Fundbox secures more than $300m in debt and equity round
Fundbox, a B2B payments and credit network, has raised $176m in its Series C growth equity round and a $150m credit facility.
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.
Stripe lands $35bn valuation after closing a new $250m Series F funding round
The payment processing unicorn Stripe has joined the Silicon Valley elite after netting a $250m funding round and a $35bn valuation.
Google moves to leverage the Indian growth of digital payment with new Google Pay...
Google Pay is expanding in India with a new platform for merchants. The Spot Platform will empower businesses owners to create branded commercial experiences that bridge the offline and online worlds.
GoCardless unveils US debit solution
UK-based payments scaleup GoCardless has launched a US debit solution.
Traditional banks who don’t innovate could lose $280bn by 2025
The global payments industry could cash in on an additional $500bn by 2025, but at the same time old school bankers could lose $280bn of that by not adopting new technology.
Klarna helps H&M introduce a new pay later option in the United Kingdom
British H&M customers can now buy new threads and pay later thanks to a new solution provided by Klarna, the Swedish FinTech unicorn.
How did digital wallet FinTech Paytm lose $549m last year?
Indian FinTech unicorn Paytm lost $549m in the financial year ending in March.
PayPal suspends Ku Klux Klan fundraising account
Payment platform PayPal has removed an account used by the Ku Klux Klan to raise money.
Payments unicorn Revolut is opening a new centre in Portugal
Revolut has announced plans to open a customer operation centre in Porto, Portugal. The move will create 400 new jobs, according to the payments app.
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