Revolut might get decacorn status in upcoming funding round

London-based digital banking app Revolut is reportedly eyeing a fundraise that would value the company at over $10bn, as reported by Sky News, which cited unnamed sources.
Try-before-you-buy French FinTech startup Elyn bags $2.7m

Try-before-you-buy French FinTech startup Elyn bags $2.7m

Elyn, a French FinTech that aims to let customers try items before they have to pay for them, has reportedly raised $2.7m in its pre-seed round.

Micro payments service Shrap unveils pilot program to examine future of cash

A pilot program by UK micropayments firm Shrap has begun two pilot programs in Essex and Denny, Scotland to trial and test scalable solutions to help keep cash sustainable.

Novus to launch beta banking app as it prepares for summer roll-out

UK-based banking company Novus is due to launch its beta banking app in the coming weeks before introducing the product to the wider public in summer 2021.

E-payments specialist PPRO Group secures Northleaf Capital backing

HPE Growth Capital-backed payments business PPRO Group has received an investment from Northleaf Capital Partners. The cross-border e-payment specialist allows businesses to accept over a 140 alternative payment...
fintech-news

Blueday bags growth investment from Radian Capital

Revenue management company Blueday has nabbed a growth equity investment from Radian Capital.

Kafene said to raise $14m to offer flexible payments and protect customers from debt

BNPL firm Kafene raised $14m in Series A funding to empower flexible ownership for subprime customers.
Stripe launches Enhanced Issuer Network to combat fraud

Stripe launches Enhanced Issuer Network to combat fraud

FinTech giant Stripe has launched Enhanced Issuer Network, a set of partnerships with major US card issuers, with the aim of reducing fraud.

Vanco merges with Connexeo to further support faith-based and education markets

Vanco Payment Solutions and Connexeo have merged together to better serve customers in the education and faith-based markets.

Australian FinTech Zeller snares A$50m to accelerate banking platform development

Australian business banking alternative Zeller has secured A$50m from a recent funding round to supercharge the development of its integrated business banking platform.

News Stories

etf-investment-investengine-launches

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.
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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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