unicorn's emerge following a host of successful tranches across the space, as $827.5m was raised throughout this week's FinTech funding rounds.
Jifiti's Tap Now, Pay Later transforms digital wallet transactions

Jifiti’s Tap Now, Pay Later transforms digital wallet transactions

Jifiti has unveiled its latest breakthrough in financial technology, the Tap Now, Pay Later™ system, which facilitates effortless loan deployments for banks through all major digital wallets at any sales point.
Kuady targets Bulgarian fintech talent with new office opening

Kuady targets Bulgarian FinTech talent with new office opening

Kuady has announced the establishment of a new office in Sofia, Bulgaria, designed to accommodate over 100 employees.

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