E-commerce

Croissant’s revolutionary FinTech platform kicks off with $24m seed funding

In a significant leap towards transforming the future of commerce, Croissant, a mission-driven FinTech platform, recently unveiled itself with a robust $24m seed funding from prominent investors.

Saudi Arabia’s FinTech horizon broadens with Mastercard-Geidea collaboration

Mastercard, a global pioneer in payment solutions, has joined hands with Geidea, the leading FinTech innovator in Saudi Arabia. The primary aim of this partnership is to broaden the access of consumers and businesses to world-class card and payment solutions.
Canadian FinTech Nuvei and Plaid broaden horizons in eCommerce verticals

Canadian FinTech Nuvei and Plaid broaden horizons in eCommerce verticals

Canadian FinTech firm, Nuvei Corporation (Nasdaq: NVEI) (TSX: NVEI), and Plaid, an influential data network, have announced the extension of their existing partnership, aiming to transform the eCommerce landscape by optimising bank-based payment experiences.
FinTech giant FIS sells Worldpay to GTCR for $18.5bn

FinTech giant FIS sells Worldpay to GTCR at $18.5bn valuation

FIS, a global leader in financial services technology, has made a strategic move to sell a majority stake in its Worldpay Merchant Solutions business to private equity funds managed by GTCR.
FreedomPay teams up with Visa for global tokenisation

FreedomPay teams up with Visa for global tokenisation

Visa, a worldwide pioneer in digital payments, is set to join forces with FreedomPay, an international leader in Next Level Commerce™.
SmartMetric's biometric technology powers new era for Visa and MasterCard

SmartMetric’s biometric technology powers new era for Visa and MasterCard

SmartMetric, a pioneer in the development of biometric credit cards, has recently celebrated the adoption of its advanced security technology by leading payment networks, Visa and MasterCard.
BlueSnap empowers Arbonne with global payment capabilities

BlueSnap empowers Arbonne with global payment capabilities

BlueSnap, an established global payment orchestration platform that caters to high-profile B2B and B2C businesses, has recently entered into a partnership with Arbonne International, a pioneer in sustainable health and wellness.
LHV Bank selected by Montonio to enhance API-driven e-commerce solutions

LHV Bank selected by Montonio to enhance API-driven e-commerce solutions

Leading banking services provider for FinTech companies, LHV Bank, has been chosen by Montonio, a fast-growing e-commerce checkout solution provider, to bolster its merchant services.
re al-time-payments-provider-volt-secures-60m-in-series-b

Real-time payments provider Volt secures $60m in Series B

Volt, a leading global real-time payments provider, has successfully raised a $60m Series B investment round.
Canadian startup Chexy seizes CAD1.3m in a pre-seed round

Canadian startup Chexy seizes CAD1.3m in a pre-seed round

Chexy, described as Canada's pioneer payments platform enabling tenants to garner rewards through regular on-time rent payments, has announced both its launch and a pre-seed funding round that has netted the company $1.3m CAD.

News Stories

Strong week in the FinTech sector with $1.7bn raised

FinTech Global this week reported on 21 recorded deals in the FinTech sector, with a strong showing in the reinsurance space bringing the total value recorded over $1bn.

EU regulator suggests revamp in sustainable investment rules

The ESMA has recently recommended a significant overhaul of the Sustainable Finance Disclosure Regulation (SFDR) within the EU.
MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

MNT-Halan expands into Turkey with acquisition of Tam Finans

MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

EU banks and insurers lag in green compliance, PwC study finds

A recent PwC study has uncovered a striking deficiency in the alignment of financial institutions’ activities with the EU's taxonomy for sustainable activities. According...
India

India’s new climate finance taxonomy to propel green transition

India is poised to implement a climate finance taxonomy, as announced by the Minister of Finance, Nirmala Sitharaman, during the annual budget.

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