Ableton offers US music customers monthly instalments through Splitit

Splitit Payments, a monthly instalment payments solution business, has signed a partnership with Ableton AG, the music software provider.

PayPal pulls the plug on PornHub performers’ payments

Thousands of performers on pornography website PornHub have reportedly been cut off from using PayPal’s services.

Standard Chartered forms joint venture with Assembly Payments for new Singapore-based business

Standard Chartered has begun a joint venture with Assembly Payments to create new payment solutions.

22 FinTech funding rounds from the last week and what they tell you about...

From challenger banks to stock trading apps, the last week has seen a smattering of both massive funding rounds and smaller seed investments.

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.

PayPal Ventures invests £9m into Modulr

Payments provider Modulr has added another £9m to its coffers on the back of an investment from PayPal Ventures, which will fund the scaling of the business.

Israel-based UNIPaaS closes its first external batch of funding

UNIPaaS, which provides payment services to digital marketplaces, has closed its first external funding round.

Osu collects ?2.25m in its seed round

Osu, a payment app for self-employed, has reportedly collected ?2.25m in its seed funding round.

Ecommerce fraud losses of $20bn expected in 2021, China to be key fraud market

A new study by Juniper Research has highlighted it expects over $20bn in ecommerce losses this year due to online payment fraud – a rise of 18% compared to 2020.

Revolut Business unveils Invoices to bolster payments in Europe

Revolut Business has launched an invoice feature to help companies in the UK and the EU streamline their payments.

News Stories

LendingClub reveals the strain of seasonal expenses on US financial health

LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, and PYMNTS Intelligence have partnered to shed light on the financial challenges faced by US consumers.
Praxent

Robin Smith takes on Chief Revenue Officer role at Praxent

Praxent, a financial services digital consultancy, has expanded its leadership by ushering in Robin Smith as Chief Revenue Officer. Smith, an enthusiast of FinTech and...
ESMA

ESMA shifts focus: Navigating the digital and green transitions in 2024

The European Securities and Markets Authority (ESMA) has recently unveiled its work programme for 2024.
This week saw the FinTech sector flounder compared to seven days ago, as the space failed to meet the $1bn mark in deals completed.

FinTech sector drops this week with only 24 deals

This week saw the FinTech sector flounder compared to seven days ago, as the space failed to meet the $1bn mark in deals completed.
SEC

SEC reviews Scope 3 emissions in upcoming climate disclosure rules

The U.S. SEC has received feedback against the inclusion of Scope 3 emissions in their proposed climate disclosure rule.

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