Modern Treasury passes $2bn valuation following Altimeter-led Series C
Payments operation software platform Modern Treasury has raised $85m in a Series C funding round led by Altimeter Capital.
BNPL market gets new big player as Mastercard launches Installments
Mastercard has entered the buy now, pay later (BNPL) market after it unveiled flexible payment platform Installments in the US, the UK and Australia.
Ascend Money becomes first Thai FinTech unicorn after $150m funding haul
Ascend Money has raised $150m in funding to become the first Thai unicorn at a $1.5bn valuation.
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.
Branded payments company Recharge.com secures $35m Series B
Recharge.com, which has designed a selection of consumer-branded payments, has raised $35m in its Series B funding round.
PayTechs replace banks as most important business partners for SMEs
Research by FinTech firm YouLend has found PayTechs and website and webshop providers have overtaken banks as the most important business partner for SMEs.
Emerging markets set to lead mobile wallet uptake by 2025
A global study by Boku has found that emerging markets in Latin America and Africa and the Middle East are set to see the largest uptake in mobile wallets by 2025.
TrueLayer collects $130m in round led by Tiger Global and Stripe
Open banking platform TrueLayer has closed a $130m fundraise, which was led by Tiger Global and Stripe.
Monese unveils new BaaS platform, enters partnership with Investec
Challenger bank Monese has entered a strategic partnership with Investec Bank following the recent introduction of the former’s banking-as-a-service (BaaS) platform.
FinTech unicorn Pine Labs closes additional funding hot off heels of $600m investment
FinTech unicorn Pine Labs has received a $100m investment, which comes just hot off the heels of its $600m round.
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