E-commerce

fintech-news

Softbank, Alibaba said to invest $445m in to Paytm Mall

Softbank and Alibaba have reportedly invested $445m in to Paytm Mall, the e-commerce division of Indian banking platform Paytm.

Form3 scores $33m in its latest funding round

Cloud-native payment technology developer Form3 has scored $33m in funding, which will support the next growth stage of the company.

Zip extends global reach into India with ZestMoney investment

Australian buy now, pay later (BNPL) company Zip has invested $50m into Indian BNPL firm ZestMoney to expand its global grip on the payment market.

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.

Singapore Life moves into payments with Yolopay acquisition

Life insurance company Singapore Life has acquired Yolopay, supporting its move into the prepaid card sector.

Tamara secures $6m in new investment round as buy now pay later industry is...

Saudi Arabia-based startup Tamara has secured $6m of seed capital on the back of increased activity in the buy now pay later sector.

India-based commerce platform Innoviti closes Series D on $45m

India-based commerce platform Innoviti Payment Solutions has collected $45m in its Series D round.

Birch Finance closes $1m Seed round led by AGP Miami

Credit card rewards analysis company Birch Finance has closed a $1m seed round led by AGP Miami, an angel investor network.

Payments API Modulr closes ?18.9m growth funding

Payment as a service API platform Modulr has closed a ?18.9m in growth capital, just months after closing its former round.

Freelancer-focused neobank Lili snares $55m in Series B round

New York-based neobank Lili has raised $55m from a Series B funding round led by Group 11.

News Stories

FinTech

FinTech investment sees uptick following two sluggish weeks

There was a climb in investment in the FinTech sector this week, with FinTech Global reporting on a total of $399m being raised across...
compliance

Will 2024 be the year of compliance technology?

As technologically-driven solutions continue to firmly pierce the financial industry and how it runs, the need for firms to maintain compliance amongst a deluge...
ZeroEyes joins Lloyd's Lab for pioneering InsurTech against gun violence

ZeroEyes joins Lloyd’s Lab for pioneering InsurTech against gun violence

In an unprecedented move, ZeroEyes, known for its pioneering AI gun detection technology, has been welcomed into the coveted Lloyd's Lab Accelerator program, marking a significant stride in InsurTech innovation.
Chubb revolutionises flood insurance: Faster quotes with new digital platform

Chubb revolutionises flood insurance: Faster quotes with new digital platform

Chubb Personal Risk Services (PRS), known for its commitment to providing exceptional insurance services, has announced the launch of an innovative self-service Flood Insurance System.
Bishop Street and Topsail Re join forces to revolutionise MGA platform with strategic joint venture

Bishop Street and Topsail Re join forces to revolutionise MGA platform with strategic joint...

Bishop Street Underwriters, a notable entity within the RedBird Capital Partners' portfolio, has formally announced a groundbreaking joint venture with Topsail Reinsurance SPC, Ltd....

Download the free AIFinTech100 report

FREE

Download the AIFinTech100 report for 2023 with details on each solution

120,000+ FinTech leaders get exclusive industry stories delivered every week