Rapyd and nate team up to take on e-commerce

Payments platform Rapyd and AI-powered consumer shopping app nate have partnered to expand their e-commerce reach and global offering.

Overwhelming majority of firms to prioritise cross-border commerce in 2022

A report by FinTech Rapyd has found 93% of businesses see cross-border commerce as a high priority for 2022 and beyond.

UK-based Slip slides to pre-seed close ahead of summer launch

UK-based Slip, which hopes to transform retail for businesses and consumers, has scored ?750,000 in pre-seed funding ahead of its launch this summer.

Revolut adds Stripe amid global expansion

UK FinTech giant Revolut is to use Stripe, a financial infrastructure platform for businesses, to support payments in the UK and Europe and accelerate its expansion into new markets.

Mason bags $7.5m for an Amazon alternative platform

Mason, a retail technology platform provider offering an alternative platform to Amazon, has raised $7.5m in seed funding.
Octane completes $406.9m securitisation

Octane completes $406.9m securitisation

Octane, which claims to be revolutionising the buying experience for recreational purchases, has closed a $406.9m securitisation collateralised by its fixed-rate instalment powersports loans.
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Turkish payments service provider iyzico nabs $13m

Turkish online payments processor iyzico has raised $13m in a Series C round led by Vostok Emerging Finance. Existing backers IFC and local investor 212 also participated.

Flipkart bags $156m in credit line from Axis Bank

India-based e-commerce marketplace Flipkart has reportedly bagged $156m in a credit line from Axis Bank.

Amino Payments bags $4.5m funding led by First Round

Online blockchain-based payments company Amino Payments has closed a $4.5m funding round led by First Round Capital.

B-Stock nets $65m in backing from Spectrum Equity

B-Stock, a B2B marketplace for liquidation merchandise, has netted $65m in a round from growth equity firm Spectrum Equity.

News Stories


ETF investment service InvestEngine launches second crowdfund

InvestEngine, an Exchange-Traded Fund (ETF) investment platform, has launched a second crowdfunding campaign to capitalise on a strong year of growth.
J.P. Morgan to pilot biometric payments in US

J.P. Morgan to pilot biometric payments in US

J.P. Morgan is launching a pilot of biometrics-based payments with select retailers in the US.

Top two deals dominate in this weeks’ 25 deals

This week saw 25 deals take place across the FinTech sector. Two high-value raises of $270m and $250m lead the charge this week, accounting for over half of the amount raised by the top 10 deals all together. 
SteelEye integrates ChatGPT with its surveillance platform

SteelEye integrates ChatGPT with its surveillance platform

 SteelEye, which claims to be the first and only integrated surveillance solution, has integrated ChatGPT into its compliance platform.
Why compliance teams need to bring automation across deal flow

Why compliance teams need to bring automation across deal flow

Regulatory compliance tech vendor eflow Global is working with Portfolio Bi, a developer of investment management software and services, to help managers meet regulator and investor requirements.

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