E-commerce

CrediLinq lands funding for the future of B2B payments

Singapore-based CrediLinq, an artificial intelligence (AI) and machine-learning credit underwriting firm, has raised $2.6 million.

Non-traditional sign-up products to fuel subscription surge

Non-traditional sign-up products and services are expected to fuel the next wave of subscriptions, according to a report from Barclaycard Payments.

Balance pulls in $56m for the “fourth industrial revolution”

Balance, a B2B e-commerce payments company, has raised $56m in Series B funding in a round led by Forerunner Ventures.

Ivory Coast-based PayTech Bizao scores $8.2m Series A

Ivory Coast-based FinTech company Bizao has reportedly received $8.2m in its Series A funding round.

Instagram embeds payment services through Meta Pay

Social media platform Instagram has embedded payments through the support of Meta Pay.

Australian FinTech startup mx51 scores $32.5m

Australian FinTech company mx51 has reportedly raised $32.5m in its Series B funding round.

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.

Raylo raises €7.5m for the “responsible evolution of BNPL”

Raylo, a London-based subscription payment platform, has raised €7.5m.

Challenges ahead for cross-border commerce

UK-cross border retail has declined by 71%, according to research by payments platform Adyen.

Digital gratuity software Kickfin picks up $11m

Gratuity management software Kickfin has picked up $11m in its seed round.

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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