Brazil-based Swap said to raise $3.3m in funding
Swap, a Brazilian FinTech helping companies access payments, has reportedly raised $3.3m in a funding round.
Germany’s finance minister calls for more intense scrutiny from regulators after the Wirecard scandal
As the Wirecard scandal continues to cause shock waves across the FinTech industry, Germany's lawmakers are calling for a total revamp of the regulatory oversight system.
Payments platform Banked reportedly secures $2.35m in seed round
Banked, which support real-time payments, has reportedly secured $2.35m in a seed funding round led by Force Over Mass.
Businesses to drive total virtual cards transactions growth by 3x to reach $5trn by...
Transactions processed by virtual cards is expected to treble over the next five years to exceed a colossal $5trn, a new study from Juniper Research claims.
WEX closes $400m investment from private equity firm Warburg Pincus
WEX, which builds simplified payment systems for businesses, has closed a $400m investment from private equity firm Warburg Pincus.
Holvi cards suspended because of the Wirecard scandal
Holvi, the digital banking platform for freelancers, has become the latest FinTech firm to be swept up in the Wirecard scandal.
KBC is the lastest bank to accept payments through wearable technology
Belgian bank KBC is from now on enabling its customers to use wearable technology to conduct contactless payments.
TerraPay partners with Visa to develop payment solutions that drive financial inclusion
TerraPay, the payments infrastructure company, and Visa have formed a strategic partnership to develop and deliver payment solutions to drive financial inclusion.
Healthcare payments app Cedar nets $102m in its Series C round
Cedar, a FinTech helping to simplify the financial experience for patients, has netted $102m in its Series C round, which was led by Andreessen Horowitz.
Online payment technology developer SYNQA closes $80m Series C
Thailand-based SYNQA, which designs online payment and blockchain technology, has raised $80m in its Series C round.
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