fintech-news

AdvicePay secures $500k seed round led by Goodworks, Front Street

Payment processing solution AdvicePay has closed a $500k seed round of funding led by Goodworks Ventures and Front Street Capital.

EQT acquires cross-border payments platform Banking Circle

EQT has acquired Saxo Payments Banking Circle from Saxo Bank and other minority investors.

Optal signs deal to boost Lloyds Bank’s payment solutions

Optal, a B2B transactions specialist, has signed a new deal with British Lloyds Bank.

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.

HyperPay closes funding to support growth across Egypt and GCC

HyperPay, a Saudi Arabia-based payment service provider, has closed an eight-digit funding round.

Curve launches numberless cards for investors and its crowdfunding backers will be the first...

The long number sequence at the front of credit cards are numbered if UK-based FinTech Curve’s latest offering catches on.

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.

Stealth mode FinTech Uni reportedly closes seed round

Uni, a credit card company which is currently in stealth mode, has reportedly raised $18.5m in a funding round.

Affirm’s stocks soar on first day of trading and pave way for massive growth...

Affirm began trading on the Nasdaq on Wednesday with its shares jumping by more than 100% in the first day, laying the groundwork for huge growth in the buy now pay later space.

Stripe’s valuation soars to $95bn after $600m fundraise

Online payments technology provider Stripe raised a new $600m funding round that values the company at $95bn, nearly tripling from $36bn since April 2020.

News Stories

medius-strengthens-spend-management-offering-through-ai-powered-expensya-acquisition

Medius strengthens spend management offering through AI-powered Expensya acquisition

Medius, an eminent provider of accounts payable (AP) automation based in Stockholm, Paris and Tunis, has disclosed plans to acquire Expensya, an expense management software enterprise.
C6 Bank launches Brazil's first automatic carbon calculator

C6 Bank launches Brazil’s first automatic carbon calculator

C6 Bank, a progressive Brazilian financial institution, has taken a significant step towards sustainable banking by introducing the country's first automatic carbon footprint calculator product.
digital-trade-finance-platform-mitigram-bags-11m-eyeing-accelerated-growth

Digital trade finance platform Mitigram bags $11m, eyeing accelerated growth

Stockholm-based Mitigram, delineated as the pioneering force in the realm of digital platforms dedicated to global trade financing, has raised $11m in fresh funding.
Payrails scales FinOps with $14.4m funding led by EQT Ventures

Payrails scales FinOps with $14.4m funding led by EQT Ventures

Payrails, a Berlin-based FinTech firm providing a robust payment operating system for global platforms, announced today its successful fund-raising effort.
lendingstandard-accelerates-with-a-6-7m-boost-in-funding

LendingStandard accelerates with a $6.7m boost in funding

LendingStandard, a Kansas City-based startup, has secured $6.7m in a fresh funding round. 

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