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."
Could Checkout.com just have become Europe’s most valuable FinTech startup after tripling its valuation...
London-headquartered Checkout.com has just raised a $150m Series B funding round that saw it triple its valuation to $5.5bn, making it one of Europe's...
FinTech giant Wirecard in deep trouble after $2.1bn goes missing
German Wirecard saw its shares plunge by as much as 60% after the payment company revealed that €1.9bn ($2.1bn) was missing just as it was about to file its financial statements for 2019.
Chipper Cash closes $13.8m Series A round led by Deciens Capital and Raptor Group
Mobile cross-border money transfer startup Chipper Cash plans to hire 30 more staff members after bagging $13.8m in fresh capital.
PayPal says black lives matter and commits to a $530m pot to support black...
PayPal has announced that it has had enough of racial inequality in the US and has made a $530m commitment to support black and minority-owned businesses and communities across the nation.
Global payment as a service market to be worth $25.7bn by 2027
Digital transformation and changing consumer demands are driving the maturation of the global payment as a service market at an expected compound annual growth rate of 16.9% in the next seven years.
iBanFirst raises €21m round despite lead investor reportedly dropping out
French FinTech iBanFirst has successfully raised €21m ($23.8m) in a Series C round, but things could reportedly have gone very differently.
Bill payment service Ayoconnect said to raise $5m in its pre-Series B round
Indonesia-based Ayoconnect has reportedly bagged $5m in its pre-Series B round to continue its goal of increasing financial inclusion.
The 35 FinTech deals from the last week that you can’t afford to miss
Keeping up with all the comings and goings of the FinTech space is far from easy, but don't worry. We've got you covered with the deals that sent shock waves across the sector in the last week.
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.
© FinTech Global © Copyright 2024. All rights reserved.
