FSS, QRails partner to improve payment authentication
Global payments technology company FSS (Financial Software and Systems) has teamed with QRails to improve authentication in payments.
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.
African DPO Group saw a 35% jump in Black Friday online payments
FinTech in Africa is on the rise. The latest sign is DPO Group noticing a 35% spike in digital transactions during Black Friday in South Africa.
How the coronavirus will affect different segments of the FinTech industry
As COVID-19 rages on across the world, the affects on the FinTech segment of the economy is already letting itself be known.
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.
Cross-border payments startup Thunes has bagged $60m in a Series B round
Singapore-based FinTech startup Thunes has secured $60m in a Series B funding round led by Helios Investment Partners.
Latin America and teen-focused FinTech services are coming of age as the industry closes...
Last week’s 32 FinTech rounds highlight how Latin America is exploding with new activity, how open banking has nudged closer to being fully adopted across Europe and the rising popularity of teen-focused ventures.
Neobank Rewire raises $20m to ease cross-border banking for migrants
Israeli FinTech Rewire closed a $20m Series B funding round led by crowdfunding platform OurCrowd to expand its cross-border international banking service for migrant workers.
Yoello scores a undisclosed investment from Hodge
Yoello, which helps businesses accept mobile payments, has received an undisclosed investment from Welsh Bank Hodge.
Fintecture said to raised €6.2m in seed funding
Fintecture, which aims to make instant payments safer and cheaper, has reportedly collected €6.2m in its seed round.